The alternative funding supplier, Greensill Capital, were announced this week as the latest company to achieve the status of Unicorn, that is, a privately owned startup company with a valuation of $1 billion, following an investment of $250 million from General Atlantic.
As long as there has been budgeting there has been debate about whether Top down or Bottom up is the best approach. As consultants it is probably the most common conversation we have with our customers. Both have their pro’s and con’s, but, until now, they have also been mutually exclusive.
Tech companies are dominating the ranks of the fastest-growing industries. According to Forbes they experienced an average of 18% sales growth in 2016. This is more than double the average growth rate across all sectors of 6.8%.