Law360, New York ( April 25, 2016, 11:44 AM EDT) -- In a speech last month, U.S. Securities and Exchange Commission Chair Mary Jo White signaled that the agency was going to be paying closer attention to private companies, particularly so-called "unicorns" — that is, the private venture-backed startups with valuations over $1 billion. In her speech, White highlighted the concerns that can surround companies with these kinds of lofty valuations, noting that "the concern is whether the prestige associated with reaching a sky-high valuation fast-drives companies to appear more valuable than they actually are."...
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