NEW UNICORNS: Meet the 14 startups that grew to be worth billions in 2016

In Silicon Valley, a “unicorn” is a company with a billion-dollar valuation. Its name implies how rare it should be to reach that status.

But as more money pours into startups — a prominent trend over the last few years — more startups are achieving “unicorn” status.

Unicorns hit a fever pitch in 2015, when 42 startups achieved billion-dollar valuations. Yet as the data shows, becoming a unicorn wasn’t quite as easy in 2016…