Unicorns are one thing. Unicorns on steroids are quite another.
As is well known by now, Ant Financial, the Chinese micro-lending Internet player, has raised a whopping $4.5 billion in its latest financing round, a tidy sum above the $3.5 billion it had initially been seeking. The funding is a striking portrait of demand by investors with dry powder to gain entry into a nascent, technology driven market.