Wonders & Blunders: Did you know that unicorns can fly?

The financial industry gets a bad rap. From “The Big Short” and “Billions,” to “Flash Boys” and “The Wolf of Wall Street,” Americans are often persuaded that anyone who works with money must be a bad egg. The Wall Street Journal  reports that Virtu Financial CEO Douglas Cifu is determined to rewrite the high-frequency-trading story by focusing on market-making, backing IEX and, um, coaching hockey. His PR push comes alongside his company’s efforts to acquire rival firm KCG, a move that would more than double Virtu’s U.S. trading volumes. 

Unicorns are hard to find, but maybe that’s because they’re flying high above us. TechCrunch reports that last month’s Uber Elevate Summit featured experts from the aerospace, aviation and energy storage sectors. The inaugural event honed in on catalyzing the future of on-demand, urban air transportation, which is about as complicated as you would expect, but also the sector that could produce the next “unicorn.” Long story short, Silicon Valley is betting that tomorrow’s taxi will be a flying car. So when searching for the next billion-dollar startup, keep your eyes to the sky.