What are the 'unicorn jobs' that M7 MBA students sometimes hold out for?

I read recently that HBS and GSB sometimes have lower placement rates upon graduation because the students hold out for 'unicorn jobs'.

What would be some specific examples of jobs like this? Is it referring to positions such as C-suite at start-ups, or are there specific firms which they target?

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Most people I know that didn't have a job at graduation were looking for buyside roles at very specific firms. They're typically holding out for only a distressed shop or a PE fund with a specific size or industry focus. It tends to be people who could have had job offers if they wanted but chose to either not interview or turn down offers at places that weren't what they considered ideal for their goals.

 

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