PropertyGuru’s Melhuish doesn’t believe in ‘unicorns’ even as portal nears $1b mark PropertyGuru's Steve Melhuish at the Asia PE-VC Summit in Singapore. Photo: DealStreetAsia/September 2016 Bailey York, Joji Thomas Philip June 29, 2017 PremiumSteve Melhuish, co-founder and vice chairman of PropertyGuru Group, is candid when he says does not believe in ‘Unicorns’, a term used to refer to a startup that reaches a valuation of $1 billion. Continue reading this story with a subscription to DealStreetAsia. Subscribe Already a subscriber? Log in Should your colleagues be reading this article too? Contact us for corporate subscriptions at firstname.lastname@example.org.