"Unicorns" really do have habits we can all evaluate and adopt if they fit our business to accelerate growth. Joanna will cover how to organize, operate and coordinate for growth.
6. Guess how many of those are unicorns?
Sources http://bit.ly/1jnwpig & http://tcrn.ch/1l6CUXn
There are 1,350,000 technology startups.
7. Guess how many of those are unicorns?
Sources http://bit.ly/1jnwpig & http://tcrn.ch/1l6CUXn
142
There are 1,350,000 technology startups.
8. Anatomy of a Unicorn
Source: http://tcrn.ch/1l6CUXn
Average # of years
before a liquidity event
7
34
Average age at
founding
SF
Top city. NYC & LA
are 2nd and 3rd.
3
# of women founders
behind unicorns
2007
Best year to start a
unicorn (27%).
4
Number of unicorns
< 3 years old
8 of Top 10
Are consumer companies,
(72% of overall list)
of co-founders have
history together
85%
9. Not all 142 are created equal:
Source: http://tcrn.ch/1l6CUXn
Paper unicorns: Privately held companies valued north of $1B
61% of unicorns are paper (Up 200% YoY)
Super unicorns: Company valued north of $100 billion
Facebook is the only one, born prior to 2005. There has been no new SU since 2005.
Decacorns: Companies valued north of $10 billion
There are now 9 decacorns (Up 300% YoY). 5 of 9 are mobile.
Unicorns: Companies valued north of $1B
There are 142 unicorns (Up 115% YoY)
11. “As we enter the next phase of the Age of Unicorns, many highly valued
companies will struggle to live up to their valuations, meeting harsh scrutiny
from the press, regulators, and future public market investors.
Becoming a unicorn, it turns out, was the easy part.”
@eringriffith, fortune.com
12. $10 billion Dropbox is increasingly looking like a “feature," not a service
$9 billion Theranos is battling a wave of questions about its technology
$1 billion Evernote has experienced executive turnover as it prepares to go public
43. Here's a common way startups die.
They make something moderately appealing and have decent
initial growth. They raise their first round fairly easily because the
founders seem smart and the idea sounds plausible. But because
the product is only moderately appealing, growth is ok but not
great. The founders convince themselves that hiring a bunch of
people is the way to boost growth. Their investors agree. But
(because the product is only moderately appealing) the growth
never comes. Now they're rapidly running out of runway. They
hope further investment will save them. But because they have
high expenses and slow growth, they're now unappealing to
investors. They're unable to raise more, and the company dies.
- Paul Graham
47. simplify, grow, everyday
give people the power
to share
make the world
your home
be less busy
simplify, grow, everyday
give people the power
to share
make the world
your home
be less busy
48. why do you wake up
every morning?
the world wants
more of that.
simplify, grow, everyday
give people the power
to share
make the world
your home
be less busy
49. why do you wake up
every morning?
the world wants
more of that.
simplify, grow, everyday
give people the power
to share
make the world
your home
be less busy