Founders of Billion-Dollar Companies Have These Simple Things in Common

Never wonder What founders of "Unicorn" businesses, Or startups value has less A billion dollars, to have In common?

After look has data Since 845 unicorns And 2,018 Unicorn founders In THE WE. And UNITED KINGDOM. Since THE pass decade, Challenge Capital find three common, qualitative features In THE “DNA” of Unicorn founders:
They TO DO not to have A backup plan They to have staff stories of feeling limit Or unfairly treaty They believe In themselves.
"THE stories that are future out to show mad determination," Challenge Capital founder Christian Dorffer said TechCrunch.

Dorffer said THE founders all sharing "hunger, Self-confidence, ingenuity, And resilience."

Related: A New AI To start up Since Unicorn Founders Wanna Businesses has Know Their “It’s worth it”

THE report find that 70% of unicorns had "outsider" founders, which THE researchers defined as founders WHO were immigrants, women, Or people of color.

THE study Also find that more that half of THE founders (53%) had degrees Since high global the universities. Most founder teams (70%) had has less A person with A STEM degree (science, technology, engineering, Or mathematics).

Founder teams were more common In THE billion dollars to start up support that solo founders, with 80% of unicorns directed by A team. Half of THE founders interrogates were serial entrepreneurs, SO they had created has less A other business Before reach A more than a billion dollars assessment with their Unicorn startup.

Related: To want has To start A billion dollars Business? Look has These Two Industries, Which To have THE Most Unicorn Growth

A separated FEBRUARY study find that two Industries stood out last year In produce unicorns: cyber security And artificial intelligence. As of March 2024, there are more that 1,000 unicorns around THE world, including OpenAI, Cloth, And SpaceX, according to has CB Information.

Dorffer East NOW planning has create A podcast And interview a lot of THE Unicorn founders interrogates In THE study.

Business Mar 28, 2024 0 8 Add to Reading List

Founders of Billion-Dollar Companies Have These Simple Things in Common

Never wonder What founders of "Unicorn" businesses, Or startups value has less A billion dollars, to have In common?

After look has data Since 845 unicorns And 2,018 Unicorn founders In THE WE. And UNITED KINGDOM. Since THE pass decade, Challenge Capital find three common, qualitative features In THE “DNA” of Unicorn founders:

They TO DO not to have A backup plan They to have staff stories of feeling limit Or unfairly treaty They believe In themselves.

"THE stories that are future out to show mad determination," Challenge Capital founder Christian Dorffer said TechCrunch.

Dorffer said THE founders all sharing "hunger, Self-confidence, ingenuity, And resilience."

Related: A New AI To start up Since Unicorn Founders Wanna Businesses has Know Their “It’s worth it”

THE report find that 70% of unicorns had "outsider" founders, which THE researchers defined as founders WHO were immigrants, women, Or people of color.

THE study Also find that more that half of THE founders (53%) had degrees Since high global the universities. Most founder teams (70%) had has less A person with A STEM degree (science, technology, engineering, Or mathematics).

Founder teams were more common In THE billion dollars to start up support that solo founders, with 80% of unicorns directed by A team. Half of THE founders interrogates were serial entrepreneurs, SO they had created has less A other business Before reach A more than a billion dollars assessment with their Unicorn startup.

Related: To want has To start A billion dollars Business? Look has These Two Industries, Which To have THE Most Unicorn Growth

A separated FEBRUARY study find that two Industries stood out last year In produce unicorns: cyber security And artificial intelligence. As of March 2024, there are more that 1,000 unicorns around THE world, including OpenAI, Cloth, And SpaceX, according to has CB Information.

Dorffer East NOW planning has create A podcast And interview a lot of THE Unicorn founders interrogates In THE study.