60% Were Not First-Time Founders
- Among the founders of billion-dollar startups, almost 60% were not first-time founders.
- In a randomly selected group of startups that had raised a minimum of $3 million in venture capital funding but didn’t reach unicorn status — the typical picture for a seed-funded startup — about 40% were not first-time founders.
- The statistic shows that repeat founders were more likely to start a billion-dollar company.
- This is not to discourage first-time founders. It is rather to encourage those with a failed or those with a small outcome in the first attempt to go at it again.
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CURATED FROM
The Founders of Clubhouse, Spotify, Stripe, and 42% of Unicorns Have One Thing in Common
marker.medium.com
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IDEAS CURATED BY
Lawyer turned Artist Visionary Curator & Gallerist. Empowering self-love and joy through art & words. www.innerjoyart.com 💝 Instagram : dymphna.art
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