HOW LONG DOES IT TAKE FOR UNICORNS TO EXIT?

#1?HOW LONG DOES IT TAKE FOR UNICORNS TO EXIT?

For a sample of 595 exited US VC-backed unicorns, it takes a mean of about 9 years since founding to exit, where “exit” means going public, acquisition, or liquidation/bankruptcy. There is a lot of variation. Some companies exit much faster. For example, Invivyd went public in the summer of 2021, a little over a year after it was founded, having already raised Series A, B, C.?Some companies had to wait a long time.?

#2?WHAT ARE THE RISKS OF HAVING A STRATEGIC INVESTOR??

At times you might be approached by a strategic who is willing to be a part of your round syndicate for a minority position. Several things to keep in mind. Of course, there are positives like potential biz dev/ extra revenue, valid product signaling, and of course, you are potentially getting deeper pockets in your capable. But also there could be a number of issues.?Bear in mind a conflict of interest with potentially competing customers.??

#3?THE WORLD-CHANGING RACE TO DEVELOP THE QUANTUM COMPUTER?

Such a device could help address climate change and food scarcity, or break the Internet. Will the U.S. or China get there first? Quantum computers, like the ones Google is building, use qubits, which can take a value of zero or one, and also a complex combination of zero and one at the same time. Qubits are thus exponentially more powerful than bits,?able to perform calculations that normal bits can’t.?

#4?TWITTER IS A MESS, SO FORMER EMPLOYEES ARE CREATING SPILL?

Terrell and Brown are announcing waitlist signups for Spill, which they describe as “a real-time conversational platform that puts culture first.” “We were the only two Black guys in there, and we were like, ‘Hey, we’ll be friends!'” said Terrell, who served as the platform’s global head of Social & Editorial until last month, when he was one of thousands of employees laid off upon Elon Musk’s takeover.?Brown was a product manager lead at Twitter.

#5?FREE YOUR MIND AND THE REST WILL FOLLOW?

Focus on the daily schedule. It’s really what we do every day that defines who we are, what lifestyles we live, what we really need, and what growth we are seeking. Without a well-crafted and executed daily schedule you’re not going anywhere.The ideal is, of course, to have gotten to the point in life where you can design or highly influence your own schedule.?Becoming an expert within your field is the optimal way of doing this.

If you enjoyed this newsletter,?forward it to a friend. If you are a startup with a founder from Central or Eastern Europe or Israel looking for financing, whether it is Seed, Series A or later,?submit your pitch deck. ?

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