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What Does It Really Take to Build a Unicorn


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The timeline for startups to achieve unicorn status averages 6.6 years, typically concluding around mid-2031. Variations exist, with some companies, like Inflection AI and World Labs, reaching this status almost immediately, while others, such as Domestika and Citadel Securities, can take up to two decades. Nearly half of startups secure their first funding round within months. Most reach unicorn status two to seven years after their first funding, often peaking three to eight years post-founding. Years four to five generally see the highest concentration of unicorns. However, achieving unicorn status does not guarantee ongoing success. Many businesses struggle with sustained growth afterward, exemplified by WeWork's decline from $47 billion valuation to bankruptcy in 2023. Most unicorns secure an average of five funding rounds, though some achieve status with fewer rounds. The journey to unicorn status typically demands significant time and effort from founders and investors, underscoring the importance of diligence and persistence in building lasting ventures.

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Web3 Wavefronts - Digestible News on Crypto, DeFi and AIBy theWeb3.news