(De) bunking some myths about those $1b startups

I want to direct your attention ton interesting article about $1 Billion Startups - "Unicorns" - on TechCrunch today. Some myths debunked and others confirmed:

So, we wondered, as we’re a year into our new fund (which doesn’t need to back billion-dollar companies to succeed, but hey, we like to learn): how likely is it for a startup to achieve a billion-dollar valuation? Is there anything we can learn from the mega hits of the past decade, like Facebook, LinkedIn and Workday? (from: Welcome To The Unicorn Club: Learning From Billion-Dollar Startups | TechCrunch:)

 

Posted on November 3, 2013 .