unicorn startup

also referred to as: unicorn startups

3 statements across 3 episodes · 0 bullish · 3 bearish · 2 people on the record · first statement Apr 14, 2020 by David Heinemeier Hansson · across every show →

Everything said about unicorn startup, oldest first

Apr 14, 2020 bearish
Opinion
DHH: At Least Half of Unicorn Startups Are Morally Deplorable
“Our advocacy has been, don't fucking chase being a unicorn. Being a unicorn is a shitty place to be for most people most of the time, and the kinds of companies that come out of that that are unicorns, half or more of them are totally morally deplorable, and y…”
David Heinemeier Hansson Apr 14, 2020 ▶ 28:26 20VC: Basecamp Founder David Heinemeier Hansson on Why It Is The Biggest BS To Chase Being A Unicorn, His Relationship to Wealth and Status and Why Now More Than Ever It Is A Myth Entrepreneurs Have To Raise VC
Jan 13, 2023 bearish
Prediction Didn’t hold up
Lemkin: Employees joining a $1B unicorn in 2023 will make nothing
“If as an employee, if you join a company with, in, in 2023 with a valuation over a billion as an employee, you're gonna make nothing. It doesn't matter what it sells for, you're gonna make nothing.”
Jason Lemkin Jan 13, 2023 ▶ 22:52 Jason Lemkin: WTF is Going On in VC? Are LPs Investing in New Funds? | 20VC #965 · 20VC with Harry Stebbings
Sep 20, 2023 bearish
Prediction Not checkable as stated
Lemkin: Many unicorn founders will quiet quit under crushing valuations
“I, I'm, I think a lot of them will quiet quit. Like, I raised three hundred million and a billion. I can't see it, Eric. Like, I could see, great, there's a two hundred million dollar exit, and yeah, I'll get a carve out, and I'll make some money, but I can't …”
Jason Lemkin Sep 20, 2023 ▶ 51:03 Is the VC Model Broken? Jason Lemkin, Mike Maples, Eric Paley & Harry Stebbings Debate | E1062 · 20VC with Harry Stebbings
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