Harrison: Only 200 to 300 startups in history have reached $1B revenue
Kyle Harrison · Kyle Harrison: Why 75% of Active Investors Will Disappear in the Next Few Years | 20VC #940 · 20VC with Harry Stebbings · Oct 21, 2022 · at 48:27
Kyle Harrison, General Partner at Contrary, criticizes unrealistic venture capital financial models created during the market expansion.
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“How many of them have scaled to over a billion dollars of revenue, like 203 hundred or something, right? Like it's a tiny fraction of companies that have truly gotten to that massive Scale.”
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