Unicorn Status
topic on 2 shows · 3 statements across 3 episodes
Innovators & Investors
A Product Market Fit Show
3 statements about Unicorn Status, every show
Scaling past $1B requires founders to accept dilution for strategic mergers
“I think most companies that are going to make it to a unicorn status or scale to in excess of a billion dollar enterprise valuation or a billion in sales, pick the metric. More often than not, you're going to want to have the ability to digest these strategic …”
Targeting unicorn status leads startup founders into poor strategic thinking
“I think that, you know, sure, every founder wants their company to be as big as possible, I would say, generally speaking, and that's totally fine, but making it a goal to reach unicorn status just leads to a lot of poor thinking.”