CBInsights has put out another interesting infographic that lists all the 310 Unicorns around the world. They sort unicorns into 13 categories, from cyber security to Internet Software Services. The Other category includes companies within real estate, ed tech, renewable energy, aerospace, etc.
A recent report – analyzed and published by CBInsights -( @Anand Sanwal, Founder – CEO, grew his daily newsletter to half a million subscribers simply by providing extremely high value, every day*). In this post mortem which is a follow up of an earlier analysis into the data of startup death, found that 70% of tech companies failed within 20 months of raising, on an average, $1.3mn. For hardware startups the demise rate is 97% (chances of becoming a Unicorn, on the other hand, is 1%).
Today I attended a TiE meeting in Bangalore, featuring Prashanth (PV) Boccasam and Madan Padaki. The Topic was “Leveling Up about StartUps and Upstarts”. In the initial part of the program Prashanth narrated his choice of first job out of college, between IBM (offer of 76K) and Microsoft (33k).
Can Entrepreneurship change the fate of a country ravaged by mindless war and unending conflicts? Seems so. This Redherring article on the entrepreneurial ecosystem in Yemen and the unwavering optimism of entrepreneurs like Ibrahim Saleh who believes “…I think there’s a good future in Yemen” warmed my heart.