Tom Tunguz followed up his article on free trials survey ( presented at Saastr 2019) with another insightful post on assisted and unassisted free trails. They are linked and should be read together. The key points that you need to dig deeper into are :
Women (founders) are more likely to say they want to “change the world” : Global Startup Ecosystem Report 2018.
I wanted to take a peek at last years Startup Genome Global Startup Ecosystem Report – 2018 (new one due next month) and in continuation of my post ‘Women make 25% less than men’ – last Sunday(10th March) I wanted what the surgery said about Startup Founder – both female and male.
In a report CBInsights analyzed 1100 startups (that raised seed rounds in 2008-2010) to answer exactly that question. Post seed funding 67% startups stall at some point, fail to raise or exit (unless they become self sustaining but unattractive for investors).
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%).
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.
