{"id":4263,"date":"2020-02-17T16:20:00","date_gmt":"2020-02-17T10:50:00","guid":{"rendered":"https:\/\/pitch.link\/blog\/?p=4263"},"modified":"2020-03-07T16:24:48","modified_gmt":"2020-03-07T10:54:48","slug":"how-did-unicorns-look-like-as-startups","status":"publish","type":"post","link":"https:\/\/pitch.link\/blog\/how-did-unicorns-look-like-as-startups\/","title":{"rendered":"How did Unicorns look like as  startups?"},"content":{"rendered":"\n<p class=\"has-drop-cap\">This is a question that comes up  often and Ali Tamaseb, partner DCVC,  spent 300 hours analyzing public data, talking to founders and combing through Crunchbase and PitchBook on exaclty this topic .  <\/p>\n\n\n\n<!--more-->\n\n\n\n<p>The questions he had included: <br>* How many competitors did they have when they started? <br>* What were their defensibility\/moats? <br>* Did the founders have work experience in the same sector\/industry?  <\/p>\n\n\n\n<p>Here is a sample of what he found:  <br>1. These companies had, what he calls \u2018Super Founders\u201d &#8211; those had a exit of $50m or an ARR of $10m+ <br>2. Directly Relevant Industry Experience Does Not Matter;  <br>3. The market was already large at the time of founding. 65% wanted market share from competitors.  <br>4. Timing is overrated <br>5. Save Time, Save Money, Or Make Things Easier. By far the top-performing category is productivity.  <br>6. Over 50% Were Competing With Multiple Incumbents At the Time of Founding <br>7. The Product Matters! most startups had very high differentiation in their core product offering with competitors <\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"532\" src=\"https:\/\/i0.wp.com\/cdn.pitch.link\/blog\/wp-content\/uploads\/2020\/03\/07162340\/414.jpeg?resize=800%2C532&#038;ssl=1\" alt=\"\" class=\"wp-image-4264\" srcset=\"https:\/\/i0.wp.com\/cdn.pitch.link\/blog\/wp-content\/uploads\/2020\/03\/07162340\/414.jpeg?resize=800%2C532&#038;ssl=1 800w, https:\/\/i0.wp.com\/cdn.pitch.link\/blog\/wp-content\/uploads\/2020\/03\/07162340\/414.jpeg?resize=800%2C532&#038;ssl=1 300w, https:\/\/i0.wp.com\/cdn.pitch.link\/blog\/wp-content\/uploads\/2020\/03\/07162340\/414.jpeg?resize=800%2C532&#038;ssl=1 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" data-recalc-dims=\"1\" \/><figcaption> Chart from article<\/figcaption><\/figure><\/div>\n\n\n\n<p>50 learnings are listed by Ali. A nice list for you to ponder over state of your startup and the possibility of getting the U status.   <\/p>\n\n\n\n<p>Where I learnt this #414 <\/p>\n\n\n\n<p>Land of the \u201cSuper Founders\u201c\u2014 A Data-Driven Approach to Uncover the Secrets of Billion Dollar Startups <\/p>\n\n\n\n<p><a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/medium.com\/@alitamaseb\/land-of-the-super-founders-a-data-driven-approach-to-uncover-the-secrets-of-billion-dollar-a69ebe3f0f45\">https:\/\/medium.com\/@alitamaseb\/land-of-the-super-founders-a-data-driven-approach-to-uncover-the-secrets-of-billion-dollar-a69ebe3f0f45<\/a> <br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This is a question that comes up often and Ali Tamaseb, partner DCVC, spent 300 hours analyzing public data, talking to founders and combing through Crunchbase and PitchBook on exaclty this topic .<\/p>\n<\/p><div class=\"more-link\"><a href=\"https:\/\/pitch.link\/blog\/how-did-unicorns-look-like-as-startups\/\" class=\"btn btn-small btn--dark btn-hover-shadow\"><span class=\"text\">Continue Reading<\/span><i class=\"seoicon-right-arrow\"><\/i><\/a><\/div>","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"inline_featured_image":false,"ub_ctt_via":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[69,83],"tags":[70,81],"class_list":["post-4263","post","type-post","status-publish","format-standard","hentry","category-what-i-learnt-today","category-startup","tag-alwayslearning","tag-startups"],"aioseo_notices":[],"featured_image_src":null,"author_info":{"display_name":"Subhanjan Sarkar","author_link":"https:\/\/pitch.link\/blog\/author\/subhanjan\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paX7jg-16L","_links":{"self":[{"href":"https:\/\/pitch.link\/blog\/wp-json\/wp\/v2\/posts\/4263"}],"collection":[{"href":"https:\/\/pitch.link\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pitch.link\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pitch.link\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/pitch.link\/blog\/wp-json\/wp\/v2\/comments?post=4263"}],"version-history":[{"count":0,"href":"https:\/\/pitch.link\/blog\/wp-json\/wp\/v2\/posts\/4263\/revisions"}],"wp:attachment":[{"href":"https:\/\/pitch.link\/blog\/wp-json\/wp\/v2\/media?parent=4263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pitch.link\/blog\/wp-json\/wp\/v2\/categories?post=4263"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pitch.link\/blog\/wp-json\/wp\/v2\/tags?post=4263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}