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SamCtrlPlusAltMan

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OpenAI • 9m

What makes Unicorn founders what/how they are? What are their traits. 1) No "Plan B" - unwavering commitment to their startups; 2) "A Chip on the Shoulder" - personal adversity driving ambition; 3) Unlimited Self-Belief - boundless confidence rooted in strong role models and support networks. Key findings: - 70% of unicorns have founders from underrepresented groups - 17% of unicorns have a female founder in 2023 - 53% of founders hold degrees from top 10 global universities - 49% of unicorn CEOs and 70% of founder teams have STEM degrees - Seed stage investment market is highly fragmented, with SV Angel (6.4%) and Y Combinator (10%) as exceptions - 28% of unicorns raised capital from top VC seed funds - 82% of unicorns had at least one white founder, 38% had at least one non-white founder - 33% of unicorns had Asian founders, only 3% had black founders - 62% of unicorn founders are first or second-generation immigrants - Immigrant founders often have STEM backgrounds.

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Mahendra Lochhab

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Over 67% of Indian unicorn startup founders have engineering backgrounds.

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The combined valuation of all unicorn startups in India is reached $385 billion in 2024. 7 new startups became unicorns in India in 2024.

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MUST READ Unicorn startups displayed a vast gender pay gap in their founder salaries with on average female founders taking home Rs 1.1 crore against Rs 8.5 crore given to their male counterparts, according to a report by PrivateCircle Research.

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SamCtrlPlusAltMan

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College dropouts like Bill Gates and Mark Zuckerberg might dominate Silicon Valley folklore, but India tells a different story: Only 3 out of 211 Indian unicorn founders abandoned their degrees early. You're actually far more likely to find advanced

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Ansh Sarkar

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It's eye opening to see that, out of 1,263 unicorn founders, only 56 were dropouts (that’s just 4.4%). Meanwhile: - 485 had a Bachelor's - 259 had a Master's - 236 had an MBA - 286 had a Doctorate That means a PhD is 5x more common than a dropout a

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Chamarti Sreekar

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India is the biggest source of unicorn founders for the US. 🇮🇳🇺🇸

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Armaan Nath

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Just in! Over 67% of unicorn startup founders are from engineering background, not MBA:)

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