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Arcane

Stealth • 2m

As per a survey by Private Circle Research, 60% of the Indian founders built a unicorn in their very 1st attempt !!! 29% of the founders did this in two attempts. Also, after their first unicorn, the same founder takes a median of 1.5 years to turn their second startup into another unicorn. This is quite impressive honestly. In the sector wise analysis, it was found- 🔹Web3 startups: 3 years (fastest unicorns), 🔹Deeptech, Traveltech, and SaaS : 10-11.5 years (the longest time) 🔹Ecommerce, Edtech, Fintech, and Healthtech startups: 6-6.5 years of median time to become unicorns. Another surprise is how fast Indian startups are reaching Unicorn status in the recent years. For startups founded after 2020, it now takes just 1 year on average, compared to 26 years for startups before 2000. Interesting, right?

21 replies24 likes
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K

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On average, male founders earned eight times their female peers in FY23, according to a PrivateCircle research on 114 Indian unicorns. The report also showed that male founders took home a median of Rs 1.8 crore, while their female counterparts earn

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Sankalp

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Forget unicorns. The future belongs to startups that are lean, profitable, and quietly dominating their niche.

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🚨 According to a study, around 60% of India's unicorn startup founders succeeded on their first attempt.

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Ganesh Nayak

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Most people won't start their startups Most startups will fail Most of them won't be unicorns Only a few will know real success And maybe one of those few will change the world for the better

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What is your opinion on the all the unicorns slashing their valuations now?

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How long did it took for the popular unicorns to find their PMF.

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Arcane

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Nearly Half of US Unicorn Founders Were Born Outside the US 🙂. Indian Origin Founders top the list. Imagine if they built in India.

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