Of course, it’s not always a common event to see a startup raise $50 million in seed funding (to put it in perspective, an average seed round is $2.2 million, but in the previous decade, it was even as lower as $500k). In a burst of news into the industry, he has announced his new startup, which has already raised $50 million in seed funding and hired 75 employees. On July 14th, 2021, Dheeraj Pandey, the co-founder and ex-CEO of Nutanix (and my ex-boss!), revealed his stealth startup. Usually, when a stealth startup emerges, it’s a product that is either hiding information from competitors or a marketing strategy to build a public image. Stripe (payment processor) at a $95 billion valuation.Ant Group (from Hangzhou China) at a $150 billion valuation. ByteDance (makers of TikTok) at a $180 billion valuation.Unicorns are supposed to be rare but according to CB Insights, there are over 728 unicorns in the business world today.Ī Super Unicorn or Hectocorn have been new terms that have been thrown into the market by Aileen Lee, the founder of seed-stage fund Cowboy Ventures, who coined the term ‘unicorn’ originally.īasically, these are startups (or more like enterprise companies at this point) who have managed to surpass a $100 billion market capitalization.Īlthough there are plenty of public company examples, to put it in perspective, only two private companies in the world have this valuation and a close third.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |