Startups What comes after unicorns and centaurs? • ukbusinessupdates.com

What comes after unicorns and centaurs? • ukbusinessupdates.com

-

- Advertisment -

Lessons from Startups That Have Reached the $1 Billion Revenue Threshold

There was once, reaching a valuation of $1 billion was a big deal. But the shine that a so-called unicorn rating lent to a startup eroded as more and more private companies hit the threshold — often with less and less to back it up.

ukbusinessupdates.com, where the term “unicorn” was born, noted the dilution of the denomination by instead collecting notes on startups that had hit $100 million in revenue, often measured in the form of annual recurring revenue, or ARR.


The Exchange explores startups, markets and money.

Read it every morning on ukbusinessupdates.com+ or get The Exchange’s newsletter every Saturday.


That project was continued by a venture capital firm, which dubbed startups that, for obvious reasons, reached nine-figure “centaurs” revenue. The refocus was helpful, as there was more to learn from startups that hit $100 million in revenue than those with a $1 billion valuation.

But what about former startups that achieve 10 figures of revenue? What can we learn from them?

Friends and family capital (multi-stage, usually targeting companies with 8 digit revenue growth of 80% or more) performed an interesting analysis from private companies who wanted to find out. Friends & Family compiled its findings in a report I recently digested. ukbusinessupdates.com also spoke with the company’s John Fogelsong and Colin Anderson about what they learned from the data.

The result is a series of notes about startups that don’t stop at $10 million or $50 million in revenue before selling to a larger company. This is how the largest companies in the private market got there.

Where winners spend

Shreya Christinahttps://ukbusinessupdates.com
Shreya has been with ukbusinessupdates.com for 3 years, writing copy for client websites, blog posts, EDMs and other mediums to engage readers and encourage action. By collaborating with clients, our SEO manager and the wider ukbusinessupdates.com team, Shreya seeks to understand an audience before creating memorable, persuasive copy.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

The rise of the virtual restaurant franchise

No one can deny that the global pandemic has had a profound impact on consumer habits and has changed...

Intel CTO wants developers to build once, run on any GPU

More than two decades ago, the Java programming language, originally developed by Sun Microsystems, offered developers the promise of...

FedEx will bring better news in 2023

One Look at FedEx Corporation's (NYSE: FDX) chart shows it's been a tough year. With the shipping and...

This is why you couldn’t see anything on House of the Dragon

have things dark On House of the Dragon last night when characters stole dragons and other characters made super...
- Advertisement -

GIC backs Indian EV startup Euler Motors with $60 million funding • ukbusinessupdates.com

Euler Motors, an Indian startup that designs and builds electric commercial vehicles, has raised $60 million in a new...

Who is YouTuber Jeremy Jahns? Net worth, girlfriend, Wiki

Jeremy Jahn's Wiki Bio Jeremy Jahns was born in Seattle, Washington State, USA, on May 8, 1981 – his zodiac...

Must read

- Advertisement -

You might also likeRELATED
Recommended to you