Posted on Wednesday, Dec 18th 2024
I have been running 1Mby1M since 2010.
Each year is a new beginning.
Let’s start 2025 right!
A startup always aims for Acceleration. Especially a startup that aims to be funded.
VCs want to invest in startups that can go from zero to $100 million in revenue in 5 to 7 years.
Startups that do not have what it takes to achieve that velocity should not be venture funded.
Experienced VCs, over time, have developed heuristics to gauge what constitutes a high growth venture investment thesis.
However, 9 out of 10 venture-funded startups do not attain the kind of velocity that yields Unicorn valuation.
The vast majority of these funded ventures are not accelerating.
As of December 2023, 54,000 venture-funded startups exist in the United States alone. Globally, the number is closer to 75,000. In addition, there are 7000 incubators and 3000 accelerators in the world that have offered some funding to startups. Across all these categories, the number of funded startups is …