Five Myths About Building Billion-Dollar Startups • Hacker News Board

Re: Five Myths About Building Billion-Dollar Startups

#21

Post by rkk3 » Sun, Nov 21, 2021, 7:50 AM UTC

mohanmcgeek wrote: post #20

rkk3 wrote: post #11

Garbage in garbage out. Basing it off of self-reported crowdsourced data (Crunchbase) and is deeply flawed. Paypal doesn't even appear on the list of employers with more than 5 unicorns from ex employees I can name more off the top of my head: Tesla, Spacex, Palantir, Youtube, Linkedin, Yelp, Yammer, Affirm

> I can name more off the top of my head Only spacex here is a unicorn.Everything else has been acquired or listed And the author seems to talk about billion dollar start-ups, not necessarily just unicorns but only in the past decade. Most the PayPal Mafia companies were $1B+ Already in 2000s.

> Only spacex here is a unicorn.Everything else has been acquired or listed

I don't know what your point it, almost every company mentioned in this article has been acquired or listed...

> the author seems to talk about billion dollar start-ups, not necessarily just unicorns but only in the past decade.

They list several companies made in 00's; Mulesoft, Dropbox, Uber, Whatsapp... Qualtrics was made in 2002 almost 2 decades ago.

Re: Five Myths About Building Billion-Dollar Startups

#22

Post by seanhunter » Sun, Nov 21, 2021, 8:49 AM UTC

notaniitian wrote: post #14

Amazing how ex-googlers create the most unicorns. Is there a reason?

I don't know about "the most" unicors, but they have lots of money and lots of contacts so it seems unsurprising.

Re: Five Myths About Building Billion-Dollar Startups

#23

Post by mohanmcgeek » Sun, Nov 21, 2021, 12:19 PM UTC

rkk3 wrote: post #21

mohanmcgeek wrote: post #20

Earlier quoted context omitted.

> I can name more off the top of my head Only spacex here is a unicorn.Everything else has been acquired or listed And the author seems to talk about billion dollar start-ups, not necessarily just unicorns but only in the past decade. Most the PayPal Mafia companies were $1B+ Already in 2000s.

> Only spacex here is a unicorn.Everything else has been acquired or listed I don't know what your point it, almost every company mentioned in this article has been acquired or listed... > the author seems to talk about billion dollar start-ups, not necessarily just unicorns but only in the past decade. They list several companies made in 00's; Mulesoft, Dropbox, Uber, Whatsapp... Qualtrics was made in 2002 almost 2…

> I don't know what your point it

My apologies. Unicorns are supposed to be private companies with $1B+ valuations

Only spacex is private.

Re: Five Myths About Building Billion-Dollar Startups

#24

Post by rkk3 » Sun, Nov 21, 2021, 3:44 PM UTC

mohanmcgeek wrote: post #23

rkk3 wrote: post #21

Earlier quoted context omitted.

> Only spacex here is a unicorn.Everything else has been acquired or listed I don't know what your point it, almost every company mentioned in this article has been acquired or listed... > the author seems to talk about billion dollar start-ups, not necessarily just unicorns but only in the past decade. They list several companies made in 00's; Mulesoft, Dropbox, Uber, Whatsapp... Qualtrics was made in 2002 almost 2…

> I don't know what your point it My apologies. Unicorns are supposed to be private companies with $1B+ valuations Only spacex is private.

Incredibly pedantic. They were at one point in time. The referenced chart was "Employers with more than 5 unicorns produced" it doesn't stop counting because they get aquired.