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Start ups chance of extreme success

broken image

The above is an image of the radarequipment on top of the ferry between Tangiers, Morocco and Tarifa, Spain that I took a few years ago. You would not have guessed.

You probably will also not be able to guess the right percentage of start up companies that become a unicorn, with a valuantion of 1 billion dollars. There are a few companies that make it to become unicorns like Snap that recently went public. There are a few investors that made hundreds of millions in revenue, investing a small percentage of that. Still, the majority of start up companies don't reach that level of success. Only 0,2% of American VC backed start ups became a Unicorn, 30, according to DowJones Venture Source