Pre IPO startups are Overrated?
80% of the startups will fail to succeed in a lucrative manner, No IPO or acquisition. Failure Rates VC funded : 75% Series B+ : Startups 80% Unicorns(Billion$ valuation): > 90% The ones which do IPO, C3.ai Robinhood Uber* Lyft* Coupang Compass Poshmark Blend labs Lemonade There are success stories like Roblox, Airbnb etc I feel around 75% IPOs have failed in the recent times, that leaves us with a 5% chance of making big $$ by joining a unicorn. I feel the millionaire success stories on blind have overshadowed the failures and the uncertainties surrounding these companies Learning aside, Isn’t the risk to reward ratio too high for pre ipo companies ? https://nanoglobals.com/startup-failure-rate-myths-origin/
NanoGlobals
C3.ai
Ya series C and later have a very low Chance of failing and when ppl like to join
You look at who backs it and who runs the company. You are using generic data so unless you are randomly applying to startups your chances are lower if you do your homework.
Robinhood is backed by top VC’s, so was C3, blend and lemonade. Even VCs wont have 100% success rate. But I agree that doing some homework one could reduce the risk slightly
Of course nothing is 100%. Common sense. Engineers are so super risk adverse.
Still better than FANG
Learning I agree, if you compare all the IPOs in the last couple years on avg FANG stocks might have outperformed them
Plus faster pace and career growth. Why not stay at start up then back to FANG with L6+ offer.
Blind makes it worse by extreme group think dumbness. Case in point: stripe, databricks. The amount of hype these companies gets is insane.
Thoughts on sprout social?
What is this post? The earlier the startup, the more risk - this is common sense. Plenty of startups have lucrative exits whether it's via an IPO or it's acquired. I'm not saying it's "common" but it's certainly not as rare as you're making it out to be. There are plenty that do well that you've probably never heard of. If you want to be safe join a Series C/D or even later stage company and ride until IPO.
So what do you think the success rate is ? I am putting it at 5 based on my research, comment if you have something solid backed by numbers
Op if everyone thought with your mentality new products would never be created and ppl wouldn't be able to become rich and found large companies
Eighty-six Bay Area companies have now gone public in 2021 with more still to come before the year closes.
C3 AI gone too far 😂
They’re overrated if you don’t believe in the mission and just want a payout. Don’t ever chase imaginary money and dilution is real.
80% of what tho If we look at series B+ funded by big name VC pre IPOs maybe it's better odds
80% is for series B+, series A is pointless, at that point it’s still a handful of founding members