Under 1% of unicorns are profiting at scale with true business success despite $1 billion-plus valuations--Bain & Company analysis
Of some 225,000 companies founded during the past 20 years, only around 2,500 have achieved $1 billion market valuations (including public and private businesses).
- Of some 225,000 companies founded during the past 20 years, only around 2,500 have achieved $1 billion market valuations (including public and private businesses).
- And just 15 companies generate more than $1 billion in cash and revenues – a tiny subset of unicorns that have transformed their marketplaces.
- The 15 established and scale insurgent businesses that have achieved this status make up just 0.7% of the total number of unicorns.
- They are focused on rapidly scaling a powerful customer franchise and building a cash generative business that can sustain itself.