189. How to build a unicorn in 2024

189. How to build a unicorn in 2024

10 years ago Silicon Valley venture capitalist Aileen Lee coined the term "unicorn" to describe a young company valued at over $1 billion.

Back in 2013, there were just 39 unicorns in the US, and Lee's team researched what they did and who ran them. This list informed much of how we thought of successful tech start-ups.

The updated unicorn list has just come out and the differences are startling.

There are now 523 companies on the unicorn list (a 14x increase!).

Listen to this episode to learn:

  • What most unicorn companies do today and who runs them
  • Why there are more non-technical founders running unicorns than ever before
  • What this change means for the tech ecosystem
  • How to make the most of it for founders, investors and the professionals services firms who work with them

Resources mentioned in this episode:

  1. Cowboy Ventures: Welcome Back to the Unicorn Club, 10 Years Later
  2. Tech for Non-Techies podcast: 142. From dentist to tech founder

Take the course:

Tech for Non-Technical Founders

Listen here on Apple Listen here on Spotify

---

We love hearing from our readers and listeners. So if you have questions about the content or working with us, just get in touch on info@techfornontechies.co

Say hi to Sophia on Twitter and follow her on LinkedIn.

Following us on YouTube, Facebook, Instagram and TikTok will make you smarter.

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