Tuesday, February 18, 2014

The B Word – What Does It Take to Raise a Financing Round at a Billion Dollar Valuation?

"77% of the Billion-dollar Start-ups are Based in California and Primarily in Silicon Valley."

February 7, 2014 (CB Insights) -- On average, unicorns-in-training, take five rounds of financing and over $200M in aggregate financing before hitting the billion dollar valuation threshhold. Among VCs, Sequoia Capital leads the way having invested in 10 companies in the billion-dollar startup club globally.

Raising financing at a billion-dollar plus valuation has gotten a lot more common. With corporations, hedge funds and mutual funds increasingly investing in private tech companies along with VCs, the hunt for unicorns is on in a big way.  As a friendly reminder, most VCs are not very good at identifying unicorns, but that’s a story for another day.

In this analysis, we wanted to look at billion dollar financing valuations and what it takes to get there.

Read more here...

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