Privilege Wins: Super Founders: What Data Reveals About Billion-Dollar Startups
** Privilege Wins ** Why yes, I too would like to found a billion dollar company. So what does the data reveal about the best way to a billion dollar valuation? ** Be privileged. ** First, come from a top tier university: *On average, founder of billion dollar startups came from higher ranking schools than average startups. median ranking of startup founder’s universities was 27, compared to 74 for the random group. * Second, work at a top tier company: * Among founders that had worked for another company before, 60% came from top tier companies. * Finally, get funding from a top tier VC firm: * Around 60% of billion dollar startups had raised their venture capital from tier 1 brand names like Sequoia. * In hindsight, none of this should have been surprising, but it was sad to find few other elements of proactive advice for would-be startup founders. ...