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E41: Unicorn Companies, Venture Capital Landscape, and Executive Hiring Insights

Jan 28, 2024
Diving into the late-stage tech market, this podcast discusses trends in unicorn companies and venture capital, while emphasizing the importance of profitability. The hosts also explore the concept of 'stage appropriateness' in executive hiring and share insights on effectively communicating company valuation and equity to employees. Stories about unconventional board meetings, personal experiences with poker, and discussions on exit strategies add entertainment and variety to the episode.
01:04:30

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Quick takeaways

  • Unicorn companies have been growing at a rate of 30% year over year, aligning with the growth in compute capability.
  • Companies should prioritize profitability first and growth second, aiming to achieve profitability regardless of size.

Deep dives

Unicorn Growth and Future Projections

The podcast episode discusses the growth of unicorns over the past 10 years, correlating it with the growth in computer power. Unicorns have been growing at a rate of 30% year over year, which aligns with the growth in compute capability. The podcast also projects that by 2033, there will be around 1400 unicorns in the US alone.

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