Learnings to date about the “Unicorn Club”:
We found 39 companies belong to what we call the “Unicorn Club” (by our definition, U.S.-based software companies started since 2003 and valued at over $1 billion by public or private market investors). That’s about .07 percent of venture-backed consumer and enterprise software startups.
On average, four unicorns were born per year in the past decade, with Facebook being the breakout “super-unicorn” (worth >$100...
