Unicorns

  • We analyzed over 2,600 seed-stage startup investments made on AngelList dating back to 2013 to determine the likelihood of any startup achieving unicorn status today.
  • The answer – 1 in 40 shot or 2.5%.
  • A 2018 study put that number at slightly more than 1%.
  • One reason for the increase is the pictured chart –  “The first quarter of 2021 was the “best quarter ever” for early-stage startups in terms of rates of markups and positive exits. Just over 85% of the events reported by startups on AngelList during that period were positive ones—an increase of 5% from just one quarter before.
  • Source.
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