Ilya Strebulaev (@ilyastrebulaev) 's Twitter Profile
Ilya Strebulaev

@ilyastrebulaev

Finance Professor at @Stanford. Founder & Director, Venture Capital Initiative at @StanfordGSB. Startup financing, Silicon Valley, corporate innovation

ID: 1475287401178173440

linkhttps://www.linkedin.com/in/ilyavcandpe/ calendar_today27-12-2021 02:08:27

425 Tweet

5,5K Followers

267 Following

Ilya Strebulaev (@ilyastrebulaev) 's Twitter Profile Photo

Computer Science (CS) replaced Engineering as the top grad field for unicorn founders, but was later overtaken by Business degrees. • Pre-2008: Eng (26%), Bus (21%), CS (16%) • 2008-2013: CS (24%), Bus (20%), Eng (15%) • Post-2014: Bus (20%), CS (17%), Eng (16%) #founders

Computer Science (CS) replaced Engineering as the top grad field for unicorn founders, but was later overtaken by Business degrees.

• Pre-2008: Eng (26%), Bus (21%), CS (16%)
• 2008-2013: CS (24%), Bus (20%), Eng (15%)
• Post-2014: Bus (20%), CS (17%), Eng (16%)

#founders
Ilya Strebulaev (@ilyastrebulaev) 's Twitter Profile Photo

1 in 8 #unicorns cancel their #IPO. What happens to them after that? • 25% eventually IPO (e.g., Reddit, Inc. ) • 7% go public via SPAC (e.g., WeWork ) • 50% are acquired/merged (e.g., Adaptive Insights) • 7% are still private (e.g., Cohesity ) • 10% shut down (e.g.,

1 in 8 #unicorns cancel their #IPO. What happens to them after that?

• 25% eventually IPO (e.g., <a href="/Reddit/">Reddit, Inc.</a> )

• 7% go public via SPAC (e.g., <a href="/WeWork/">WeWork</a> )

• 50% are acquired/merged (e.g., Adaptive Insights)

• 7% are still private (e.g., <a href="/Cohesity/">Cohesity</a> )

• 10% shut down (e.g.,
Ilya Strebulaev (@ilyastrebulaev) 's Twitter Profile Photo

Excited to continue sharing insights about the educational backgrounds of #unicorn founders! Cast your vote to see if you guess it right. I'll reveal the findings tomorrow. What have most unicorn #founders studied for their undergraduate degrees recently?

Ilya Strebulaev (@ilyastrebulaev) 's Twitter Profile Photo

Computer Science (CS) has surpassed engineering (Eng) as the most common undergraduate major among #unicorn founders. Pre-2008: Eng 24%, CS 19%. 2008-2014: CS 24%, Eng 18% Post-2014: CS (23%), Eng (17%). Biology, economics and business follow. #founders #startup #education

Computer Science (CS) has surpassed engineering (Eng) as the most common undergraduate major among #unicorn founders.

Pre-2008: Eng 24%, CS 19%.
2008-2014: CS 24%, Eng 18%
Post-2014: CS (23%), Eng (17%). Biology, economics and business follow.

#founders #startup #education
Ilya Strebulaev (@ilyastrebulaev) 's Twitter Profile Photo

How long does it take to reach #unicorn status? On average, it takes 7 years to reach $1B+, but each growth story is different. Altos Labs took 1 year, and Cytek 28. Growth isn’t solely about the right market conditions. What else is at play? Let’s discuss it! #startups #tech

How long does it take to reach #unicorn status? On average, it takes 7 years to reach $1B+, but each growth story is different.
 
Altos Labs took 1 year, and Cytek 28. Growth isn’t solely about the right market conditions. What else is at play? Let’s discuss it!

#startups #tech
Ilya Strebulaev (@ilyastrebulaev) 's Twitter Profile Photo

Does CEO tenure affect post-IPO stock performance? Our research shows no significant difference whether the CEO has been with the company for 7+ years or fewer. Stock returns for IPO and post-IPO investors are similar. Any thoughts on this? 💬 #Unicorns #IPO #Startups #CEO

Does CEO tenure affect post-IPO stock performance? Our research shows no significant difference whether the CEO has been with the company for 7+ years or fewer. Stock returns for IPO and post-IPO investors are similar. Any thoughts on this? 💬

#Unicorns #IPO #Startups #CEO
Ilya Strebulaev (@ilyastrebulaev) 's Twitter Profile Photo

60% of 2,642 US unicorn #founders built a #unicorn on their first try! 25% on 2nd try. 9% on 3rd try. 6% after 4+ tries. #startups #Innovations

60% of 2,642 US unicorn #founders built a #unicorn on their first try!
25% on 2nd try.
9% on 3rd try.
6% after 4+ tries.

#startups #Innovations
Ilya Strebulaev (@ilyastrebulaev) 's Twitter Profile Photo

🚀 Palantir and Yahoo lead in a number of employees who went on to become #unicorn founders, per current employee numbers. Palantir: 3,735 employees, 15 founders; Yahoo!: 8,500 employees, 34 founders. Check Point Software: 6,450 employees, 14 founders. Are you surprised?

🚀 <a href="/PalantirTech/">Palantir</a> and <a href="/Yahoo/">Yahoo</a> lead in a number of employees who went on to become #unicorn founders, per current employee numbers.

Palantir: 3,735 employees, 15 founders; Yahoo!: 8,500 employees, 34 founders. <a href="/CheckPointSW/">Check Point Software</a>: 6,450 employees, 14 founders.

Are you surprised?
Ilya Strebulaev (@ilyastrebulaev) 's Twitter Profile Photo

Does the number of #founders affect a startup’s success? Research shows that #startups with one founder are 38% less likely to become #unicorns, while those with 3-4 founders are 74% more likely to make it. More co-founders bring diverse skills that drive growth! Did you notice

Does the number of #founders affect a startup’s success? Research shows that #startups with one founder are 38% less likely to become #unicorns, while those with 3-4 founders are 74% more likely to make it.
 
More co-founders bring diverse skills that drive growth! Did you notice
Ilya Strebulaev (@ilyastrebulaev) 's Twitter Profile Photo

IT unicorns are more likely to be based in California than healthcare unicorns (56% vs. 45%), while Massachusetts is a stronger hub for healthcare unicorns (15% vs. 6% for IT). New York has 12% of unicorns in each sector. #stanford #stanfordgsb #venturecapital #startups

IT unicorns are more likely to be based in California than healthcare unicorns (56% vs. 45%), while Massachusetts is a stronger hub for healthcare unicorns (15% vs. 6% for IT). New York has 12% of unicorns in each sector.

#stanford #stanfordgsb #venturecapital #startups
Ilya Strebulaev (@ilyastrebulaev) 's Twitter Profile Photo

Founders in their 30s have a 1% higher than average chance of achieving unicorn status. Those in their 20s have a 6% higher chance. Other age groups are less likely: 50s and teens have a 25% lower chance, and 40s have a 17% lower chance. #vc #startups #founders #unicorns

Founders in their 30s have a 1% higher than average chance of achieving unicorn status. Those in their 20s have a 6% higher chance. Other age groups are less likely: 50s and teens have a 25% lower chance, and 40s have a 17% lower chance.

#vc #startups #founders #unicorns
Ilya Strebulaev (@ilyastrebulaev) 's Twitter Profile Photo

What are the three top companies in the number of unicorn #founders who worked there relative to the company’s market cap? #unicorns #startups

Ilya Strebulaev (@ilyastrebulaev) 's Twitter Profile Photo

These companies employed the most people who went on to be unicorn founders, relative to market cap: Teradata: $4.3B, 10 founders HP: $22B, 32 founders Check Point: $18B, 16 founders Others in top 10: Deutsche Bank, Palantir, IBM, Square, PayPal, Goldman Sachs, Citi.

These companies employed the most people who went on to be unicorn founders, relative to market cap:

<a href="/Teradata/">Teradata</a>: $4.3B, 10 founders
<a href="/HP/">HP</a>: $22B, 32 founders
Check Point: $18B, 16 founders

Others in top 10: <a href="/DeutscheBank/">Deutsche Bank</a>, <a href="/PalantirTech/">Palantir</a>, <a href="/IBM/">IBM</a>, <a href="/Square/">Square</a>, <a href="/PayPal/">PayPal</a>, <a href="/GoldmanSachs/">Goldman Sachs</a>, <a href="/Citi/">Citi</a>.
Ilya Strebulaev (@ilyastrebulaev) 's Twitter Profile Photo

🚀 Moving to the US can be a game-changer for startups! Our research shows that Israeli startups are 9x more likely to become unicorns after relocating to the US. Similar trends hold for India (6.5x) and the UK (2.5x). The US truly offers unique advantages for global startups.

🚀 Moving to the US can be a game-changer for startups! Our research shows that Israeli startups are 9x more likely to become unicorns after relocating to the US. Similar trends hold for India (6.5x) and the UK (2.5x).
 
The US truly offers unique advantages for global startups.