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As of February 2016, the top 10 unicorns for market capitalization are: Uber, Xiaomi, Airbnb, Palantir, Meituan-Dianping, Snapchat, Didi Kuaidi, Flipkart, and SpaceX. Until 2014, Uber had fewer than 500 employees; today their headcount is around 3,000 people. Unicorns are: Small in size. Narrowly focused.
Although female-founded companies represent a greater percentage of First Round’s investments than the national average — startups with at least one female cofounder account for approximately 18% of new VC-backed new ventures in the U.S. — they were still the minority of investments.
Only a handful of so-called unicorns — companies that have achieved a valuation of over $1 billion in the last 10 years — come from Israel, and only one Israeli firm, Teva, ranks in the world’s 500 largest companies by market capitalization. In 2014, for example, 18 IPOs raised a record-breaking $9.8 We think so.
The myth of Silicon Valley is that venture-funded entrepreneurship is a generalizable model that can be applied to every problem, when in actuality it is a model that was built to commercialize mature technologies for certain markets. Soon after, she and her technicalcofounder also received a grant from Cyclotron Road.
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