I thought it might be useful and interesting to establish a blog post that tracks and reports on general statistics relating to startups. Thus, this blog post will be a living post with statistics as we come across them:
- A successful startup takes 5 years or 20,000 man hours.
- 2 out of 1000 startups that get funded reach a market cap of $200mm.
- It takes 3 years for a startup to reach a sufficient level of education to achieve success.
- Investors estimate 1 in 10 of their portfolio companies will achieve success (known as the Tenfer).
(If you have any stats to share, we'd love to add them and give you credit.