The startup industry is a big part of the world economy. Startups are responsible for thousands of new jobs, economic development and are great sources of innovation. If you are an active part of the startup ecosystem, you probably know what we are talking about.
But how much do you really know about the global startup ecosystem? We tested 2 of our managers on their entrepreneurial knowledge and their responses were epic.
In summary, here are 8 facts about entrepreneurship that you need to know:
Fact #1: Less than half of the founders (48%) of founders stays as CEOs. About 52% of founding startup CEOs were removed from their positions by the third round of company funding.
Fact #2: 3 new startups launch globally every second, making up for 11.000 per hour, or 25,9200 per day! In the U.S alone, that number is much lower and usually averages at 3 per minute.
Fact #3: Only 6% of unicorns were founded by women. 94% of the founders of billion-dollar startups are men.
Fact #4: As of this writing, there are currently a total of 174 unicorns globally. As far as we know, that’s 174 more unicorn startups than actual unicorn in existence.
Fact #5: USA, India and UK are the 3 countries with the most startups. While the United States boasts the most startups in 2015, India is not far behind with 2 million. The United Kingdom is a distant third at 845,000 startups.
Fact #6: Uber is the most valuable startup in the world, and has an estimated value of $62.5 billion.
Fact #7: The second biggest acquisition in the startup history was Google’s buyout of Motorola at $12.5 billion.
Fact #8: The percentage of female founders in Portugal is 5.1%.
Now, we challenge you to apply for EIT Digital Venture Program and enable yourself to:
Develop your Minimum Viable Product;
Establish your deep tech venture;
Get business development support from top international experts;
Find a first investor;
Join Europe's leading innovation ecosystem.
Are you up to the challenge? Find out more and apply here.
Also read: 4 key trends for food sustainability in 2021