AS OF 2017, there are 197 one billion-dollar minimum-valuation unicorns in the world, one of which is Indonesia’s Go-Jek. While much attention is on these well-funded game changers, there are many “invisible” unicorns, so-called because they have reached $1 billion plus valuations with little or no VC or other external funding. They are the true definition of bootstrappers. Most of these invisible unicorns prefer to stay under the radar and continue to quietly disrupt business as usual in their chosen sectors. Who are they? How could they bootstrap and grow without any VC help?
Among the invisible unicorns who have done just fine without VC funding: Craigslist ($694 million annual revenue), Scentsy ($545 million), MailChimp ($400 million), Tough Mudder ($100 million), and SparkFun ($32 million). Used car listing site CarGurus went right to IPO, getting a $3 billion market valuation, without VC funding. Dating site Plenty of Fish was acquired by Match.com for $575 million. The most impressive of all was online education giant Lynda. com, which was acquired by LinkedIn for $1.5 billion.
Denne historien er fra May 2018-utgaven av Forbes Indonesia.
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Denne historien er fra May 2018-utgaven av Forbes Indonesia.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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BACK ON TRACK
Collective wealth gets a 21% boost to a record $162 billion amid an economic uptick.
Championing Locals
The wave of social commerce is enabling inclusive digital economies beyond urban areas.
Boys in the Bubble
Startups are supposed to specialize, but OPENSEA’s founders thrived by building a wide-open market for creating and trading all manner of NFTs, whether art, music or gaming. Now that they’re centimillionaires and poised to become billionaires, they have other worries: competitors, fraudsters and the next crypto crash.
Enduring Relations
The implementation of IA-CEPA amid the pandemic signifies the Indonesia-Australia’s commitment to recover and counter future challenges together.
Sweet Success
Steven Erwin envisions Unifam to become a major global player in the confectionery and F&B industry.
Marathon Man
Across America, scores of municipal pension funds remain scandalously underfunded. But not the pension fund of Tampa’s police and firemen, thanks in large part to JAY BOWEN, whose no-frills approach to stock picking has protected and served them for more than 45 years.
Gold Rallies on Inflation Fears
During September the price of gold rallied to $1,868 per ounce following the release of figures on US inflation by the Bureau of Labor Statistics which indicated that, as of September, CPI inflation had rocketed to 6.2%, above the 5.8% which economists had been predicting.
Set Off to A New Start
Bank Aladin has two main ingredients for success: establish trust and offer better customer experiences.
The Daily Intake
YOUVIT plans to invest further into marketing and grow into one of the leading vitamin brands in Indonesia.
THE CROESUS OF CRYPTO
FTX COFOUNDER SAM BANKMAN-FRIED BUILT A $22.5 BILLION FORTUNE BEFORE HIS 30TH BIRTHDAY BY PROFITING OFF THE CRYPTOCURRENCY FRENZY—BUT HE’S NOT A TRUE BELIEVER. HE JUST WANTS HIS WEALTH TO SURVIVE LONG ENOUGH TO GIVE IT ALL AWAY.
