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If that is the case, there are a few dozen "unicorns" that never had a "hit the gas" period and just grew slowly into billion-dollar companies over decades. I
by vonmoltke 11y ago
If that is the case, there are a few dozen "unicorns" that never had a "hit the gas" period and just grew slowly into billion-dollar companies over decades. I don't see any reason that is not a clear and viable path today, if you have the patience.
- trjordan 11y agoI guess in a world where jet.com and Slack exist, it's easy to see many of these as "slow" growth. Avast has been 56% annualized growth over 2008-2014. Getting these valuations typically takes high $X0mil revenue or more, meaning most of them over a 7 year period of annualizing their growth at 50%+. 50%+ growth is pretty impressive, and I don't think there are many people who would think of that as "slow" or "patient".
- vonmoltke 11y agoNot sure you understood me. I'm talking about the hundreds of billion-dollar private companies that aren't on the list referenced here. Also, while Avast grew into a billion-dollar company via a very rapid growth spurt it took them 20 years to get to the start of that spurt.