So only about 400 startups of the 1100 that they tracked that took VC funding ended up with a status of "not dead yet". About 25 were wildly successful exits.

So only about 400 startups of the 1100 that they tracked that took VC funding ended up with a status of "not dead yet". About 25 were wildly successful exits. So, the raw odds of being the co-founder of a VC raising startup (using USA population) are about 1 in 150,000. That's actually pretty decent odds. The chance of being the co-founder of a relatively successful VC funded startup are 1 in 412,500. The chance for being a unicorn cofounder? 1 in 7,500,000. Of course, these statistics should be weighted for ethnic, race, education, family backgrounds etc. There are more white/asian male CEOs than black female CEOs for example, which is a tragic and depressing reality. For context, the chance of turning $10,000 into $3,500,000 through a private arrangement with a casino is about 1 in 36.