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Black Swans!

By Adam Rifkin

Billion dollar startups go by many names, such as black swans and dragons and unicorns.

Sam Altman observes that no one knows which seed companies will become black swans.

Tod Francis agrees. It's impossible to predict which companies will be swans later.

WSJ Unicorns page: http://graphics.wsj.com/billion-dollar-club/

Fortune Unicorns page: http://fortune.com/unicorns/

This Stash Followed By:

nicoleyeary

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Salim Ismail: Success in the Age of the Billion Dollar Startup - The Accelerators - WSJ

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CloudFlare's Woman Cofounder on How She Helped Build a Billion Dollar Tech Company aka a Unicorn - Forbes

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Something interesting is happening. ~Tom Goodwin on Uber, Facebook, Alibaba, and Airbnb

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Instagram sold for 12,000 times what Kodak is worth.

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6% of board seats of unicorn startups are held by women. 60% of unicorns have zero women on their boards. ~Fortune most exclusive boys club

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Welcome To The Unicorn Club: Learning From Billion-Dollar Startups, by Aileen Lee, TechCrunch

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Time to eat some crow. That prediction stunk. ~Nate Silver on Brazil Germany WC 2014 aka "Most Shocking Result in World Cup History"

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The problem with accelerators is that they cannot care too much about any single startup. They play the portfolio game.

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A Black Swan in a Koi Pond

The Black Swan is unpredictable gif

Black Swan (aka Unicorn) Seed Rounds, by Sam Altman

Black Swan Movie Poster