VC Batting Average – Number of Unicorns Divided by VC-Backed Companies
Companies founded in 1996 & 2005 had a high
likelihood & those founded in 2000 & 2001 had a low
likelihood to become a Unicorn (so far)
3.50%
Since 2010, VC batting
average appears low as
we expect several more
Unicorns to be “minted”
in the coming years
3.00%
2.50%
2.00%
1.50%
1.00%
0.50%
Source: NVCA, PitchBook, Dow Jones Venture Source, SharesPost Research
REPRINTED WITH PERMISSION FROM SHARESPOST
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
1996
0.00%