Unicorns are those startups who grew so big they surpassed the $1 billion valuations. But even unicorns have their own elite group which graduates from the title startup in several ways. There are 47 graduating startups in the past 2019.
Based on CrunchBase, a big data-based startup analysis platform, we have 47 graduating startups in2019, from the unicorns title. Among them, 16 companies (34 percent) sold their companies through mergers and acquisitions. And 31 companies (64 percent) carried out IPOs.
In addition, the combined corporate value of the 47 companies was $256 billion. The median value of the IPO is $2,419.48 billion. And that of M&A is $2.6 billion.
Even if the company becomes a unicorn, it has more than doubled its corporate value until its founders or investors withdraw their funds.
Biggest graduating startups of 2019
The top five startups that graduated from Unicorns through listing in the order of corporate value are Uber, Rift, Slack, Pinterest and Zoom followed.
Founded in March 2009, Uber went public on the New York Stock Exchange in May 2019. The first time in just a decade, and graduated from the Unicorns. With its revenue based on offering price reached $82.4 billion.
The second place is Rift, a car-sharing company. In March 2019, which is after seven years since its foundation, Rift went public on NASDAQ with a value of $24 billion.
Slack went public on the New York Stock Exchange with $23 billion in June and Pinterest with $12.6 billion in April.
If you look at investors who invested in these 47 unicorn graduates, Tencent topped the list by investing in eight places. Tencent successfully exited after investing in startups such as Rift, Dodo TV, and Maoyan as well as Uber.
The number of unicorns was followed by Goldman Sachs (six), General Atlantic (four), and Sequoia Capital (four), a global financial firm.
In addition, Singapore Investment Authority, Axel Partners, and Capital have succeeded in withdrawing investments after making investments by three each.
