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Every entrepreneur dreams that their business will be one of the ones that make it big. For a few very lucky start-up founders, this dream has become a reality and their ventures have truly hit the big leagues by earning a coveted spot in the so-called Unicorn Club. This is a very small number of privately held start-ups that are now valued at a billion dollars or more. Many of the big names will be very familiar to you, with household names like Uber, Airbnb, Pinterest, and Reddit all part of this exclusive club.

In this article, we’re going to look at the secrets to billion dollar startup success. What do these companies have in common – and what don’t they? How can another business replicate their success? Keep reading to find out…

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Entrepreneurs - What people think you do
   
Credit: Rubin

 

A few days ago someone posted a question on Quora:  Chief Executive Officers: Who is the greatest living CEO?

One of the answers (unusually, posted by an anonymous member), simply posted the following chart:

Originally cited in a 2010 ZDNet article, it is a thought provoking  illustration.   On the surface it seems to scream “aha – look how much better Bill Gates was, than Steve Ballmer.”   But the reality is a lot more complicated than this simplistic observation:

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The graphic below is more than a mere statistics display. Click – it is a “living” graphic of the state of the internet (and many different aspects) – constantly updated.

 

State of the Internet 2011