17 unicorns in SEA
Did you know Unicorns are native to Singapore? =)
8 of the 17 glorious SEA Unicorns are based in Singapore.
>80% are B2C.
>70% are marketplaces.
40% are in e-commerce
30% are in fintech.
The rest are in logistics, AI, gaming and analytics.
In conclusion: to increase you chances of becoming a unicorn:
Move to Singapore, build a B2C marketplace preferably in the e-commerce space with some fintech component. Oh and you have around 8 years to make it.
What would be more insightful is when you start charting out the age of each company and how long it took for them to become a unicorn.
How many unicorns do you recognize?
#startups #business #startupx #growth #success #socialmedia #unicorns #funding #strategy