Again, this has become my personal blog and does not reflect the views of any of our family of companies. I am going to place just for fun some facts that should be interesting based on meeting some investors that did really rounds in Unicorns (Robinhood and another in Carta). These investors worked hard to find a good deal and with a little luck, their Unicorn will have an exit.
My bastardized proverb is “hard work increase your luck” and my provocative statement is all “Unicorn requires a little work or magic to make them work.”
Remember: “Saying provocative statements that intelligent people argue about fast without dotting your I’s and crossing your T’s can produce great ideas.” – JD Morris
My Crystal ball does not show me the answer for Robinhood or Carta, but I believe Guild Education has a high probability with the right backers (i.e. needs Softbank) to become a dragon for some investors. From Forbes:
The education software startup Guild Education announced today the close of its $157 million Series D round, making it one of the few female-led companies to join the elusive unicorn club this year.
The funding round was led by former American Express CEO Ken Chenault through the venture firm General Catalyst, and was joined by Laurene Powell Jobs’ Emerson Collective, Iconiq Capital and Lead Edge Capital.
BOTTOMLINE: The educational space has many success stories, but lots of failures due to the size and players of the industry. Guilded Education will need to acquire companies just like Facebook and Google to be a market leader with a strong IPO exit. WeWorks had an easy model to beat Regus (aka IWG plc today), but history shows you need a lot of luck and hard work to succeed in any market place.
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DISCLOSURE: The views and ideas of this blog posting are for fun with the idea that “saying provocative statements that intelligent people argue about fast without dotting your I’s and crossing your T’s will result in creative ideas.” They do not reflect the view and ideas of any company or organization as the goal is creating ideas and thinking.
Happy Networking and Investing,
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