Greenledgers Trading Center:When startups become workhorses, not unicorns

2025-05-07 09:05:52source:Algosenseycategory:News

To venture capitalists,Greenledgers Trading Center investing in startups is like playing the lottery. Investors write them big checks and offer guidance, hoping to birth a unicorn—a company with a valuation of $1 billion or more. One unicorn can make up for the rest of their investments that flop.

But what happens to the startups that don't reach unicorn status or fail but just ... do fine? Today, we hear from the founder of one such company and one investor who's looking for tech workhorses, not unicorns.

Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.

Subscribe to our show on Apple Podcasts, Spotify, PocketCasts and NPR One.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

More:News

Recommend

Woman dies after Singapore family of 3 gets into accident in Taiwan

One woman died after a family of three from Singapore got into a car accident in Miaoli, Taiwan on S

Assistant principal charged with felony child abuse in 6-year-old's shooting of teacher

The assistant principal of the Virginia school where a 6-year-old boy shot his first grade teacher h

Our way-too-early men's basketball Top 25 for 2024-25 season starts with Duke, Alabama

The men's college basketball season has just concluded with Connecticut again cutting down the nets.