Billion-dollar startups raise founding rounds at a faster cadence

The median billion-dollar startup raised its first round of funding just six months after founding and its second round in less than two years from founding.

Compared to the random group of venture-backed companies, the differences are significant: the median random company took one year from founding to raise its first round, and four years from founding to raise its second round.

This is one of the many passages I read in books and articles on a daily basis. They span many disciplines, including art, artificial intelligence, automation, behavioral economics, cloud computing, cognitive psychology, enterprise management, finance, leadership, marketing, neuroscience, startups, and venture capital.

I occasionally add a personal note to them.

The whole collection is available here.