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The EnplugEmails series on my blog are real emails that I’ve sent to my teammates at Enplug. I’m sharing some of these emails because I thought they might be useful to other startup founders. Here’s the latest one:
Subject line: The New Unicorns of 2014
The list of all the private companies that reached $1 billion valuations in 2014 was published on VentureBeat today. Thanks, Jessie, for sharing it with me.
There were 17 companies in total this year that reached the milestone. Investors call these companies “Unicorns” because of how rare they are. Thousands of startups are founded each year and only 17 hit a billion this year. And one is a customer!
I wanted to learn more about these companies and benchmark Enplug because we’re striving to be a Billion too. I took some notes- shared with you below. Here is my key takeaway:
Average time it…
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Once upon a time there was Bitcoin and nothing else. History was being written by Satoshi and a few illuminated minds that posted the most interesting ideas in the Bitcointalk forums and IRC channels. Almost every cryptocurrency idea I’ve heard of had a seed in some of these heated online discussions. During 2009 improving every part of Bitcoin seemed to at the reach of the hand: changing the scripting system, the proof-of-work function, the block format and more. Then the conservative era begun: Bitcoin value had risen considerably and much more money was at stake. So there was no room for destabilizing changes anymore. During 2010 ideas were still discussed, but not implemented. But as powerful ideas cannot be contained so during 2011 alt-coins came into existence. Apart from Namecoin , which was something different than a mere cryptocurrency, the first alt-coin code changes were all minor; only the economic…
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