In response to yesterday's infographic illustrating how we've launched 415 companies in just 2.5 years, we have received a ton of requests to divulge more data about the program. Well, ask and you shall receive.
As previously reported, we have graduated 483 founders, helping to launch 415 companies. As a measure of success, 79% of these companies are either operating on or ahead of schedule after the first year, while 21% are either in the process of a pivot, or dormant. This is close to inverse of the average, where approximately 90% of startups fail within the first year.
Here's some more data about our 415 companies:
- 21% have a female founder
- They have created ~2,000 jobs
- ~40% of are funded (>$30 MM in outside funding secured)
- Geographic Breakdown:
- US: 74% (307)
- Europe: 15% (61)
- Asia: 40, or 9% (40)
- South America: 2% (7)
- Business Category Breakdown:
- Digital Media / Content: 9%
- E-commerce / Retail: 11%
- Games / Entertainment: 7%
- Internet / B2C: 19%
- Mobile / Wireless: 9%
- Social Networking / Community: 7%
- Software / B2B: 14%
- Other (BioTech/health,financial services, education, travel, etc.): 24%
- Applicant Breakdown
- 4,780 total applicants to the program
- ~25% global acceptance rate
- ~40% global graduation rate
- 49 operated semesters spanning 20 existing locations: Silicon Valley, San Francisco, Seattle, Los Angeles, San Diego, Denver, Houston, Chicago, Boston, New York, Washington DC, Santiago, Bogota, Paris, Brussels, Amsterdam, Berlin, Singapore, Jakarta, and Hanoi
- 75+ potential new locations, many of which will be announced shortly (hint: Sydney)
