STARTUPS & TECH

Building value takes time: 7.5 years. That is the median length of time in business for the 37 companies listed here. (Note that this number is not the median time that it took companies to reach a $1 billion valuation.) Interestingly enough, if only looking at the bottom 15 companies in the list (each with a $1 billion valuation), the median length of time is also 7.5 years! While it is a very small data set, it helps remind us that even under great circumstances, it takes a considerable amount of time to build a company with a valuation greater than $1 billion.