Startups
What is a startup?
a company that's in the initial stages of business
Nec temere, nec timide
Appleby College
What is the most common transaction (globally)
Cash Transaction
What is the success rate for new startups?
10%
the most magical place on Earth
Walt Disney World
What is the difference between profit and revenue
Profit = Total sales - total expenses
On average, how long does it take a business to be profitable?
2-3 years
food with integrity
Chipotle
How many brands are under Unilever?
400
What is the term that we use to describe "an individual who provides initial seed money for startup businesses, usually in exchange for ownership equity in the company."
Angel Investors
Do the right thing
Alphabet/Google
Name 3 successful female CEO and their companies
Mary Barra - General Motors
Karen S. Lynch - CVS
Rihanna - Fenty Beauty
Lidiane Jones - Slack
What is a term that describes "a privately held startup company valued at over US$1 billion"
Unicorn
The Best or Nothing
Mercedes-Benz
Satetes 2 of the requirements a company must satisfy in order to go public through an initial public offering (IPO)
- Some underwriters require revenues of $10 million to $20 million per year with profits of around $1 million. -- Proof for future growth rates of about 25% per year in a 5 to7 year span.
- The company should be one of the top players in the industry.
- audited financials (certified by CPA)
- Low debt-to-equity ratio