6 best practices and lessons learned from successful unicorn IPOs


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The Greeks and Romans formerly characterized unicorns as quick and light on their hooves, with a horn that merchants and investors highly valued. It is a description that may also help today’s unicorn enterprises. These privately owned businesses have been in operation for less than ten years. Nonetheless, they have already surpassed the $1 billion mark. They’ve done it most frequently by becoming disruptors, flipping marketplaces or whole sectors on their heads.

Each creator’s and company’s route to unicorn status is unique. Still, they all ultimately reach an exciting but challenging milestone: the point at which the entrepreneur must assess the company’s fundraising and exit possibilities.

We live in a society where we turn to our cell phones for all these things and more:

  • Grocery shopping.
  • Replying to work emails.
  • Checking up with friends.
  • Reading the news.

Since the industrial revolution, technology has been heralded as a game-changer for human civilization and so unicorn IPOs.

As we emerge from the epidemic, the Indian technology pre unicorn startups ecosystem continues to develop. It is due to increased digitization and tech adoption.

There is no better location than India to discover the most visible proof of this tsunami, in the shape of unicorn IPOs boom that features a fantastic line-up of stock market debuts that have sparked enormous interest among investors.

What are a unicorn startup and an IPO?

A unicorn is a privately owned startup firm with a more than $1 billion valuation. It’s popular in the venture capital sector. Aileen Lee, a venture investor, popularized the phrase. Unicorns are very uncommon and need creativity. Because of their scale, unicorn IPOs investors are often private investors or venture capitalists, putting them out of reach for regular investors. 

What exactly is pre-seed funding?

Pre seed funding is often the first level of fundraising, preceding seed investment and future phases. During this stage, investors offer funds to entrepreneurs in return for stock to begin developing goods. This stage may follow previous financing phases, such as bootstrapping using personal cash from the firm owner or first angel investment rounds.

Pre seed funding generally entails investing in a concept since goods are often not yet built, and firms may have nothing more than a prototype.

6 best practices and lessons learned from successful unicorn IPOs

A unicorn firm is a rapidly expanding top startups unicorns valued at $1 billion that has yet to go public. Many believe unicorns achieve this feat via sheer luck or by being at the right place and time. 

1. Be Aware of Your Environment

With over 500 unicorns today, investors are clamoring for a piece of the action. But what is it about unicorns that makes them so appealing? How did they achieve such rapid success?

We can uncover answers to these (and other) issues years before most entrepreneurs even name their firms. Any entrepreneur who has received venture capital (VC) investment will tell you that knowing your industry through and out is critical. No sales deck can compensate for lack of industry understanding. You must be aware of your surroundings.

This strategy does not require substantial experience in your sector, but it does help. Knowing your market means you live, sleep, and breathe it. It has an ebb and flows to it, and you’re aware of it. You foresee waves and expect dips. You understand how Wall Street reacts to your market and the psychology underlying your consumers’ behaviors. Nothing in your field is a mystery or a mystery to you.

2. Dream Big Unicorn entrepreneurs are often recognized as doers. 

They take action and make risky decisions. Risks and probable failure do not deter them from pursuing their objectives. 

Consider Elon Musk and the crowds of people who follow his every move. He established X.com (now known as PayPal) and co-founded SpaceX and Tesla Inc., to mention a few. It’s fair to assume he fantasizes about all-electric automobiles, space tourism, and living on Mars — all of which are out-of-the-box ideas.

Dreaming big frequently entails blocking out the doubters and tuning out the critics. Of course, wisdom instructs us not to dismiss every negative comment, yet, creativity and imagination flourish best when they are tempered by sensible guidance. Every unicorn creator checks to dream big and take calculated risks off their to-do list.

3. Strategically Market to Your Audience

It’s more complex than buying a few social media advertisements and calling it a day when defining your target demographic. It’s more complicated than that. Companies can only afford to target some people. Therefore, it’s critical to focus on your ideal consumer. Who exactly are they? What websites do they frequent? How do you target them with your marketing efforts?

Unicorn entrepreneurs would advise you to reach out to your target audience using the correct means. These channels will, of course, change regularly as new and more popular platforms become available. However, this marketing effort comes down to getting to know your target audience – and locating them online.

What kinds of goods and services do your present consumers like? How might such goods and services be tailored to a more specific audience? 

4. Challenge Customer Service Traditions

Many believe unicorns use cutting-edge technology to attract as many clients as they do. The fact is that these thriving businesses need to do something groundbreaking. More than anything, unicorns engage consumers in ways no one else has.

Consider Uber and how simple it is for its clients to request a ride and make a payment. It just takes one smartphone button to remedy a customer’s issue.

Unicorn firms make such an impression because they reimagine conventional customer service in the digital age. This fresh twist has not revolutionized traditional customer service. Instead, it focuses on providing clients with a unified digital experience.

5. Pick Your Team Wisely

Elon Musk has been turned down for several roles due to his “inexperience.” It isn’t easy to fathom right now, but everyone has to start somewhere. Investors prefer this experience because they recognize that people who have gone through a fundraising round or two tend to be wiser than first-timers.

Beyond Series A, a management team is essential for investors to consider when deciding whether to invest. They recognize that it takes more than effort and all-nighters to create and nurture a consumer. Consequently, obtaining investors’ confidence necessitates carefully selecting members of your staff.

6. Constantly network

Knowing important investors (and eventually earning unicorn status) is part of what ties you to them. Professional ties are significant, which is why networking is essential.

Several network methods range from personal ties to cold emails or phone calls. The most crucial component of developing relationships is keeping those ties. Some entrepreneurs only communicate with their investors when they need to discuss money. However, most investors have been around the block once or twice, so they have a wealth of helpful knowledge.

Begin by networking with investors who finance other pre unicorn startups in your field. Although it may be the funding you want, keep in mind that investors have much more to give than just cash. The more valuable your work connections are, the more you invest in your future.

Bottom Line

Keep these helpful hints in mind while you expand your business. Although there is no fast remedy for success, intelligent decisions may significantly impact your future. Understanding the specifics of what coverage your firm need might take time and effort.

By Michael Caine

Meet Michael Caine, a versatile author hailing from the tech-savvy landscapes of the USA. With a passion for innovation, he navigates the digital realm with his insightful perspectives on technology, gaming, and niche topics. Michael's writing transcends boundaries, seamlessly blending in-depth tech analysis with a keen understanding of the gaming world. His engaging content resonates with readers seeking a blend of cutting-edge insights and a touch of Americana. Explore the digital frontier through Michael Caine's lens as he unveils the latest trends and thought-provoking narratives in the ever-evolving world of technology and beyond.

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