(MENAFN- ValueWalk)
Q2 2021 hedge fund letters, conferences and more
This Tiger grand-cub was flat during Q2 but is ready for the return of volatility
Tiger Legatus Master Fund was up 0.1% net for the second quarter, compared to the MSCI World Index's 7.9% return and the S&P 500's 8.5% gain. For the first half of the year, Tiger Legatus is up 9%, while the MSCI World Index has gained 13.3%, and the S&P has returned 15.3%. Q2 2021 hedge Read More
Interested in finding out more about these businesses, Money.co.uk set out to find out which countries, and sectors, produce the start-ups that reach a $1 billion valuation fastest by analysing every unicorn company's start date and the date of its $1 billion valuation.
USA: The Fourth Best Country For Unicorn Start-Ups
Money.co.uk can reveal that the USA is the joint fourth best country in the world for unicorn start-ups. With 378 businesses currently valued at over $1 billion, it has taken Japan's unicorn businesses an average of 6 years and 11 months to reach the valuation of $1 billion.
For more information about the USA's unicorn businesses, please see the spreadsheet in the Dropbox folder linked below titled 'Money.co.uk Unicorn Businesses – Countries'.
Countries Overview:
| Country | Total number of unicorn companies | Average years taken to reach $1B |
#1 | China | 155 | 5 years, 10 months |
#2 | Hong Kong | 5 | 6 years, 1 month |
#3 | Japan | 6 | 6 years, 3 months |
=#4 | USA | 378 | 6 years, 11 months |
=#4 | Singapore | 6 | 6 years, 11 months |
=#4 | Australia | 6 | 6 years, 11 months |
#7 | Israel | 17 | 7 years, 3 months |
#8 | France | 16 | 8 years, 3 months |
#9 | UK | 31 | 8 years, 7 months |
#10 | India | 34 | 8 years, 9 months |
#11 | Brazil | 12 | 8 years, 10 months |
#12 | Canada | 12 | 10 years, 9 months |
#13 | South Korea | 10 | 10 years, 10 months |
#14 | Germany | 16 | 11 years, 5 months |
#15 | Switzerland | 5 | 14 years, 11 months |
China Leads The World Of Unicorn Start-Ups
The country that produces the start-ups which reach a $1 billion valuation fastest is China , with its 155 unicorn companies taking an average of just 5 years and 10 months to reach $1 billion.
The second fastest country for unicorn businesses to reach $1 billion is Hong Kong , whose businesses take an average of 6 years and 1 month , followed by Japan's which take an average of 6 years and 3 months .
Fourth spot is taken by the USA , Singapore , and Australia , whose unicorn companies all took an average of 6 years and 11 months to reach $1 billion.
The country that produces the most unicorn businesses is the USA (378 businesses), followed by China (155), and India (34).
Sectors Overview:
| Sector | Total number of unicorn companies | Average years taken to reach $1B |
#1 | Auto & Transportation | 31 | 4 years, 5 months |
#2 | Artificial Intelligence | 62 | 5 years, 6 months |
#3 | Hardware | 27 | 5 years, 7 months |
=#4 | Mobile & Telecommunications | 35 | 6 years, 4 months |
=#4 | E-Commerce & Direct-to-Consumer | 82 | 6 years, 4 months |
=#6 | Supply Chain, Logistics & Delivery | 42 | 6 years, 11 months |
=#6 | Cybersecurity | 30 | 6 years, 11 months |
MENAFN05082021005205011743ID1102570650
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.