cloud network hunting July 16

hunting cloud network (note: the so-called “unicorn company” refers to the latest round of financing more than $1 billion valuation of start-ups, among the “unicorn club”, is the dream of all entrepreneurs. But not of entrepreneurs do you want to go to work “unicorn”? Before making a decision must want to know your first pursuit of what is. Before the enterprise decided to enter the “unicorn”, you should know these things.

now reading tech news or around Twitter is difficult to have not to mention the “unicorn” class technology start-ups, and at present the “group” has more than 100 enterprises.

a large part of these enterprises are in legal cases grow rapidly, with Slack, Zenefits and Uber, for example, they are in an unprecedented development speed, the founder, employees and investors are the proud of the achievements obtained.

but if you simply decided to join any of an enterprise, is not necessarily wise.

choose working in start-ups rather than a more comfortable and better paid jobs is the main reason for the company’s shares and development potential. The right in the enterprise can succeed in a piece of the feeling grew rapidly career trajectory, gain scale expansion and business development experience, and these experiences can be used on their own business in the future.

but if the chosen the wrong will fall into another.

if you urgently want to work in a start-up that joined the unicorn, enterprises must pay attention to the two main problems.

problem a: future development potential

when it comes to valuation, history is very useful. To see is a bubble economy or not, but now a lot of start-ups are too high valuation, if you think the valuation will answer “down-to-earth”, that these are exaggerated estimates of the “unicorn” companies will need many years of operation to conform to the state of the valuation, which means you have to wait for several years to see their stock appreciation.

problem two: liquidation preference

Heidi Roizen, wrote an article about a fictional founder, his “unicorn” enterprise feedback himself or his staff hardly any one dollar, it is a perfect example of lifo method (a type of inventory valuation method). This suggests that if the unicorn company has raised more than $500 million, no less than $500 million in sales in addition to outside investors, no one can get the money. This is only one times of liquidation preference, if your “unicorn” enterprise worse agreed to double the liquidation preference, that your situation will be worse.

if you value is a basic wages or reputation, stability, and the “unicorn” enterprise may is the power of an ideal place for you (with Facebook, Google, for example).

but if you value the growth and development, more so under the valuation of moderate the development of the start-up will be your best choice (these sparse, however, they are the real “unicorn”).

so don’t be shy, ask your potential employer in a recent financing valuations for how much, how fast they are development and MAU, ARR, and so on related issues, if they don’t want to be also represents some bad things.

in the end, remember to do some arithmetic, if a company now valued at $75 million, do you think he can grow up to the estimated to be 150 million or 750 million? Even more than ten times? What kind of enterprise has been sold out so much money?

valuations for those who have reached $4 billion, is still ten times the rise of the space, by the way the world is only a dozen public Internet company valuation of more than $4 billion (excluding apple’s words is 11).

so, if you want to working in the “unicorn” enterprises is very good, just want to know what you want. .

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