What comes to mind when you hear the word startup?
If it’s a grungy basement in the heart of Silicon Valley, you’re not alone. A large portion of people think of startups as a team of only five people with one common thread—a high threshold for chaos, but even a five-year-old company can still be considered a startup.
A startup can graduate to a larger company by being acquired, opening more than one office, generating revenues greater than $20 million, or having more than 80 employees, Forbes explains.
These employees work for entrepreneurs who believe their ideas could skyrocket by creating a startup. Well that’s the dream, right? The risky reality when it comes to startups is that they’re vulnerable to risk and likely more than we would imagine. On the bright side, 10% of startups are successful each year and know what it takes to survive the odds of failing.
During the beginning stages of a startup, finding where seed funding will come in from is more than half the work. Your initial funding will most likely come from your own pockets and then the goal is outside funding.
To track the latest trends, we’ve compiled small business and startup statistics to better understand what makes a startup tick. If you’re looking to build a startup or just interested in diving into the numbers, check out these informative statistics on success, failure, funding and more before getting started.
Startup Statistics and Trends
Startup Success Rates
Startup Failure Rates
Startup Funding + Investor Facts
Startup Costs Statistics
A Look at Startup Teams
Statistics for FinTech Startups
Statistics for Construction Startups
Statistics for Technology Startups
Statistics for Real Estate Startups
Future of Startups
The Experts’ Opinions