Billion-dollar exits are what venture capital dreams and reputations are made of, and can wash away the less-storied returns that make up 99 percent of even the best VC’s portfolio.
According to Cowboy Ventures founder (and former partner at Kleiner Perkins) Aileen Lee, finding a billion-dollar startup is almost as unlikely (and magical) as finding a unicorn. The Cowboy Ventures team recently built a dataset of tech companies started since January 2003 and most recently valued at $1 billion by private or public markets so as to find trends amongst founding teams. The study was widely appreciated and popularized the term Unicorn Club.
On April 7 and 8 in Banff, The Cloud Factory, organized by Canadian Cloud Council and Boast Capital, will feature three startups from the Unicorn Club in addition to an already stellar lineup of enterprise heavyweights.
Dheeraj Pandey, CEO of Nutanix, which recently raised $101 million at a billion dollar valuation will speak on “How Software is Eating the World.” Michelle Zatlyn, cofounder of CloudFlare, who was also runner-up for Founder of the Year at the recent Crunchies Awards, will talk about the Convergence of Cloud and share her growth story from a startup to a billion-dollar company. Whitney Bouck, General Manager of Box, now valued at $7 billion, will share her thoughts on “Growth Hacking the Enterprise.”
Additionally, each day will feature an Enterprise Startup Pitch Contest judged by leading enterprise VCs including Accel Partners, Bessemer Ventures, Emergence Capital, Lightspeed Ventures, Microsoft Ventures, SAP Ventures, Scale Ventures, Intel Capital and more.
Early bird pricing as well as the deadline to apply to pitch is this Friday, February 14. See more details and register here.