Forbes August 13, 2024
Of the list’s 225 alumni, 131, or 58%, became unicorns, including DoorDash, Figma, Anduril, Benchling and Rippling. This year, it’s dominated by artificial intelligence.
By Amy Feldman, Forbes Staff
Damn, we’re good. This year was the tenth year in a row that Forbes teamed up with TrueBridge Capital Partners to search for the 25 U.S.-backed companies most likely to reach a $1 billion valuation. Of the list’s 225 alumni, 131, or 58%, became unicorns, including DoorDash, Figma, Anduril, Benchling and Rippling, although 21 of those are now worth less than $1 billion. Forty-two were acquired; only three (1%) went public for less than $1 billion. There have been surprisingly few disasters: Just five startups imploded or shut down, most spectacularly...
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