Nothing like publishing a textual data table as a giant picture.<p>"If this data doesn’t get you off the couch and coding the next great product, I don’t know what will." If the hope of a 9 digit payoff is what's motivating you to start a company, you're better off trying your luck on a roulette wheel.
Given that Cal Henderson & Slack appears in the chart twice with different numbers each time, I'd take these figures with a grain of salt.<p>Plus the tone of the article makes it seem like a quick marketing piece to try and advertise their VC fund.
> <i>” If this data doesn’t get you off the couch and coding the next great product, I don’t know what will.”</i><p>Well, that’s a severe lack of imagination by the author. I can think of lots of reasons to start coding a new project that are not how much a few dozen of people earned in an IPO.
There are repeated entries for the same company+founder but with different values. It doesn't make any sense.<p>Additionally sometimes the founder's name is right in one row but not in the other e.g. Cloudflare's Matthew Prince (right) vs Matthew Price (wrong).<p>Not a good look.
This is so cherry-picked and editorialized that this feels unethical.<p>It claims an "average" from this list while intentionally neglecting less-successful IPOs and downright failures.<p>Also, I'd be curious to see what the exits are after the 3-6 month lockup period. Some startups IPO decently, but then tank.
What a gross overstep by Spotify. Over $9B combined between the two founders!?! Meanwhile bands are struggling to make it through the pandemic. Guess I'll be deleting my Spotify account. Barf.