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The hidden intel #3
the results are in 🏆
Hey hey,
Welcome back to the third edition of The Hidden Intel 💎 This post-episode review dives into the main lessons, and key points and helps you better understand and apply the highs and lows of entrepreneurship.
Today we’re covering:
Your results are IN: Which team wins the X-factor competition?
What is an ‘exit’ in the startup world?
T-8 days to the ultimate startup event
Let’s begin 🎢
INTEL 🧠
Your results are in and revealed!
After the debut episode, we asked you to vote for the startup you believe has the famous X Factor.
Now it's time to show your results, as we're getting closer to the day when those who predict what the crowd likes will get their award!
In Group A of startups, here's how the pedestal ranks:
Biodefend
Teva Horizon
Common
based on audience votes
In Group B, the pedestal is as follows:
Cryptearn
Daysketcher
Advices
based on audience votes
Happy with the final results? Please reply to this email and let us know!
Just a reminder, these are the results from viewer voting, and the officials will arrive shortly 🔥
ICYMI, you can read more about each startup right here 🔗
LEVEL UP ⬆️
What is an ‘exit’?
In startup terms, "exit" refers to the event where investors and/or founders of a startup realize their investment or ownership by selling their shares in the company. This typically happens through one of several means:
Acquisition: The startup is bought out by another company, often a larger corporation, which may offer cash, stock, or a combination of both to the startup's shareholders.
Initial Public Offering (IPO): The startup goes public by offering its shares for sale on a public stock exchange, allowing investors to buy and sell shares freely.
Merger: The startup merges with another company, forming a new entity where the shares of the original startup are exchanged for shares in the new combined entity.
Buyback: The startup may buy back shares from its investors or employees, providing them with a way to exit their investment.
An exit is typically seen as a positive outcome for investors and founders, as it provides them with liquidity and potentially significant returns on their investment. It's often a key milestone in the lifecycle of a startup.
Some notable exits include:
🚀 WhatsApp: Facebook acquired WhatsApp, a popular messaging app, for $19 billion in 2014.
🚀 Instagram was acquired by Facebook for $1 billion in 2012.
🚀 YouTube was acquired by Google in 2006 for $1.65 billion.
🚀 LinkedIn was acquired by Microsoft for $26.2 billion in 2016.
🚀 Snapchat went public through an IPO in 2017
🚀 GitHub was acquired by Microsoft for $7.5 billion in 2018.
🚀 Skype was acquired by Microsoft for $8.5 billion in 2011.
🚀 Roblox went public in 2021, raising $1.9 billion and achieving a valuation of over $40 billion.
🚀 Airbnb had a blockbuster IPO in 2020, raising $3.5 billion and achieving a valuation of over $100 billion on its first day of trading.
🚀 Zoom went public in 2019, raising $356 million and achieving a valuation of over $9 billion on its first day of trading.
Learn more about startup exits 👇
You’re invited to THE LONGEST PITCH MARATHON
use LPMX20 for a 20% discount 🎁
The ultimate startup event is returning for its 3rd edition and it’s all about YOU, YOUR IDEA and YOUR STARTUP. You'll get an exclusive chance to pitch to top global investors looking for their next funding deal 💰
Now’s your chance to connect, pitch, and ignite growth!
📅 11 May
📍 DoubleTree by Hilton Skopje
⚠️ 17 seats left ⚠️⚠️⚠️
In case you missed it 🍿
Catch you next week for more updates, just like this one!
The team behind The Founder Games
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