Experienced leadership, a concept designed for scalability and timing, is the most important factor influencing fast-growing startups, also known as scale-ups. Only 1 out of 200 startups become a scale-up valued over $10 million within 5 years. THNK and Deloitte conducted quantitative research to analyze the dynamics and characteristics of 400.000 startups.
Scale-ups are new enterprises with innovative products, services or business models that grow on to become large corporations. Valued at over $10 million within their first 5 years of existence, these enterprises garner a huge amount of employment while they scale. They demonstrate spectacular growth and expansion, and revolutionize industries with new business models. Coming out of nowhere, they topple incumbents with fresh outlooks on technology – think Facebook, Google, and Uber.
