The Formula Startups Use to Make Billions (Infographic)

Senior Entrepreneurship Writer at CNBC
2 min read

From thousands of miles away, can feel like a magic box: normal people enter and out pop billionaires. But the is much like the Wizard of Oz, where, when you pull back the green curtain, there stands a man.

There’s actually a fairly systematic process behind the formation, growth and financial success of many startups. Which is not to say that it is a fool’s errand to launch a successful startup and grow it into a billion-dollar company, but only to say that it has been done, and there is a worn path and a mature ecosystem surrounding this routine.

Related: How This CEO Combined a For-Profit and Nonprofit and Made Both Better For It

San Francisco-based startup organization Funders and Founders generated the infographic below, breaking down the way an entrepreneur goes from idea generation through to . The infographic is based loosely based on famous programmer and venture capitalist Paul Graham's essay "How to Start a Startup.”

Take a look to get a clearer picture of what goes on in the big black box that is Silicon Valley. Behind the green curtain. 

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The Formula Startups Use to Make Billions (Infographic)

 

Related: This Billionaire Just Gave 10 Startups $100,000 Each on a Whim

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