The VC-method to build a growth venture is to come up with an idea, develop a plan and a pitch, go to a pitch competition or an incubator, seek access to angels and find angel capital, launch the venture, and get venture capital (VC). The VCs then hire a professional-CEO in up to 85% of the ventures, after which the investors exit the venture through a strategic sale or via an initial public offering (IPO) if the venture is successful.
This VC-method helps about 20 out of 100,000 ventures and was used by about 6% of billion-dollar entrepreneurs (Truth About VC).
Unicorn-Entrepreneurship: