Open-source Figma

The Quild Future Unicorn highlights one future of work early-stage startup with statistically significant signals of becoming a unicorn.

Penpot is an open-source design and prototyping platform meant for cross-domain teams. Penpot is web-based and works with open web standards (SVG).

Founders: Pablo, Juan

Signals:

1. Repeat founder

  • Pablo founded Taiga, an open-source project management tool, and Kaleidos, an open-source project studio

2. Traction

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1% unicorn rate over 9 months + the spreadsheet of the Quild list (to date)

Yesterday, Future Unicorn #200 went out. It has been 9 months since I started this project of highlighting early-stage startups with statistically significant signals of becoming unicorns. So I wanted to do a look back. How well have I done?

After being posted on Quild:

  • 0% were acquired or listed on the stock exchange
  • 1% became unicorns
  • 14% announced additional funding

Considering that only 1% of venture-backed companies founded since 2000 became unicorns, Quild getting to 1% within 9 months is not bad (patting myself on the back).

To celebrate: here’s the entire list to date on a spreadsheet.

Favorite restaurant at the moment: Ilcha, a modern Korean restaurant. The cured shrimp and fried chicken are divine. The hotpots are amazing too.

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A customizable community platform for businesses

The Quild Future Unicorn highlights one future of work early-stage startup with statistically significant signals of becoming a unicorn.

Tribe is a fully customizable community platform built with a collection of human interaction best practices to help businesses launch brand-led online communities. Communities built with Tribe can be integrated into a product and website or operate as a stand-alone community website.

Founders: Mo, Siavash, Soheil

Signals:

1. Repeat founders

  • Mo founded ad-tech startup Anetwork and accelerator Avatech
  • Siavash founded community engagement startup Breezio
  • Soheil founded food ordering platform Reyhood

2. Midas list investors

  • CRV co-led seed
  • Bessemer co-led seed

Favorite restaurant at the moment: Birdbox, a fried chicken shop 🐔. It was a pandemic project that became so popular that the owners started a standalone restaurant.

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