Median revenue for startups founded in 2022 reportedly reached $5.6 million after four years
a16z puts the comparable figure for startups founded in 2021 at $2.8 million, framing the jump with its claim that ChatGPT “changed the game” in 2022.
TLDR
a16z says median startup revenue four years after founding was $2 million for startups founded in 2018, $2.8 million for those founded in 2021 and $5.6 million for those founded in 2022. The firm says ChatGPT “changed the game” in 2022. A user sharing the figures took them as support for the view that startups are iterating faster and reaching significant revenue sooner.
Median revenue for startups founded in 2022 reportedly reached $5.6 million after four years
a16z puts the comparable figure for startups founded in 2021 at $2.8 million, framing the jump with its claim that ChatGPT “changed the game” in 2022.
TLDR
a16z says median startup revenue four years after founding was $2 million for startups founded in 2018, $2.8 million for those founded in 2021 and $5.6 million for those founded in 2022. The firm says ChatGPT “changed the game” in 2022. A user sharing the figures took them as support for the view that startups are iterating faster and reaching significant revenue sooner.
