| Title |
What entrepreneurial decisions enable the breeding of digital platform unicorns? |
| Authors |
Bez, Sea Matilda ; Narbon, Isabel ; Pundziene, Asta ; Sermontyte‐baniule, Rima |
| DOI |
10.1002/sej.1543 |
| Full Text |
|
| Is Part of |
Strategic entrepreneurship journal.. Hoboken : Wiley. 2025, vol. Early Access, iss. Early Access, p. 1-33.. ISSN 1932-4391. eISSN 1932-443X |
| Keywords [eng] |
business model ; deep tech ; digital platform unicorns ; entrepreneurial decisionf ; undingmental health |
| Abstract [eng] |
Digital platforms have revolutionized business sectors; however, despite their significant success, platform unicorns remain rare. While extensive research exists on digital platform growth, it is uncertain what entrepreneurial decisions achieve unicorn status. We address the research question of what combination of complementary entrepreneurial decisions increases and decreases the likelihood of becoming a platform unicorn. The study examines 125 digital mental health platform ventures, including 12 unicorns, using the Dealroom database and decision tree methodology. We provide combinations of complementary decisions concerning fundraising timing, funding sources, digital technologies, and business model choices that affect a platform venture's probability of becoming a unicorn. The study offers decision profiles for navigating the uncertainties of the digital age. We discuss implications for strategic entrepreneurship and a judgment‐based approach. |
| Published |
Hoboken : Wiley |
| Type |
Journal article |
| Language |
English |
| Publication date |
2025 |
