A report from Fuel Ventures has analyzed a decade of startup pitches, revealing trends in entrepreneurship. Many successful pitches come from co-founded startups, with 76% having partners. Female founders have surged by 45%, and pitches from entrepreneurs over 40 have increased by 35%. While London remains the main hub for startups, cities like Birmingham and Manchester are emerging strongly. The popularity of buzzwords like "AI" is notable, with 86% of pitches mentioning it, though many lack actual AI capabilities. Certain times of the year, notably January and September, show increased pitch activity.
In the past decade, the data shows a significant rise in the number of pitches from co-founded startups, indicating that teams lead by multiple founders tend to succeed more.
The percentage of female founders has seen a notable increase, with a 45% rise overall and a striking 30% growth in the last five years alone, signaling progress in entrepreneurship diversity.
The trend of founders over 40 entering the startup pitch scene has increased by 35%, refuting stereotypes about youthfulness being key to entrepreneurship success.
In terms of vocabulary, 'AI' dominates the pitch landscape, appearing in 86% of the decks, revealing the sector's fixation on artificial intelligence despite some pitches lacking genuine capability.
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