Instant Alert: THE $10 BILLION CLUB: Meet the 11 most valuable startups in the world

Posted On // Leave a Comment

Your Message Subject or Title

  MANAGE SUBSCRIPTIONS   |   UNSUBSCRIBE   |   VIEW ONLINE
 
 
 
 
 

THE $10 BILLION CLUB: Meet the 11 most valuable startups in the world

by Maya Kosoff and Eugene Kim on Nov 29, 2015, 12:29 PM

travis kalanick, ceo uberThere used to be a time when a $1 billion valuation was considered a massive success for tech startups.

Then that threshold rose to $5 billion.

But in recent months, these numbers almost seem routine — so we have raised the bar yet again.

Looking at recent media reports and The Wall Street Journal's "The Billion-Dollar Startup Club" list, we have created a list of tech startups that are valued at $10 billion or more.

SEE ALSO: 13 tech IPOs compared: How much a $10,000 investment would be worth today

No. 10 (tie) WeWork: $10 billion

Valuation: $10 billion

CEO: Adam Neumann

Founded: 2010

What it does: WeWork rents out co-working spaces to individuals and companies. 

Total funding: $1 billion

Notable investors: Goldman Sachs, T. Rowe Price, Benchmark Capital, Fidelity Investments, JP Morgan



No. 10 (tie) Dropbox: $10 billion*

Valuation: $10 billion

CEO: Drew Houston

Founded: 2007

What it does: Dropbox allows users to easily store and share files on the web. It has over 200 million users worldwide.

Total funding: $1.1 billion

Notable investors: Accel Partners, Benchmark Capital, Greylock Ventures

*Fidelity Investments and BlackRock both recently wrote down the value of their holdings in Dropbox.



No. 9 Pinterest: $11 billion

Valuation: $11 billion

CEO: Ben Silbermann

Founded: 2008

What it does: Pinterest allows users to share/store stuff online by "pinning" images and content.

Total funding: $1.32 billion

Notable investors: Andreessen Horowitz, Bessemer Venture Partners, Rakuten



See the rest of the story at Business Insider


 
Share the latest business news with your network:

Facebook Share Twitter Share Email Share
Email sent to:   |   Manage your email preferences   |   Unsubscribe

Terms of Service   |   Privacy Policy

Business Insider. 150 Fifth Avenue, New York, NY 10011
Sailthru

0 comments:

Post a Comment