The $5 Billion Startup Club: The 9 Highest Valued Startups That You Should Definitely Keep An Eye On Source: Business Insider:– There used to be a time when a $1 billion valuation was considered a massive success for tech startups. But in recent years, there’s been so many of them that billion-dollar valuations are almost starting to feel routine in tech. So we’ve raised the bar and narrowed down WSJ’s “The Billion-Dollar Startup Club” list to companies that are valued at more than $5 billion. These startups are transforming our lives and they’re definitely worth keeping an eye on moving forward. #9 Pinterest: “A visual discovery tool” Valuation: $5 billion CEO: Ben Silbermann Founded: 2008 What it does: Pinterest allows users to share/store stuff online by “pinning” images and content. Total funding: $762.5 million Notable investors: Andreessen Horowitz, Bessemer Venture Partners, Rakuten #8 Square: “Start selling today” Valuation: $6 billion CEO: Jack Dorsey Founded: 2009 What it does: Square is a mobile payments company that allows stores to accept credit/debit cards on their smartphones and tablets. Its business has expanded to online invoicing and deposits as well. Total funding: $590.5 million Notable investors: KPCB, Khosla Ventures, Citi Ventures, Sequoia Capital #7 Jingdong (JD) Valuation: $7.3 billion CEO: Qiangdong Liu Founded: 2004 What it does: Jingdong is one of the largest e-commerce sites in China. It used to be named 360buy. Total funding: $2.2 billion Notable investors: Tiger Global Management, Bull Capital Partners, Digital Sky Technologies See the rest of the story at Business Insider Continue Reading….. The post The $5 Billion Startup Club: The 9 Highest Valued Startups That You Should Definitely Keep An Eye On appeared first on GLOBAL NEWS. ift.tt/1tnevyS
Posted on: Sat, 25 Oct 2014 13:08:19 +0000
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