The 36 Most Valuable Start-ups on Earth
A new interactive chart from The Wall Street Journal's ace Scott Austin ranks these billion-dollar startups using data from Dow Jones VentureSource. Today there are about three-dozen such companies in the U.S., Europe and China.
A billion dollars isn’t cool anymore. More than half of the companies are valued at $2 billion or more. And the exclusivity is fading: since November, three companies have joined the club (storage equipment maker , payments service Stripe and messaging app Snapchat) while another three (music-streaming service Spotify and online storage companies Boxand Dropbox) have raised funding at multi-billion dollar valuations.
Before you scream “Bubble!” know that most of these companies are in better financial shape then peers from the dot-com boom era. A few pre-revenue startups, such as Snapchat and scrapbooking site Pinterest, have crept into the club. But a large share of them are making real revenue – see Dropbox and its $200 million in annual sales –even if you question the valuation metrics.
Here’s a startling stat—the U.S. membership is larger than during the dot-com bubble years of 1999 and 2000, when there were 18 companies, according to VentureSource. Today, there are least 25 startups valued at $1 billion or more in the U.S.—19 alone in the past two years.
In China, the lineup is dominated by online companies – such as retailers Jingdong andVANCL, search engine Sogou and restaurant-review site Dianping – capitalizing on a surging Internet population. But it is a smartphone maker, Xiaomi, that is one of the world’s most valuable venture-backed companies at $10 billion.
Zalando, a German retail giant, tops the European list at about $5 billion, followed by Spotify and Mobileye, a maker of vehicle-collision warnings systems.
I wish they would have included the revenue multiples.
Just one year later, Uber and Xiaomi are each worth more than $40 billion:
Also, Snapchat is now worth $19 billion, Palantir $15 billion, SpaceX $12 billion, Pinterest $11 billion.
Flipkart is worth $11 billion and I had not even heard of that company till this article.
Airbnb and Dropbox are looking to raise money at a $20 billion valuation.