billion dollar startup club

One of the reasons most of us start our own ventures is so that we can be our own boss and pursue our own passions and do it with a goal that one day we can help transform the industry and the world to make it big. At one point, if you reached a $1 million mark, you’d consider yourself thriving, then came a time if your venture had a valuation of a $1 Billion (with a B) you’d be considered a massive success and have it made.

Well, just in the last few years, there are some of the startups that have now achieved valuation of over $10 Billion! (Gulp)! And the pace some of these new tech and social media companies are being evaluated at, it is getting to become a routine. We’ll have to see if they will last long or is this a wave they’re riding high on.

Well, let me share the list of these startups that are literally pushing new ground in the industry and helping truly transform our lives in the way we work, interact and live and I hope you’ll learn something new and watch out for them moving forward.

#1 Uber: “Moving people”

Valuation: $18.2 billion

CEO: Travis Kalanik

Founded: 2009

What it does: Uber’s taxi-hailing app connects its users with drivers of private vehicles under Uber’s contact. It offers different types of cars, from full-size luxury cars to smaller vehicles.

Total funding: $1.5 billion

Notable investors: Benchmark Capital, Menlo Ventures, Google Ventures, KPCB

#1 Uber: “Moving people”

You can easily hail a cab with Uber.  (David Ramos/Getty Images)

#2 Airbnb: “Welcome home”

Valuation: $10 billion

CEO: Brian Chesky

Founded: 2008

What it does: Airbnb offers a marketplace for people to rent out their homes to temporary residents. It’s currently available in 190 countries.

Total funding: $794.8 million

Notable investors: Andreessen Horowitz, Founders Fund, Sequoia Capital, Greylock Partners

#2 Airbnb: “Welcome home”

Airbnb founder and CEO Brian Chesky   (Mike Nudelman/Business Insider)

#3 Dropbox: “Your stuff, anywhere”

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

#3 Dropbox: “Your stuff, anywhere”

Dropbox has more than 200 million users worldwide.  (Business Insider)

#4 Snapchat: “Fast and fun mobile conversation”

Valuation: $10 billion

CEO: Evan Spiegel

Founded: 2012

What it does: Its photo messaging app allows users to send photos and videos that get deleted after a set period of time.

Total funding: $163 million

Notable investors: Benchmark Capital, Coatue Management, SV Angel

#4 Snapchat: “Fast and fun mobile conversation”

(Youtube/Snapchat)

#5 Xiaomi: “Best Android phone”

Valuation: $10 billion

CEO: Jun Lei

Founded: 2010

What it does: Xiaomi is one of the biggest Chinese electronics brands that makes smartphones. Its smartphones are considered one of the best Android phones in the market.

Total funding: $347 million

Notable investors: IDG Capital Partners, Qualcomm Ventures, Morningside Group

#5 Xiaomi: “Best Android phone”

Xiaomi CEO Lei Jun showing smartphone sales growth.  (REUTERS/Jason Lee)

Are these the highest valued startups?  Do you think this list is missing any that should belong here?  Who do you think is next to make the $10 Billion Startup club or the company to watch out for that will make the biggest bang in 2015?  Let us know what you think.

Source:  http://bit.ly/10BillionB

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