Tech blog Business Insider recently checked 15 startups with an annual valuation of up to or more than $0.1 billion. Some of these companies have just been established this year, and some have been established in the past few years, but their development has not improved significantly.
Examples of 15 startups are as follows:
15. betterworks
Valuation: USD 0.1 billion
Created on: July 15, 2011
Business Introduction: betterworks is a commercial platform that provides small companies with a simple way to reward and motivate their employees. Through betterworks, these small companies can enjoy discounts in gymnasiums, beauty salons, and other places, then, they are provided as allowances to their employees.
Business analysis: as a social platform, betterworks enables employees of small companies to receive non-material rewards. This is generally the benefit of large companies, and small companies do not have time and resources to deal with these issues. Last month, betterworks received $0.1 billion in funding at a valuation of $8 million.
14. Instagram
Valuation: USD 0.1 billion
Created on: July 15, December 2010
Business Introduction: iPhone photo sharing application
Business analysis: As a photo sharing application, Instagram is growing at an astonishing speed. In less than a year, it has 9 million users. At present, there is no revenue model for Instagram, but investors are excited about its rapidly growing user base, so the company is estimated to be worth $0.1 billion.
13. warby Parker
Valuation: USD 0.12 billion
Date of establishment: late 2010 and early 2011
Business Introduction: Online prescription glasses retail stores
Business analysis: although the profits of online retailers are not high, the eyes almost change every year. Warby products are also attracting regular customers. It is estimated that warby Parker has sold 0.1 million glasses. According to sources, warby Parker received $0.1 billion in funding at a valuation of $0.2 billion-$12 million.
12. beachmint
Valuation: USD 0.15 billion
Creation Time: end of 2010
Business Introduction: A business website that sells celebrity recommendations or designs products, focusing on jewelry and clothing retail.
Business analysis: It is said that the start-up received $0.15 billion in financing at a valuation of $23.5 million.
11. Flipboard
Valuation: USD 0.2 billion
Created on: July 15, 2010
Business Introduction: iPad personalized social media magazine Application
Business analysis: Flipboard is a convenient iPad news reading application. In March, it received $0.2 billion in funding at a valuation of $50 million.
10. shoedazzle
Valuation: USD 0.28 billion
Created on: July 15, March 2009
Business Introduction: personalized style and fashion services, including sale of shoes, handbags and jewelry
Business analysis: shoedazzle provides users with personalized fashion products, including footwear, jewelry, handbags and other items. After paying the membership fee, Members will receive the shoedazzle product recommendation information every month.
The company expects revenue to reach 2011 billion US dollars in 70 million and 23 million billion US dollars in last year. In May this year, shoedazzle received $0.2 billion in financing at a valuation of $40 million. In view of the company's revenue growth in 2011, shoedazzle is estimated to be estimated at $0.28 billion.
9. vostu
Valuation: USD 0.3 billion
Created on: July 15, 2007
Business Introduction: online gaming and Virtual Product websites
Business analysis: vostu is a large online game website in Brazil with 42 million users.
At the end of last year, vostu received $30 million in financing, with an estimated valuation of $0.3 billion. Since then, vostu has developed rapidly, and its revenue is expected to reach $50 million this year.
8. One Kings Lane
Valuation: USD 0.44 billion
Created on: July 15, 2009
Business Introduction: seckilling shopping websites
Business analysis: The Wall Street Journal says one Kings Lane's revenue will grow from $30 million last year to $0.1 billion so far. Last week, the company raised $0.44 billion at a valuation of $40 million.
7. zocdoc
Valuation: USD 0.7 billion
Created on: July 15, 2007
Business Introduction: online doctor and dentist booking website
Business analysis: zocdoc allows patients to conveniently schedule appointments to doctors on their websites. There are about 0.7 million users each month. Zocdoc is free for patients, but doctors pay $250 per month to their websites. This summer, zocdoc earned DST global $0.7 billion and Goldman Sachs $50 million in funding at a valuation of $25 million.
6. storm8
Valuation: USD 1 billion
Created on: July 15, March 2009
Business Introduction: storm8 is a game developer playing the role of iOS and Android devices.
Business analysis: storm8 developed a role-playing game for mobile devices. It is said to have raised $0.7 billion at a valuation of $0.3 billion, with investors including accel partners and technology crossover ventures. Zynga, a social game giant, once wanted to buy strom8, but the price was too high and eventually gave up.
5. Spotify
Valuation: USD 1.1 billion
Created on: July 15, 2006
Business Introduction: Spotify is a streaming media music service provider.
Business analysis: Spotify has a wide range of users in Europe. Recently it has logged on to the United States and has earned 2 million paying users. In February this year, Spotify received $1.1 billion in funding at a valuation of $50 million.
4. Rovio
Valuation: USD 1.2 billion
Founded on: November 1, 2003. Angry Birds was released on August 1, December 2009.
Business Introduction: game developers and dealers, famous works including Angry Birds
Business analysis: In March this year, Rovio received $0.2 billion in funding from accel partners and atomico ventures at a valuation of $0.2 billion. Rovio's revenue is expected to reach $80 million this year, so the valuation will be expanded to $1.2 billion.
3. Airbnb
Valuation: USD 1.3 billion
Created on: July 15, August 2008
Business Introduction: Airbnb is an online travel house rental community. Homeowners can rent their free rooms to travelers.
Business analysis: this year, Airbnb raised $0.112 billion, and its total sales this year is expected to reach $0.5 billion, with a predetermined net income of 5%, so Airbnb's valuation is about $1.3 billion.
2. Square
Valuation: USD 1.6 billion
Created on: July 15, 2009
Business Introduction: Square allows iPhone, iPad, or Android mobile phones to accept credit card payments
Business analysis: at the beginning of this year, square received funding at a valuation of $0.24 billion. In June this year, it raised $0.1 billion. Two sources revealed that the round of financing was valued at $1.6 billion.
Square has been adopted by more and more small businesses, but in most cases it is still not profitable. The New York Times reported that square's total revenue would reach $40 million, but its adjusted operating income would be a loss of $20 million. It is expected to make a profit when square's total revenue reaches $2012 in 0.2 billion.
1. Dropbox
Valuation: USD 4 billion
Created on: July 15, 2007
Business Introduction: Dropbox is a free online storage website that allows users to store and share photos, documents, and videos at any time.
Business analysis: the estimated value of Dropbox financing last month is said to be $4 billion. Before that, it was rumored that the valuation of Dropbox would reach $8 billion. Dropbox's valuation is reduced because of the specific market conditions and only a specific investor is interested in it. The current valuation of $4 billion is reasonable. As a cloud storage and backup service, Dropbox can conveniently synchronize data between devices, which is a promising market.