7 Modern Companies Worth Over $10 Billion
Let's take a quick look at 5 modern startup businesses that are now worth over $10 Billion…
Pinterest is a social media platform like other. It allows users to save and share images for virtually anything. If you want to imagine your living room painted blue you can find countless images of rooms painted blue. It's like a virtual mood board for your personal ideas. It's easy to use and has a very nice interface.
Pintrest’a rise has been nothing short phenomianl. In just 8 years its aqueried 300 million monthly users and has a net value of over $12 Billion.
Stripe, a software package that allows businesses to make electronic payments has only been around since 2010. In those 9 years it has developed a reputation as one of the best info tech companies on the market. Stripe’s valuation, only 8 years in, is at a staggering $20 Billion. See how long it took Stripe to become worth over $10 billion compared to other similar companies here.
SpaceX, run and founded by Elon Musk, aims to send humans into regions of space they have never gone before. Its programmes include space travel for civilians and the exploration and colonization of Mars. Lofty goals for sure but one thing is certain, Musk is a very determined guy and won't rest until his ideas are materialised. There’s been a huge amount of media interest in SpaceX and investors are queuing around the block. The Company is now worth over $20 billion.
This app based hotel company has been used by millions of travellers across the world. Its easy to use mobile app allows tourists to cut out the middle and and pay directly to private owners of hotels, villas and apartments. You can travel anywhere in the world, open the app and find a cheap or expensive place to stay close to your current location. A great idea, which means the company is now valued at nearly $30 billion.
Looking to compete with Uber in the app-based taxi market, Grab is a new company making big waves in the industry. You can call a taxi from your app from any location in South East Asian. Grab dominates this area of the world much like Uber in the West. Due to Grab’s meteoric rise, the business is now valued at $11 billion.
Juul dominates the E-cigarette market in the United States. It is now the most popular E-cigarette on the market. As millions of smokers worldwide look to quit, the market is ripe for this healthier alternative. The company only started in 2015 but is now worth a shocking $15 billion. Not bad for 4 years in business.
Wework provides real estate for start up businesses like the ones on our list. Founded in 2010 in New York City it has risen to become the number real estate company of its kind. The net value of the company is now at $20 billion.