Billion Dollar Unicorns: Zhihu Imitates Quora to Build a Valuation Without Revenue Company

For a while now, VCs’ delusional competitive bidding in startup investing had resulted in skyrocketing valuations. Last year, several venture funds re-evaluated their valuation and several startups saw valuations reduce to more realistic levels. But the market correction is not yet complete. There continue to exist Billion Dollar Unicorns that have no sustainable business or financial model and yet

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Billion Dollar Unicorns: Kendra Scott Shows that Women CAN Build Unicorns

According to a report by IBISWorld, the US jewelry store industry is estimated to have grown 1.2% annually through the years 2011 to 2016 to be worth $35 billion in 2016. The industry is expected to grow at a modest 0.4% annually through till 2021, primarily due to the decline in precious metal cost over the years.

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Billion Dollar Unicorns: SimpliVity Exits in HPE’s Arms

According to IDC, the worldwide converged systems market grew 12.1% to $2.9 billion in Q2 2016. Hyperconverged sales grew 137.5% to $480.62 million or 16.2% of the converged systems market. Riding on this hypergrowth, SimpliVity entered the Billion Dollar Unicorn Club and was recently acquired by HPE.

Billion Dollar Unicorns: Huochebang is the Uber of Trucks in China

According to a report by Transparency Market Research, the global logistics market is expected to grow 7.5% annually from $8.1 trillion in 2015 to $15.5 trillion by 2023. The report believes that roadways will continue to be the most favored mode of logistic transport in terms of revenues. In recent years, China has been the

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2017 IPO Prospects: Qualtrics Looks Robust

According to the CB Insights’ Fifth Annual Tech IPO Pipeline Report, there were only 14 tech IPOs in 2016 and that number is expected to rise in 2017. Heading its Top 5 IPO Prospects list is survey software unicorn Qualtrics.

2017 IPO Prospects: Pluralsight Looks Ready

Cedar Valley, Utah-based EdTech company, and Billion Dollar Unicorn member Pluralsight is expected to go public soon. According to TechNavio, the global corporate e-learning market is expected to grow 11% annually to be worth $31 billion by 2020. Pluralsight has its eyes set on this fast-paced market.

2017 IPO Prospects: Palantir Finally Mulling an IPO

According to a report by Zion Market Research, the Advanced Analytics Market is estimated to grow from $10.7 billion in 2015 to $60.44 billion in 2021. That translates to a compounded growth rate of 33% each year. Palo Alto-based Palantir leverages advanced analytics capabilities to help government and financial agencies ensure safety of citizens and

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Billion Dollar Unicorns: Careem is the Latest Middle East Unicorn

According to Juniper Research, the global ride sharing market is estimated to grow to $6.5 billion by 2020 from $3.3 billion in 2015. North America is the biggest region in the industry and is expected to account for a third of the market share. Western Europe and Asia-Pacific, excluding Far East and China, are estimated

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