During the past two years, companies with multi-billion dollar valuations that have not been supported by a credible business model have seen their valuations collapse. But there are still a few that have managed to retain and even grow into a Billion Dollar Unicorn status, despite their lackluster business models. Crowd-sourced information site Quora is one
Billion Dollar Unicorn club member Stitch Fix (Nasdaq: SFIX) recently went public. Its listing is worth celebrating because it is the the first IPO this year for a tech company that was led by a woman. The stock has had a choppy ride as investors are still trying to determine how to value this latest
Open source integration software vendor Talend (Nasdaq: TLND) went public last year. Post IPO, the company has constantly been trading above its list price, and has attained a Billion Dollar Unicorn status in the public market.
According to a study conducted by Google, the South East Asian taxi on-demand service is projected to grow from 18% annually over the next nine years to be a $13 billion industry by the year 2025. The number of monthly riders using these services is expected to grow from 7.3 million in 2016 to 29
According to a survey conducted by the Reuters Institute Digital News, 13% of North American users surveyed used Google News as their weekly news aggregator. Reddit came a distant second at 7%, followed by Flipboard with a 5% usage in the region. After years of controversy, Billion Dollar Unicorn club member Reddit is now more
Social messaging service Snap (NYSE: SNAP) continues to flounder. The company had listed on the NYSE in March this year amid much speculation. Snap listed when its business model was yet to prove successful – it was not only missing profits but was also failing to deliver growth in other metrics. Recently reported quarterly results are
Meal-kit delivery service Blue Apron may have boasted about knowing the recipe to success once upon a time. But the market scrutiny that accompanies a public listing hasn’t done the company any favors. The New York-based company began trading on the NYSE earlier this summer. In less than six months, the valuation of the company
According to a MarketsandMarkets report, the Cyber Security market is projected to grow from $137.85 billion in 2017 to $231.94 billion by 2022, translating to a CAGR of 11% over the next five years. Market growth is driven by the growing security needs of Internet of Things (IoT) and Bring Your Own Device (BYOD) trends