Billion Dollar Unicorns: Machine Zone Translates Multi-Player Games to Multi-Billion Valuation

According to Superdata Research, the online massively-multiplayer (MMO) game industry is estimated to grow to $11 billion in 2015, accounting for 21% of the worldwide digital games market. The industry is estimated to be worth $13 billion by 2017. Free-to-play constitutes the biggest pie of this market with $9.3 billion in revenues in 2015 and growing to

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Carnival in the Cloud: Workday and Oracle Continue to Battle it Out

According to a recent research report, cloud-based Human Capital Management (HCM) solutions market is estimated to have grown 21% in 2014 to $6.1 billion. It is further expected to grow to $10 billion by 2019 at a CAGR of 10%. SAP is the leader in the market with 11% share and Workday (NYSE: WDAY) is the second largest player

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Billion Dollar Unicorns: Ele.Me Shows Online-2-Offline Works

China’s total consumption in the food ordering industry is estimated to grow from 450 billion yuan (~$70.6 billion) in 2013 to 700 billion yuan (~$109.9 billion) by 2016, at an annual growth rate of 16%. Back in 2013, food delivering accounted for nearly 10% of this market, which indicates that the food ordering and delivery industry will reach

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Billion Dollar Unicorns: Match.com Looking to Court the Stock Market Now

According to an IBISWorld report, dating sites in the US are expected to earn $1.17 billion in 2015 with dating apps expected to bring in $628.8 million. In 2014, dating sites had generated $1.08 billion in revenues with dating apps accounting for $572 million in revenues. The market has seen significant consolidation in the online dating industry

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Billion Dollar Unicorns: Atlassian Now Prepping for a US Listing

According to a Gartner report, the Application Development market is projected to be worth $8.7 billion this year. An IDC report estimates the Collaborative Applications market to be worth $13.5 billion and the Project and Portfolio Management market to be worth $3.8 billion in 2015. Australian entry to the Billion Dollar Unicorn club Atlassian has established a

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Billion Dollar Unicorns: FanDuel Creates a Billion Dollar Company out of Fantasy Sports

According to an ESPN research, non-betting, yearly-based fantasy sports users are a fast growing demographic, reporting a 25% annual growth rate since 2011. The Fantasy Sports Trade Association estimates that there are nearly 51.8 million fantasy sports players in the US and Canada in 2015. Another research firm Eilers Research estimates the daily games to generate

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Billion Dollar Unicorns: Secretive Infinidat Makes its Way to the Club

According to an IDC report, the worldwide enterprise storage systems market is projected to grow to $37.3 billion in 2015, growing 3.9% annually over the period 2010 through 2015. Needham, Massachusetts-headquartered Infinidat is a secretive little company in the sector which has suddenly shot into the Billion Dollar Unicorn Club.

Billion Dollar Unicorns: Square Files for IPO Below Last Round of Financing

I have constantly questioned the prudence in the venture funding of companies at unjustifiable valuations. I believe that some of these Billion Dollar Unicorn companies, when scrutinized through the stock market investor’s lenses, will see their valuations whittle down to more acceptable levels. Last week, mobile payment processing company Square filed their IPO and as

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