As I mentioned in my book Billion Dollar Unicorns, valuation without revenues have returned with a vengeance. The climax of these valuations was Facebook’s $19 billion acquisition of WhatsApp. Another Social Messaging firm Snapchat is going through similar valuation cycles.
According to a recent comScore report, the total online retail spending for the November–December period in 2014 was estimated to grow 16% to $61 billion. The researcher expected sales through mobile devices to see higher growth rates. Desktop generated e-tail sales were projected to grow 14% to $53.2 billion and mobile commerce was expected to grow 25%
According to recent market reports, the world will see 1 million minutes of video cross the Internet every second by 2018. Analysts estimate that video streaming will account for 80%-90% of global consumer traffic by 2019. TV and video streaming services provider Netflix is already gearing up to cater to this growth.
Continuing with our coverage on Billion Dollar Unicorns, here is an EdTech company Pluralsight, which has successfully bootstrapped their business and followed a roll-up strategy with additional funding to move closer to becoming a proud member of the club.
Continuing with our discussions on Billion Dollar Unicorn companies, here is another interesting company. Online education-focused player Lynda.com recently became a member of the club when their last round of funding held earlier this month valued them at $1 billion.
Most data analytic companies access troves of structured and unstructured data to help organizations make decisions on improving their efficiency and market reach. But there is also a Billion Dollar Unicorn Club member Palantir Technologies that is taking data analytics to the next level. Their work is extremely secretive, but it is helping government and financial
According to a report from the Content Marketing Institute and MarketingProfs, 93% of B2B marketers use content marketing and 42% found content marketing an effective marketing tool. Here is how Manhattan-based Billion Dollar Unicorn club member Outbrain has become a leading content discovery platform in the market.
The Billion Dollar Unicorn club, of course, is not restricted to cloud technology. Here is an analysis of a luxury retailer Net-a-Porter, which successfully leveraged principles of e-commerce and strong design to become the club’s member. According to recent market reports, online sales within the luxury segment still account for a modest 5% share. The global luxury