Billion Dollar Unicorns: Splunk Outpaces Market Expectations

According to an IDC report published earlier this year, the global Big Data Analytics market is forecast to grow from $130.1 billion in 2016 to over $203 billion in 2020, translating to an annualized growth rate of 11.7%. Billion Dollar Unicorn club member Splunk (NASDAQ: SPLK) is benefitting from this rapid growth.

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Will Softbank Own Silicon Valley?

The highest valued Billion Dollar Unicorn Uber recently approved SoftBank’s offer to invest $10 billion in a package deal that values it at a tiered valuation of $48 billion and $68.5 billion. SoftBank this year has invested over $25 billion in companies all over the world through its $98 billion Vision Fund, the largest tech fund ever.

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Billion Dollar Unicorns: No Stable Revenue Model in Sight, but Quora Usage Still Growing Rapidly

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 such example.

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Billion Dollar Unicorns: Stitch Fix Is Worth Celebrating

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 e-commerce in a box company. Nonetheless, in a market dominated by male CEOs, I personally am thrilled to see good execution and a milestone achievement by this company.

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Billion Dollar Unicorns: Talend Going Strong Since Listing

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.

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Billion Dollar Unicorns: Grab Becomes the Most Valuable Startup in Southeast Asia

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 million by 2025. Singapore-based Grab, also known as GrabTaxi, is riding high on this growth to become the most valuable Billion Dollar Unicorn story from Southeast Asia.

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Billion Dollar Unicorns: Reddit is in No Rush to Go Public

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 confident of its future as it eyes an IPO before the end of the decade.

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Billion Dollar Unicorns: Kabbage Mulling Over an IPO

According to FT Partners, the FinTech market saw a record 412 financial deals during the third quarter of 2017. One of the largest deals in the quarter involved a $250 million investment by Softbank in Billion Dollar Unicorn Kabbage. >>>