In 2012 the trend has continued. And many tech companies have been successful.Several companies stood out of the average and marked the 2012. This is my list that is based on exits, valuations by investors and their growth rate.
Instagram
The popular photo sharing app had one of the best exits this year. The company got taken over by Facebook for a bit shy of $1billion in cash and stock. The company set download
record when released to the Android market with over 100
million loyal users by September 2012. And all of that with practically no marketing budget.
The company was launched in October 2010 by Kevin Systrom and Mike Krieger. By December 2010, Instagram had 1 million registered
users and in June 2011. Instagram announced it had 5 million users. It
passed ten million in September of the same year.
Airbnb
The website lets people with extra space rent it out to travelers. The company has a simple pricing model where it takes a 6% to 12% fee from the guest and a 3% fee from the host.
The site was founded in August 2008 by Nathan Blecharczyk, Brian Chesky
and Joe Gebbia. In July 2012, the company had over 200,000 listings in
more than 26,000 cities and present in 192 countries with over 1,000,000
hosts and travellers on its platform.
In 2012. it has been unofficially evaluated atover $2.5 billion when news of Peter Thiel potentially investing got out.
Github
GitHub is a social coding startup that lets developers share code and
offering hosting for projects. GitHub offers both paid plans for
private repositories, and free accounts for open source projects.
GitHub Inc. was founded in 2008 and is based in San Francisco.
During the first year GitHub was online, it accumulated 46,000
public repositories. At that
time, about 6,200 repositories had been forked at least once and 4,600
merged. On 19 December 2012, GitHub announced it had over 2.8 million
users hosting over 4.6 million repositories
The company has over 2 million
users that have used its service and over $99 million in venture
funding.
Fab.com
This online retail site handpicks its merchandise, letting shoppers
look for items that are a little more unique than mass-market stores. It
is the world’s fastest growing e-commerce site, having grown from 175,000 members at launch in June 2011, to over 10 million as of December 2012.
Fab was founded in February 2010 by CEO Jason Goldberg and Chief Design Officer Bradford
Shellhammer.This year the company was able to raise over $100 million in venture funding.
Square Inc.
Square allows individuals and businesses to accept credit card payments
on mobile phones, by using either a plug-in device or entering the
card’s details on the phone. Square charges a fee of 2.75% on every
credit card transaction.
Uber
Uber is a company from San Francisco that made calling a car easy. A luxury town car experience is only a click away on the
Uber app. All charges go directly to credit cards without cash or
additional paperwork needed.
The company was founded in 2009 by Garrett Camp and Travis Kalanick. Their pricing method is similar to typical taxi pricing - either on a time or distance basis.
They got almost $50 million in venture funding.
ZocDoc
ZocDoc helps people schedule doctor appointments online and has been
expanding quickly, attracting lots of capital to reach $95 million in
funding, and adding killer new features like ZocDoc Check-In.
The release to the public was back in 2007 during the TechCrunch40 conference. Initially they provided service only on Manhattan where over 2 million people used it. Now they cover almost 40% of the US population.
In September 2012, the company announced the closing of their Series C
round of funding from Goldman Sachs, bringing the total round to $75
million. Before this last round, the company had a valuation of $700
million.
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