Data and Financial Journalist
In April 2012, Facebook (NASDAQ:FB) acquired 18-month-old Instagram, which had only 30 million users and no revenue. At that time, $1 billion worth of deal seemed too big for a small startup like Instagram. But years later, the photo filter app boasts of having more than 600 million users and is proving to be a…
With venture capitalists pouring money into start-ups, the industry has been thriving since 2009. Many have crossed $1Billion-mark but have shied away from going public, raising concerns that many such huge startups may indeed be over-valued.
Five Decacorns with a combined valuation of nearly $200 billion may remain private for a good portion of 2017.