Startups, in general new registered business opportunities, which are often managed by amateurs, fail most of the time. However, the most successful companies nowadays were once startups too. Here’s a list of the best startups ranked this year. The list shows a ranking of startup companies valued at one billion U.S. dollars or more by venture-capital firms worldwide, as of 2016.
Uber is a startup that ruined the taxi service. It enables its users to get a ride on short term service. One can share their current location and get a driver to pick them up and drive them home. Uber charges its users a certain price per mile depending the car the customers wants to use and claims to be cheaper than a New York taxi cab. Users all have a registered account so that they can get charged and the company takes away 20% for its service, while the driver gets 80%. While the estimated annual salary of a normal taxi driver is around 30’000 US$, some Uber drivers are making 90’000 US$. The startup is valued 51 billion US$.
Xiaomi is a private Chinese company with the focus to conquer the market in Consumer electronics and Computer hardware. The in 2010 by Lei Jun founded start up has a revenue of US$20 billion and counts more than 8’100 employees. Only three years after being founded the company conquered the Chinese market and beat even Apple and Samsung. Its estimated worth is 46 billion US$.
Airbnb is a in 2008 founded company for people to list, find, and rent lodging. It has over 1,500,000 listings in 34,000 cities and 190 countries. The 25.5 billion US dollar estimated business is known to be one of the most innovative companies in the world.
Palantir technologies was founded in 2004 by Peter Thiel, Joe Lonsdale,Alex Karp, Stephen Cohen and Nathan Gettings. With an estimated value of 20 billion US$, these young entrepreneurs made themselves big names. As a private American software and services company, which is specialized in Data-Analyses, its original customers were federal agencies of the United States Intelligence Community. In 2014 Palantir was worth 9 billion US$, in 2015 15 billion US$ and as of 2016, their worth went up to 20 billion.The firm currently counts 1’500 employees.
With a revenue of 6.42 billion US$ and over 19’000 employes, Meituan is one of China’s most successful startups. So what is Meituan? It’s a Chinese group buying website for locally found consumer products and retail services. The company generates its commissions from selling vouchers from merchants for deals, while subjecting to a minimum number of buyers who demand a discount.
Snapchat is the fastest growing social media platform in 2016. Its monthly active users should be nearing 200 million. With an estimated value of 16 billion US$, sportevent-managers and other entrepreneurs are starting to promote their business opportunities and activities.