It was once considered for a startup to cross $1 billion to be a rare event but these 8 startups have proven and become the most valued private businesses.
The cab-hailing app Uber has raised another $10 billion since it launched in 2009. The latest funding was raised at an impressive $62.5 billion valuation.
Airbnb has raised $2.3 billion from Andreessen Horowitz, Sequoia Capital, and others. The startup is currently valued at $25.5 billion.
Dropbox is a cloud storage service relied upon by more than 25 million users. Backed by investors like Y Combinator and Accel Partners, Dropbox has raised $507 million and is currently valued at $10 billion.
Snapchat turned down Facebook’s $3 billion acquisition offer in 2012. Since then the image-messaging app Snapchat has done nothing else but grow, in the last round of funding it raised $175 million and has attained a valuation of $20 billion.
Famous for its cheap but well-designed smartphones and accessories, Xiaomi is China’s highest-valued company it has raised $347 million and is currently valued at $46 billion.
The digital scrapbook service Pinterest has become a staple of the visual web. After raising $800 million from its committed investors, the startup is currently valued at $11 billion.
With the dream of making commercial space travel cheaper and within the reach of common people, SpaceX has raised $115 million and is valued at $12 billion.