8 Start-ups That Are Making Waves Around The Globe
4. Coinbase
Although Bitcoin was pulled into a tornado last year, it managed to survive. Coinbase is assertive that Bitcoin will continue to linger or at least have some virtual currency to keep its existence alive. Founded in 2012, Coinbase is an outlet or renders a digital wallet for bitcoin transactions.
The business may have been a struggle for founder Brain Armstrong to begin with, but all efforts didn’t go in vain as the following events took a fruitful turn. By the end of 2013, the business managed to generate $25 million in funding, placing it as the top funded Bitcoin startup. Now a report states that a larger round of funding is set in order, with a probable value at about $400 million.
5. Snapchat
This came as a shock to most people when reports stated that Snapchat, a startup with no source of revenue is valued at $10billion which is worth five times as much as the New York Times. Since then it has become clear that snapchat has its ways of generating money. It is expected that this year Snapchat will catchup to big social media companies.
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