World's 20 Most Valuable Private Tech Companies
Bangalore: An idea springs up, and then a company on it. Some make it big and some find solace in the oblivion. Read on to know the 20 most valuable private tech companies of world, compiled by Business Insider, who are fighting it out for top position.
Estimated Value: $1.2 billion
Last Year’s Rank: #13
Business: Online video service that offers a selection of TV shows, clips and movies.
Location: Los Angeles, California
CEO: Jason Kilar
Hulu is a website offering over-the-top content (OTT: it is a broadband delivery of video and audio without the internet service provider being involved in the control or distribution of the content itself) subscription service offering ad-supported on demand streaming of videos of TV shows, movies, webisodes, and trailer, clips, behind the scene footage from NBC, Fox, ABC, CBS, Nickelodeon. The service is only available in U.S and Japan.
Hulu is striving in the space dominated by multi players; the catch is that, Hulu’s licensing agreements can be taken away in a moment. The company is estimated at $1.2 billion.