The Prestigious Billion Dollar Club: 12 Hot Startups That Nailed It right
11. Spotify
Net worth: $1 Billion
It provides digital music services that gives you access to millions of songs. The funding for this company took place on June 17, 2011 and it was given $100 million to boost up its operations. The key investors of this company are Digital Sky Technologies, Accel Partners, Kleiner Perkins Caufield & Byers. It is rumored that the current valuation of the company has exceeded $4 billion.
10. Gilt Groupe
Net worth: $1 Billion
Gilt is an online shopping portal which allows users to have insider access to today’s top brands. This company has also joined the billion dollar club with its net worth. It was funded on the October 5, 2011 for a whopping $138 million and the key investors of this company are Goldman Sachs and Softbank Group. Susan Lyne is the chairman of the company. This shopping portal also gives 60% off on most of the products which is probably the reason for this company to grow and expand monetarily.