World's 20 Most Valuable Private Tech Companies
#2 Bloomberg
Estimated Value: $35 billion
Last Year's Rank: N/A
Business: Business and financial market media outlet
Location: New York, New York
CEO: Daniel Doctoroff
In 2008, the company was worth an estimated $25 billion. Bloomberg's 2011 revenue was $7.6 billion, up 10.5% from 2010.
Although Bloomberg is comprised of many different businesses including financial news and data service to computer software, at its core, it is a media company. It had a healthy 5X multiple on 2011 revenue for a valuation for $35 billion.
#1 Alibaba Group
Estimated Value: $40 billion
Last Year's Rank: N/A
Business: Alibaba is a B2B ( business to business) marketplace for international and domestic China trade.
Location: Hangzhou, China
CEO: Jack Ma
Yahoo recently sold half its stake in Alibaba, following the restructuring measures to help the ailing tech giant. Currently, the Chinese e-commerce giant is valuated at $40 billion. It's the largest private non-LBO financing ever for a technology company globally.
