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- The Startup Velocity Question
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2016 IPO Prospects: Avast Software Preparing for a Listing, Yet Again
According to a MarketsandMarkets report, the global cyber security market is projected to grow 10% annually to be worth $170.21 billion in 2020. North America is expected to be the largest market on the basis of spending and adoption of cyber security solutions and services. But, the smaller Latin American and Asia-Pacific regions will witness rapid
Billion Dollar Unicorns: TransferWise Makes Money Transfer Simpler and Cheaper
According to a World Bank report, the global remittance market is expected to grow 3.75% annually over the period 2015 through 2017. Another report from LTP estimates that the US is the leader in the global remittance market with a 22% market share of the global remittance volume. The remittance market is dominated by three key
Billion Dollar Unicorns: AUTO1 Group Plans International Expansion
According to IBISWorld, the global market for cars and automobiles is expected to grow 2.5% to $9 trillion. Over 65 million new and used vehicles are expected to be sold in 2016 through dealerships, commission agents, and car auctions. AUTO1 Group has gained entry to the Billion Dollar Unicorn Club by targeting this fragmented market.
Billion Dollar Unicorns: GuaHao Targets China’s Healthcare
According to a Deloitte report, healthcare expenditure in China was about $511.3 billion or 5.4% of its GDP in 2013 and it was projected to grow at 11.8% to reach $892 billion by 2018. However, the quality of service remains dismal. China has 1.8 physicians and 1.7 nurses per 1000 people compared to the US
2016 IPO Prospects: Bloom Energy Likely to Stay Private
According to the Department of Energy, the fuel-cell industry grew to $2.2 billion in 2014, up from $1.3 billion in 2013. The $2 trillion a year electric power industry is poised to grow 80% by 2040 while fuel cell market estimates range from $5.2 billion in 2019 to $40 billion in 2022. Bloom Energy is
Billion Dollar Unicorns: Razer Leads the Gaming Accessory Market
According to Newzoo, global gaming industry revenues were estimated to grow 9.4% to $91.5 billion in 2015. The industry is expected to be worth $107 billion in 2017 driven by gaming on tablets and smartphones. Little wonder then that gaming accessory and platform developer Razer is a member of the Billion Dollar Unicorn club.
HPE Gets Leaner and Focuses on Hybrid Cloud
According to a MarketsandMarkets report, the hybrid cloud market is expected to reach $85 billion in 2019, up from $25 billion in 2014. That translates to a CAGR of 27%, which outpaces the growth of the overall IT market. Hybrid cloud is a strong focus area for HP Enterprise (NYSE: HPE) after the recent split.
Billion Dollar Unicorns: Oscar Plans to Expand Its Network
According to the US Department of Health & Human Services, about 10.2 million people are covered through the Health Insurance Marketplace under the Affordable Care Act. The Affordable Care Act has led to the mushrooming of several startups using technology in sectors related to healthcare. Oscar is one such startup that has made it to