Billion Dollar Unicorns: GitHub Faces Growing Pains

Software has increasingly become pervasive in all kinds of businesses driven by the use of open source. It allows businesses to get high-quality programs while saving on licensing fees and programming costs. It has led to several disruptive companies that have gone on to become billion dollar businesses. GitHub is a Billion Dollar Unicorn that

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Workday Continues Expansion Amid Losses

According to a Gartner report published earlier this year, the global cloud application services, including SaaS offerings, is expected to grow 20% this year to $37.7 billion. The market was estimated to have grown 16% in 2015 to $31.4 billion. Gartner attributes this growth to the shift in the models of software vendors who are transitioning from on-premises

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Billion Dollar Unicorns: Moderna Therapeutics A Promising, Unproven Bet

According to a ResearchandMarkets report, the global protein therapeutics market is expected to reach $208 billion by the end of 2020. Moderna Therapeutics is a startup in the field that has captured the imagination of VCs and waltzed into the Billion Dollar Unicorn Club.

SecureWorks After Its IPO

According to Gartner, the worldwide cyber security market was estimated to grow 4.7% to $75.4 billion in 2015. Growth in cloud computing, mobile computing, and the Internet of Things as well as advanced cyber attacks have spurred interest in security technologies. Another report by MarketsAndMarkets expects the global cyber security to grow 9.8% annually over the next five

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2016 IPO Prospects: BigCommerce Prepares to List

According to market research firm eMarketer, global e-commerce sales will be worth $3.5 trillion by the year 2019. By 2019, e-commerce is estimated to account for 12.4% of total retail sales compared with 7.3% share in 2014. Australian company BigCommerce is helping turn this growth forecast into reality.

Billion Dollar Unicorns: WeWork Riding the Sharing Economy Wave

About 80% US consumers are expected to be using the sharing economy by 2017 and about 40% people are expected to be freelancers by 2020. These factors coupled with the surge in VC funding for sharing economy startups are driving up the value of shared-office company WeWork, which is among the top ten Billion Dollar

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Billion Dollar Unicorns: Souq.com the Middle East Entry to the Club

According to a PayPal report, the e-commerce market in the Middle East was expected to be worth $15 billion in 2015, with about 10% of the transactions occurring on mobile devices. Another report from Payfort put the value of the e-commerce sector in the Middle East at $7 billion in 2015 and projected that the

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From Unicorn to Unicorpse: Zomato Flounders

Over the past year, several companies have seen their valuations plummet. After years of stellar increases in valuation, some of it unjustified, the VCs have finally begun to reevaluate business models and assign justifiable valuations to companies. The process has resulted in the creation of several unicorpses*. One such story is that of India’s restaurant

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