Worth Billions, But Not Making a Dime


by Michael Collier on Oct 30, 2013 | Views: 251 | Score: 1
Current Valuation (billions of $US)
Twitter11
Yelp4.4
Pinterest3.8
Spotify3
Snapchat3
Tumblr1.1
Instagram1
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Michael Collier
Michael Collier on Oct 30, 2013 5:17 PM said:

Recently, many Internet firms—typically those in the business of social media—are amassing billion-dollar valuations without earning a dime. Venture capitalists and other investors hope that today’s scrappy startup is tomorrow’s Apple or Google. Here’s a look at some companies that have crossed the $1 billion valuation threshold without having to worry about actually making money.