10 ms·

None of those startups are >$50bn in value, except Uber.

• rdl 11y ago
  Would have been valid if he'd said >$5b.
  • falcolas 11y ago
    Do you mean valid as in there are no NY startups at or above that valuation? There are definitely some NY based startups above the $5b mark, though the ones I know of are B2B, not B2C.
    • rdl 11y ago
      Who? Oscar is the biggest one I can think of, and they're <$3b. I'd also bet on at least two of these being >$50b within 3y. {Uber, Lyft, Airbnb, Didi, Meuitan, Ola, Flipkart, Snapchat} (Uber already is, so it's really "a second one")
      • rdl 11y ago
        Oh, WeWork. But I think that's the only one.
      • falcolas 11y ago
        Dataminr at $10b.
        • rdl 11y ago
          Ah! Thanks -- I had them mentally filed as DC/NoVA because I know about them only from Government stuff.
• dmode 11y ago
  That's true, but I was commenting on which startups are most likely to be in that level. If we analyze the companies who have reached that kind of valuation they demonstrate some patterns - 1. Mass market product, that most of the planet can use 2. Mobile first 3. High growth opportunity in Asia. That's why there are so many Asian companies that will become internet behemoths. Looking at the NYC startup list - Oscar health, Etsy, Cockroach DB, MongoDB etc. I don't see that pattern emerging. But that's just my assessment