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Anyone have a link/list of notable billion plus market cap companies that reached this valuation without using equity exchanges?
by O__________O 4y ago
Anyone have a link/list of notable billion plus market cap companies that reached this valuation without using equity exchanges?
- KRAKRISMOTT 4y agoZapier?
- O__________O 4y agoAppears they raised over million back in 2012: https://google.com/search?q=zapier+funding+million https://google.com/search?q=zapier+funding+million
- naturalauction 4y agoZoho is one.
- O__________O 4y agoAgree, appears to be accurate; only reference to outside funding was an anonymous entry date April 1st, 2000 — which is April fools day: - https://www.cbinsights.com/company/zoho/financials https://www.cbinsights.com/company/zoho/financials Here’s an article that appears to back the claim: - https://techcrunch.com/2022/09/10/how-zoho-became-1b-company-without-a-dime-of-external-investment/ https://techcrunch.com/2022/09/10/how-zoho-became-1b-company...
- O__________O 4y agoAppears founder may only have 5% of Zoho now: >> While Vembu has been running Zoho for nearly a quarter century, his sister Radha and brother Sekar own the bulk of the company, according to Indian filings. A product manager at Zoho, Radha has a 47.8% stake in the company that’s currently worth an estimated $2.2 billion. Sekar, founder of Vembu Technologies in Chennai, owns 35.2% worth $1.6 billion. Vembu owns 5%, worth $225 million. The family, now worth at least $4 billion, was ranked No. 48 on Forbes’ 2022 list of India’s 100 Richest under Sridhar’s name due to his prominence as founder and CEO. Source: - https://www.forbes.com/sites/luisakroll/2023/03/13/zoho-srindhar-vembu-in-high-stakes-divorce-battle-estranged-wife-of-indian-software-tycoon-claims-he-transferred-ownership-without-telling-her/ https://www.forbes.com/sites/luisakroll/2023/03/13/zoho-srin...