4 ms·

Wait until we have the first 1 person startup valued at $1 billion (it is only a matter of time). I don't think this is from a bubble, but how new technology c

by jasondc 11y ago

Wait until we have the first 1 person startup valued at $1 billion (it is only a matter of time). I don't think this is from a bubble, but how new technology can let companies grow very quickly (AWS for hosting, social networks for word of mouth, etc.)

brianbreslin 11y ago
what is the smallest billion $ startup at time of sale? Instagram?
- stevewilhelm 11y ago
  Instagram 12 employees, WhatsApp had 55, Tumblr 178 [1] http://www.dailymail.co.uk/news/article-2127343/Facebook-buys-Instagram-13-employees-share-100m-CEO-Kevin-Systrom-set-make-400m.html http://www.dailymail.co.uk/news/article-2127343/Facebook-buy... [2] http://pando.com/2014/02/24/whatsapp-bought-for-19-billion-what-do-its-employees-get/ http://pando.com/2014/02/24/whatsapp-bought-for-19-billion-w... [3] http://www.bloomberg.com/bw/articles/2013-05-22/what-tumblrs-millionaires-tell-us-about-the-tech-industry http://www.bloomberg.com/bw/articles/2013-05-22/what-tumblrs...
- deleted 11y ago
  [deleted]
- beat 11y ago
  WhatsApp, probably.
  - basch 11y ago
    $22 billion / 55 employees SO $.35 billion / employee
dopamean 11y ago
I don't know much about it but I'm sure Minecraft was worth a shitload for a while when Notch was the only one developing it.
- k-mcgrady 11y ago
  But unlike most companies in SV they were worth a lot because they were making a lot of money! They were selling a product, not giving it away and praying they got bought or found an innovative new advertising model.
  - dopamean 11y ago
    Even more impressive. An actual business.