Fastest Growing Startups Ever

Growth has become the number one factor for startups looking for Venture Capital. As a result startups today are

growing faster than they have in the past.

U.S. venture capital-backed startups in 1998 grew revenue by 63% per year on average. Last year, the median

startup grew at 85% CAGR before going public.

Today, a startup’s valuation is mostly based on its ability to hit future growth milestones.

In the age of the unicorns (a start-up company whose valuation has exceeded $1 billion dollars) more than

130 startups are now worth $1 billion or higher

Below you will find a list of

some of the fastest growing startups

ever.

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The wearable steps and fitness devices

by Fitbit have emerged as the

leading product in the emerging and

competitive fitness tracker market with

nearly 11 million sold last year.

Zenefits is a cloud based free human resources application and online

brokerage firm.

In year two, it grew its user base 1,600%, and signed up more than

2,000 companies across 47 states, serving over

50,000 employees.

Groupon offers online coupons for local products

or services. Using the power of collective buying,

the company helps businesses attract

customers in almost 50 countries.

Groupon handled $1 billion in billings within its first

two years.

Founded in 1998, Google was one of the first meta

search sites and become a generic trademark for

internet searches due to its clean and simple

approach.

One year after launch, Google was answering 3.5

million search queries daily.

Salesforce.com offers cloud based applications that

manage employee collaboration. Salesforce

counts more than 100,000 users of its customer

relationship management (CRM) software.

It took just eight years for Salesforce to reach $1 billion

in revenue.

Founded in 2010, Uber has become synonymous with

industry disruption. Uber, an online car sharing service, has

disrupted the personal transportation industry around

the world.

In its first six months, Uber had more than 3,000 users that took more than 10,000

rides.

LinkedIn operates an online professional network designed to help members find jobs, connect

with other professionals, and locate business opportunities. The site has more than 340 million users in some 200

countries.

LinkedIn reached 1 million users in its first 494 days of operation.

Twitter operates a free digital service site that blends social

networking with short messaging. The service has

become a key communication platform and claims more than 230 million users worldwide.

Twitter reached 1 million users in its first two years.

Atlassian, an Australian enterprise software group of

companies develops products geared towards software developers and project

managers.

Atlassian’s first software product achieved $1 million in sales in just 9 months, $14.9 million in

less than three years.

Founded in 1999, Alibaba operates the most popular e-commerce websites in Asia.

Altogether, Alibaba has more than 350 million registered users

resulting in more than 400 million transactions.

Alibaba went from 0% to 84% of all ecommerce purchases in China in less than 4 years.

Founded in 2004, Facebook is the gold

standard in social networking; with more than 1.19 billion active users and 874 million

mobile users.

Facebook reached its first 100 million users in 55 months and its second

100 million just 8 months later.

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and executives to create plans to grow their organizations.

Learn more about our business plan template at

http://www.businessplantemplate.com/