Snowflake
Snowflake is a US cloud-based data-warehousing startup that has already raised about $10 billion. Sequoia, one of the most successful venture funds in the world, has become its bigger investor so far. According to LinkedIn, Snowflake is considered the best employer in Silicon Valley. It can even compete with Microsoft and Oracle. As many other IT companies working on cloud services, Snowflake has managed to make a splash amid the coronavirus pandemic. During the lockdown, demand for cloud technologies spiked up and even small IT companies were able to take advantage of the situation. Analysts reckon that the startup's capitalization may increase to $12-18 billion. Besides, Snowflake has excellent prospects for expanding further.
Starlink
Starlink startup is a global satellite network owned by Elon Musk and SpaceX. Elon Musk plans to launch a constellation of thousands of satellites in low earth orbit to provide low-cost, high-performance Internet access anywhere in the world. If he succeeds, Starlink will become the only Network provider in hard-to-reach and underserved areas. SpaceX expects this project to earn $30 billion in revenue by 2025. Experts believe that the startup will get a competitive advantage in the near future. In 2015, SpaceX began developing Starlink. Nowadays, SpaceX has over 540 Starlink internet satellites in orbit.
Udemy
Established in 2010, Udemy educational platform offers 150,000 courses in 65 languages. In February this year, the startup raised $50 million from Benesse Holdings, the publicly-traded Tokyo-based education and senior care conglomerate. As a result, it brought its total capital raised to $200 million and vaulted Udemy’s valuation to $2 billion. Unlike many other online educational platforms, Udemy provides short-term courses and uses an individual approach to its students. Training on Udemy allows you to get a certificate of completion at large corporations such as Cisco, Microsoft, and PMI.
ThoughtSpot
Founded in 2012, ThoughtSpot is a business intelligence and big data analytics platform. The startup helps the user get information by means of artificial intelligence (AI) and machine learning. Remarkably, ThoughtSpot was launched by a team of engineers who previously worked for Google, Microsoft, Amazon, and Oracle. The company closely cooperates with Walmart, Hulu, Daimler, 7-Eleven, PetCo, Rolls Royce, and others. Last year, ThoughtSpot raised about $248 million in investment. According to preliminary estimates, the startup will be soon valued at $4 billion. In 2019, the company's revenue soared by 108% to $100 million, but the sky's the limit.
Procore Technologies
Procore Technologies startup focuses on developing software for managing construction projects. The platform covers the entire construction cycle – from scratch to the release of the finished product. The company has more than 8,500 clients from the construction industry with projects in 125 countries. In April 2020, the startup raised $5 billion. Now the company is eyeing for an IPO. If the company goes public, the market value of Procore Technologies will spike to $6.5 billion. According to analysts, the startup has all chances to be on a roll in the construction industry. Therefore, it is likely to take the lead in the integrated software market. Currently, Procore actively uses cloud-based services.
Economic inequality remains one of the most pressing issues in today's world. To measure the gap between the rich and the poor in each country, the Gini index is used. This coefficient reflects how income is distributed within a society: the closer the index is to 100, the greater the inequality. Let's explore which countries currently have the highest Gini index values
This year has been pivotal for Bitcoin, the world's leading cryptocurrency. One of the key milestones was the approval of Bitcoin spot ETFs by the US Securities and Exchange Commission. In April 2024, Bitcoin also experienced a halving event, which is typically seen as a positive development for the digital asset. This year, the cryptocurrency is up 57%, and analysts remain optimistic about its future. However, they highlight four key factors that could influence Bitcoin's trajectory, both for better and for worse
Analytical periodical US News and World Report has presented its ranking of the best countries in the world in terms of quality of life, based on a survey of nearly 17,000 people. The list considers factors such as economic and political stability, a strong labor market, income equality, family-friendliness, safety, the quality of education, and healthcare systems. Let's find out which countries made it to the top of this list.
