Silicon Valley is the hub for the world’s leading tech giant companies that are owned by prominent entrepreneurs and leaders who are among the richest people on planet Earth. But it’s not only the woman behind every successful man (excuse the pun); it’s also the vision and extraordinary hard work that made them succeed exceptionally.
These leaders had the capability to think out of the box, which led them to create the emperors that provided world-class products and services. Silicon Valley is full of innovations and discoveries, with myriad tech startup businesses that rose to fame overnight, and are still the giants in the competition.
It would not be an exaggeration to regard Silicon Valley as the host to the largest creation of wealth in history. “At the core of Silicon Valley is a passion for yes”, says Steven Levy. If you are looking to learn from the experience of industry leaders to forge your path for a sustained and rapid startup, then here is the guide about the top 5 tech startups that changed Silicon Valley forever.
Twitter was launched on July 15, 2006, by Jack Dorsey, an American technology entrepreneur, and philanthropist. Dorsey was also a college dropout just like other leading entrepreneurs such as Mark Zuckerberg, Bill Gates, and Steve Jobs. Just within four years, Twitter had been able to attract 105 million users.
In 2015, the CEO and co-founder Jack Dorsey announced the cutting of 8% of their company workforce, saying that they wanted to organize the company’s top product priorities and drive efficiencies throughout the company. Just on the first day of trading, its stock share price rose from $26 to $45. Currently, Twitter has more than 353 million active users worldwide, and a net worth of over $40 billion.
Uber is the world’s famous ride-hailing, freight transportation, food, and package delivery service company. It was founded by Travis Kalanick who is an American businessman and former CEO of the company. Kalanick used smartphone technology and combined it with the algorithms of geolocation systems and cloud computing.
At its launching year in 2009, the company offered only three cars for hire. Later on, in 2012, the company managed to expand its services to more than 360 cities, spanning over 66 countries. The company was rated 2nd in the list of most disruptive companies in the world by CNBC in 2018. Uber has more than 75 million active users, with a net worth of over $14.1 billion.
Airbnb is an American vacation rental online company that allows users to book rental houses and shared rooms via its app or website. It was founded by Brian Chesky, who is an American businessman and [resent CEO of the company. The company was launched in 2007 out of necessity when founder Chesky and one of his roommates went out to rent their apartment in need of money. Little they knew that soon their accidental renting would turn into a billion-dollar dream in the face of Airbnb.
In 2008, the founders accepted funding from the seed money startup accelerator company YCombinator and inaugurated offices from America to Europe soon after the inception. Airbnb had managed to gather $20 billion by 2015 and has a current market capitalization of about $100 billion.
Apple is an American based multinational tech company that provides online services, computer software, and sells consumer electronics such as smartphones, tablets, etc. It was founded on 1st April 1976 by one of the most influential entrepreneurs of the world, Steve Jobs. Jobs has proven his worth not only in his living but even after years of his demise. He had a vision for progressive and technologically advanced culture, this is why his company is flourishing as one of the premium mobile phone developers in the world.
Apple is known to produce pioneering innovative products such as, but not limited to, iPad, iPhones, and MacBook. Apple has over 1.5 billion active devices in the world and a net worth of more than $2 trillion. The company also holds the title of being the first U.S. Company to cross a revenue of $2 trillion.
Facebook is the most renowned social networking service company. It was founded on February 4th, 2004, by Mark Zuckerberg along with his fellow roommates while they were students at Harvard University. Zuckerberg serves as the CEO of Facebook who started his business from a small dorm room in his college, which is now recognized as the tech-mammoth company in the Silicon Valley.
Facebook is regarded as one of the most valuable companies globally by market capitalization, and also among the Big Five information technology companies in the United States. In 2014, Facebook had 1.34 million active users, which has now increased exponentially to more than 1.69 billion active users in 2020 throughout the world. Moreover, the company has an overall net worth of $528 billion, which is also expected to increase drastically in 2021.
These were the 5 tech startups that changed Silicon Valley forever – and also the world – with their astonishing tech startup strategies and visionary skills to bring the change. These are not merely awe-inspiring stories, rather, they serve as the life-lessons to those who are afraid to leap a step ahead of their fears.
We all have fears, but only a few have the vision, to lead the world and prove their worth by learning from the experience of giant innovators and their discoveries. Startups are always shaky, but with true perseverance and hard work, they can be transformed into the inspiration for those aspiring to be future leaders and successful entrepreneurs.