At $10 Billion Valuation, America’s Dropbox Leads the Billion-Dollar Startup Club

January 28, 2014

4:42 pm

The excerpt shows the top 10 billion-dollar startup valuations. See the full infographic at the Wall Street Journal Online. (Source: Andrew Garcia / The Wall Street Journal)

According to the Wall Street Journal, Dropbox is America’s most valued startup. Founded in 2007, the cloud storage vendor’s user base has grown to more than 200 million people and has raised $507 million in equity funding. Its most recent $250 million funding round led to the $10 billion valuation by the Wall Street Journal, placing it in the same category as pre-IPO Twitter back in May 2013. However, Dropbox isn’t the only startup that’s valued at over a $1 billion. It’s joined by more than 30 companies across the US, Europe, and China.

In partnership with Dow Jones VentureSource, the Wall Street Journal is tracking startups around the world and keeping an eye on those whose valuations exceed the $1 billion mark. At $10 billion, Dropbox’s valuation matches that of the much-younger Xiaomi, the Chinese mobile Internet company founded in 2010 that recently beat out Samsung in China’s mobile phone market. Other companies in this billion-dollar startup club include Pinterest, Sweden’s Spotify, and Evernote.

Check out the rest of the infographic at the Wall Street Journal. 

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Ronald Barba is a senior writer and editor for Tech.Co. His primary story interests include industry trends, consumer-facing apps/products, the startup lifestyle, business ethics, diversity in tech, and what-is-this-bullsh*t things. Aside from writing about startups and entrepreneurship, Ronald is interested in 'Doctor Who', Murakami, 'The Mindy Project', and fried chicken. He is currently based in New York because he mistakenly studied philosophy in college and is now a "writer". He also likes to cook things; you can check out all the noms on his Instagram. Email Ronald (ronald@tech.co) or tweet @RonaldPBarba. You can also subscribe to him on Facebook or find him on Google.

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