A billion dollar software tech company is founded every 3 months *in U.S.

Ron Conway once said: “There’s a billion company created every 3 months. Now, it is every 2 months”. I finally got the chance compile “The Billion Dollar” list. I tried to limit this list to only software tech companies. I also included a couple of near billion dollar companies (~0.7 B and above).

Update: I should clarify that in the context of the quote, he was mostly talking about mostly software tech companies founded (or for the most part operated) in US. There will be plenty of companies outside US (especially China) that will make the list much longer.

He was mostly right. Kind of.

There are about 4 billion dollar software tech companies founded every year, with the exception of 2000-2002.

There was a drought in 2000-2002 because of the dot-com bubble crash. Things started picking up again in late 2003 (Skype in Aug). 2004 became the return of the dot-com era (Facebook, Palantir, Yelp, Evernote).

Update: After the new additions, it seems that 2002 was the drought year.

Look around you. A billion dollar company was born within the last 3 months.

This means that there are about 8 companies in 2011 and 2012 that will become the next big thing. They are not big yet, but we will realize their value in years to come. I have included some companies founded in 2009 and 2010 that I think have the potential. It is much harder to hedge my bets on companies founded in 2011 and 2012.

Update: Google Docs to update new companies. Thanks phreeza (HN)

Company Founded Market Cap/ Valuation*/ Acquired value^
     
SolarWinds 1998 3.9 B
NetSuite 1998 4.3 B
VMware 1998 37 B
OpenTable 1998 Jul 1 B
Google 1998 Sep 210 B
Rackspace 1998 Oct 8 B
PayPal 1998 Dec 1.5 B^
     
Zappos 1999 1.2 B^
SurveyMonkey 1999 1 B*
Opsware 1999 1.6 B^
SalesForce 1999 Mar 19 B
Shutterfly 1999 Dec 0.9 B
     
Netezza 2000 1.7 B^
ArcSight 2000 1.5 B^
ExactTarget 2000 1.3 B
BillMeLater 2000 0.9 B^
Pandora 2000 Jan 1.3 B
TripAdvisor 2000 Feb 4.8 B
     
SuccessFactors 2001 3.4 B^
Guidewire 2001 1.5 B
DealerTrack 2001 1.1 B
     
Jive 2001 Feb 0.8 B
     
Kiva Systems 2000 0.8 B^
LinkedIn 2002 Dec 10 B
     
ServiceNow 2003 3.7 B
     
Skype 2003 Aug 8.5 B^
Glam Media 2003 Sep 0.7 B*
     
Palantir 2004 2.5 B*
Splunk 2004 2.6 B
Kayak 2004 Jan 1.8 B
Facebook 2004 Feb 41 B
Evernote 2004 Sep 1 B*
Yelp 2004 Oct 1.1 B
     
Palo Alto Networks 2005 3.5 B
Box 2005 1.2 B*
Zillow 2005 0.7 B
Bebo 2005 Jan 0.85 B^
HomeAway 2005 Feb 2 B*
YouTube 2005 Feb 1.1 B^
Workday 2005 Mar 7.7 B
     
Millennial Media 2006 1.2 B
Twitter 2006 Mar 8 B*
Demand Media 2006 May 0.7 B
     
Nicira 2007 1.2 B
Gilt Groupe 2007  1 B*
Tumblr 2007 Feb 0.8 B*
Hulu 2007 Mar 2 B*
Dropbox 2007 Jun 4 B*
LivingSocial 2007 Jul 2.9 B*
Zynga 2007 Jul 1.6 B
     
Github 2008 Feb 0.8 B*
AirBnb 2008 Aug 2.5 B*
Yammer 2008 Sep 1.2 B^
Groupon 2008 Nov 1.8 B
Pinterest 2008/09 1 B*
     
Square 2009 Feb 3.2 B*
Storm8 2009 Mar 1 B*
Quora 2009 Jun ~
GetAround 2009 Sep ~
     
Fab 2010 Feb 0.7 B*
Instagram 2010 Mar 1 B^
Stripe 2010 Jun ~
Skillshare 2010 Nov ~
     

Market cap as a public listed company (Nov 2012)
*Rumored valuation based on “word on the street”
^Acquired value is the last acquisition value of the company (e.g. Skype was acquired multiple times)
~Included startups that I project to have a chance to be a billion dollar company
I cannot find all the exact founding dates for all the companies

Let me know if I missed any companies.

Updates: Added Github, Nicira, Workday, Splunk, ServiceNow, DealerTrack, Guidewire, SuccessFactors, ExactTarget, ArcSight, SolarWinds, VMware, Netezza, Millennial Media | Removed Vente Privee, Rovio, Spotify

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