The minotaurs: Meet the billion-dollar babies

 The 55 minotaur companies

 
What’s better than being a unicorn — a private company worth a billion dollars? Raising a billion dollars.

-Meet the minotaurs — the term Axios’ Felix Salmon coined for companies that would be worth more than $1 billion even if all they did was to take the cash they raised and put it in a checking account.

-Axios found 55 minotaurs as of early 2019. That’s more than the 39 unicorns found by venture capitalist Aileen Lee when she invented the concept just over five years ago. (There are well over 300 unicorns today.)

-The first minotaur was Alibaba, in 2005. The first American minotaur was Facebook, in 2011, followed within a month by Groupon and Zynga.

Περισσότερα εδώ: Meet the billion-dollar startups

 
Here, now: The world’s 55 minotaurs, generated for Axios by PitchBook. Tap on the graphic to get the names of the companies and how much they’ve raised.

The big picture: In aggregate, they’ve raised more than $150 billion of equity capital. That’s an average of $2.8 billion each.

Περισσότερα εδώ: The 55 minotaur companies

Πηγή: axios.com