- Startup founders were asked in a recent survey which private company they predict will increase its valuation the most over the next decade.
- Of the 529 founders, 19% of them – around 100 – agreed on one company.
- These are the 10 most popular predictions from founders.
A lot can happen in the tech industry in a decade, but a recent survey of more than 500 startup founders shows that many are in agreement about which companies have a bright future ahead.
The State of Startups survey, published annually by venture capital firm First Round, asked founders about their thoughts on the current state of tech, views on investment and funding, and outlooks for the tech industry in the future.
Of the 529 tech startup founders polled, 19% had the same answer when asked which private company would increase its valuation the most in the next 10 years. That’s an estimated 100 founders in agreement that venture capital funding is likely to pour into at least one particular startup and boost its valuation considerably.
Here are the 10 private companies in the US that founders predict will increase their valuation the most in the next decade, ranked by the percentage of the vote they received:
10. Pinterest — 1.6% of votes
Most recent valuation: $US12.3 billion (June 2017)
Company role: Bulletin board-like platform for discovering creative ideas.
Going public? Pinterest is reportedly planning a mid-2019 IPO.
9. Lyft — 4.7% of votes
Most recent valuation: $US15.1 billion (June 2018)
Company role: App for ride-hailing services
Going public? Lyft filed paperwork for an IPO in early December, and is expected to officially go public in early 2019.
8. Uber — 5.3% of votes
Most recent valuation: $US76 billion (August 2018)
Company role: App for ride-hailing and delivery services
Going public? Uber filed paperwork to go public “as soon as the first quarter” in 2019.
7. WeWork — 6.3% of votes
Most recent valuation: $US42 billion (November 2018)
Company role: Coworking spaces for businesses and co-living spaces for people
Going public? WeWork’s IPO has been much anticipated, but big investments from SoftBank are reportedly allowing the startup to delay going public.
6. Palantir — 6.8% of votes
Most recent valuation: $US20 billion (June 2015)
Company role: Data analytics provider
Going public? Most recently, Palantir reportedly asked investment bankers about an IPO in 2020.
5. Airbnb — 9.8% of votes
Most recent valuation: $US31 billion (March 2017)
Company role: Short-term home and apartment rental services
Going public? Airbnb’s CEO has said the company will be ready to go public by June 30, 2019.
4. Slack — 11.3% of votes
Most recent valuation: $US7.1 billion (August 2018)
Company role: Messaging platform for workplace collaboration.
Going public? Slack is reportedly eyeing an IPO in early 2019.
3. Coinbase — 12.1% of votes
Most recent valuation: $US8 billion (October 2018)
Company role: Cryptocurrency exchange platform
Going public? Coinbase recently said in an October interview it didn’t plan on an IPO anytime soon, despite reports it was exploring going public.
2. SpaceX — 12.7% of votes
Most recent valuation: $US27.5 billion (April 2018)
Company role: Manufactures rockets and space transportation vehicles
Going public? COO Gwynne Shotwell said in May that SpaceX would not make any plans for an IPO until the company is “flying regularly to Mars.”
1. Stripe — 19.0% of votes
Most recent valuation: $US20 billion (September 2018)
Company role: online payments platform
Going public? COO Claire Hughes Johnson said in a September interview Stripe has no current plans to go public.
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