Here Are The 10 Fastest $1 Billion Exits In Startup History

Ankita Banerjee

Aim for the long race when starting a start-up. But that’s not the only way. Amidst the talks on mushrooming funding rounds and all that jazz, a gala exit became cooler than being a $1 billion start-up. The term $1 billion+ exit especially created a buzz in the sector last year with Wal-Mart’s $3.3B acquisition of Jet.com. It was, however, only the sixth fastest $1 billion+ exit. The deal as well, albeit impressive, was not among the biggest returns. Facebook’s $22B purchase of Whatsapp (raised about $58 million) becomes legendary in start-up history, as far as the size of returns among fastest exists are concerned. Among the top 10 fastest $1 billion+ exits, Facebook alone acquired 3 – Oculus, Instagram and Whatsapp. Check out them in detail below.

top startups in ireland

Top 5 Most Innovative Irish Start-ups

Ankita Banerjee

Irish start-up ecosystem is making news for all good reasons. Its 12.5% corporate tax rate is one of the lowest in Europe, making the country a prospective destination for multinationals. As a result, Ireland now has nearly 2,250 start-ups, same as Amsterdam. Amsterdam, however, has more than three times population. If that doesn’t demonstrates the growth of Irish start-ups well enough then here’s a list of top start-ups in Ireland to watch out for next year.

Famous Companies And Startups Founded By BITS Pilani Alumni

Ankita Banerjee

Unlike the IITs, BITS Pilani is about many other things along with education. Entrepreneurship, for example. If we go by the accounts of its alumni, BITS focuses on overall development and leadership quality of students. Their annual start-up events like Conquest and strong alumni networks led to entrepreneurship culture among students. And when you have opportunity, suitable infrastructure and necessary network support, every dream is achievable. These BITS Pilani alumni proved this right.