There are a number of social media companies who made it to a billion dollar valuation since they first started in 2004 and onwards. Names like Facebook, HomeAway, Box, Workday, Twitter, Spotify, Zynga, Dropbox, Evernote, Airbnb, Groupon, Square and Instagram started up and are now estimated to have a value between $0.74 Billion to $48 Billion.
Amazingly, the latter figure is Facebook’s market value which has exceeded that of the other social media companies’ market value combined. The number of employees at Groupon is almost 3 times as that of Facebook’s employee headcount yet it didn’t hinder Facebook from gaining more capital raised compared to all social media companies that started later. Twitter may have grown to be a popular social media site although the capital it raised is still more than a thousand million dollars less compared to what Facebook had achieved.
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