Altcoin News: Coinbase and Ripple Dropped out of the List of TOP 10 US Startups
Coinbase and Ripple, the XRP cryptocurrency issuer, have left the top ten US startups on the new LinkedIn list, which was published on Wednesday.
In the new edition, Coinbase took 29th place, Ripple — 28. Last year, two companies were awarded 3rd and 7th places in the ranking of the business social network, respectively.
LinkedIn evaluates the popularity of American companies by analyzing their performance on four criteria: employee growth, job seeker interest, user interaction with the company and its employees. The list may include companies founded no later than 7 years ago, with at least 50 employees, privately owned and located in the United States.
Coinbase and Ripple were founded in 2012. Accordingly, next year they will not be able to get on this list since by the time of its compilation they will be older than 7 years.
The first place in the ranking of 2019 was taken by Snowflake Computing, a company developing cloud storage solutions. Robinhood, the developer of the application for investments in securities and cryptocurrencies, was in 7th place. Fintech-startup Plaid, which provides its services to Coinbase and the creator of the cryptocurrency wallet Abra, among others, first time got on the LinkedIn list and took 49th place.
Author: Marko Vidrih