Unexpected News & Facts About Today’s Billion Dollar Companies

The Startup Grind Team
Startup Grind

Newsletter

2 min readAug 23, 2016

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Good news👏🏾 — In 2 months, Startup Grind has become the 11th largest publication on Medium. We’ll be celebrating this accomplishment in LA this September.

We’ve got our eyes on #1 in tech and startups. Stay tuned 👀 for more pieces from Lean Startup pioneer Steve Blank, Hooked author Nir Eyal, and our hundreds of SG writers ✏️.

Miss out recent news 🤓📰? We got you.

  • The LA tech scene is made to shine. Just see Dollar Shave Club. They turned a funny video on Youtube into a $1billion 💸 exit to Unilever. Link
  • Snapchat was on the controversy spotlight when they released a filter about the Asian community. Snapchat — diverse teams make better products. Link
  • Uber acquired self-driving truck startup Otto. Uber is logistics, not just a replacement of taxis. Link
  • Marc Lore, founder of Jet.com, just took the longest interview to become a Walmart employee, and he signed a pretty good deal 💰. Link
  • Successful CEOs Brit Morin & Julia Hartz backfired at Silicon Valley startups’ branding strategy. 80% of Silicon Valley startups are missing huge opportunity.” Link

5 unexpected facts ✏️ you didn’t know about:

  1. Alibaba, Slack, Github, and 5+ companies that were built 🛠 using outsourced developers. Link
  2. It might take 4 years, but bootstrapping a SaaS company is possible. But don’t take our words for Jason Lemkin from SaaStr has the stats to prove it. Link
  3. Postmates CEO dreamed to be a film director 📽. Link
  4. Prolific investor Sacca’s biggest misses includes Snapchat & Airbnb. Link
  5. After visiting his first nightclub, 18-year-old Scott Harrison, Founder Charity:Water was hooked. Link

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The Startup Grind Team
Startup Grind

Stories & strategies curated by the Startup Grind global community. Interested in submitting? Visit our submission form: https://airtable.com/shrShpeN89HrzCzOB