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Division of Small Business

Could your Delaware company be the next $1 billion tech startup?

A recent New York Times article takes a look at how the next generation of billion dollar tech startups will differ from their predecessors.

CB Insights crunched the numbers for the Times and came up with a list of what the venture capital analytics firm thinks could be 50 startups with the potential to reach a $1 billion valuation.

The new generation of startups, the Times reports, is focused on developing software to solve problems for particular industries, such as agriculture, fashion retail or scientific researchers.

That’s a departure from the earlier round of billion dollar startups like airbnb and Uber which focused on using app-based technology to improve things for large groups of consumers, such as vacation travelers or taxi users.

It’s something to consider when you’re deciding to start a technology company.

Click here to read the article.

No matter what industry you’re in, the Delaware Division of Small Business wants to help you start and grow your company in Delaware.

Contact us to see how we can help you.



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