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These Companies Were Non-Existent When President Obama Took Office; Today They Are Worth Billions

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These Companies Were Non-Existent When President Obama Took Office; Today They Are Worth Billions

President Barack Obama's second term will come to an end in just a few short weeks. CNBC took the opportunity to list several companies that are now valued at more than $1 billion — dubbed "unicorns" within the venture capital community.

These are all impressive stories of entrepreneurship as the companies did not even exist when Obama was sworn into office for the first time on January 20, 2009:

1. Uber, the popular ride sharing platform, started in 2009 and now operates in over 500 cities and worth more than $60 billion.

2. Pinterest, a content sharing service, launched in 2010 and is now worth $11 billion.

3. Wework, an office space provider, also launched in 2010 and is now worth over $10 billion.

4. Snapchat, a social media platform, started in 2011 and the app now boasts 150 million daily active users and is expected to go public in 2017.

5. Stripe, a mobile payments start up, was founded in 2011 and is now worth more than $9 billion.

6. Lyft, a competing ride sharing platform, started in 2012 and is worth $5.5 billion today.

7. Slack, a workplace messaging app, started in 2014, and is now worth $4 billion.

Posted-In: CNBC CNBC Lyft pinterest President Obama SlackTop Stories Media Best of Benzinga

 

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