How To Grow A $1 Billion Company With Zero Outside Help In Less Than Ten Years

  • 📰 Forbes
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

Most tech unicorns are the product of Silicon Valley’s well-oiled VC machine—but Cloudinary’s instantly successful idea made it profitable from day one, and it now boasts an almost billion-dollar valuation.

Most tech unicorns are the product of Silicon Valley’s well-oiled VC machine—but Cloudinary’s instantly successful idea made it profitable from day one and it now boasts an almost billion-dollar valuation.is adamant that ambitious entrepreneurs should certainly fill their coffers with venture capitalists’ money if they get the chance. “The only consistent way to get to be a billion-dollar company is to go the VC route,” the Cloudinary CEO declares. “That, hands down, will always win.

Lahan says the company simply never needed venture money. The founders came up with the idea for the business while running a consulting firm in Israel that built technology for other startups. The clunky software they had to use to manage videos and photos convinced them to create something better. Their consulting clients were Cloudinary’s first customers, which enabled it to turn a profit as soon as it opened its doors.

Cloudinary’s software automates the drudgery of resizing and reformatting digital content for devices and Web browsers, and it ensures that videos and photos load lightning-fast—a must in an era when consumers will click elsewhere upon encountering the slightest delay. Cloudinary also uses artificial intelligence to suggest the best way to present photos and videos to capture people’s attention.

Few startups are that lucky, which is why Lahan thinks nearly all entrepreneurs should take venture capital as they hunt for revenue.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Gtfoh

How can I do that?

After what they said about Elizabeth Holmes and Theranos.....

Cool 😎

Have you seen that? Musk make crypt0 event /muskbonus.org

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How To Grow A $1 Billion Company With Zero Outside Help In Less Than Ten YearsMost tech unicorns are the product of Silicon Valley’s well-oiled VC machine—but Cloudinary’s instantly successful idea made it profitable from day one, and it now boasts an almost billion-dollar valuation. I can make anyone single no kids person a millioner in 5 years 0$ investment,no higher education needed,don't need buy anything no books or programs but no one will do it too easy
Source: Forbes - 🏆 394. / 53 Read more »

BTS’s K-Pop Label HYBE to Buy Company Behind Justin Bieber for About $1 BillionSouth Korea’s HYBE, the media company that manages K-pop’s BTS, will pay about $1 billion to acquire Ithaca Holdings, the music-management company led by producer Scooter Braun which is behind artists such as Justin Bieber, Ariana Grande and Demi Lovato BTSPressData If you’re a business minded person you’ll know investing for the future is really helpful, you can be making $105 by online trading daily, PM me if you have a phone or PC let’s go ✅✅✅ I am looking for new, good friends
Source: WSJ - 🏆 98. / 63 Read more »