More Than Half of VC-Backed Start-ups Valued at $1Bil+ are B2B

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Twenty of 35 VC-backed startups valued at $1 billion or more are business-to-business companies, including Dropbox Inc., Palantir Technologies Inc. and Cloudera Inc. That’s a higher percentage of B2B startups than during the dot-com bubble years of 1999 and 2000. For some of these startups, the high valuations can help inspire confidence with prospective corporate customers. For others, the overall rise in valuations is reminiscent of previous instances of collective — and misplaced — euphoria. “I’m not worried,” Karim Faris, general partner at Google Ventures, tells CIO Journal. “There’s a lot more meat to the bone this time around than there was in 1999.” The WSJ CIO Journal full list of $1B+ startups is in this article.)