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Altimeter Capital
Altimeter Capital is an American investment firm based in Boston, Massachusetts and Menlo Park, California. The firm focuses on technology investments in both public and private markets globally. Background In 2008, Brad Gerstner founded Altimeter Capital in Boston, Massachusetts. It was launched with less than $3 million from Gerstner's friends and family during the 2008 financial crisis. Prior to that, Gerstner worked at PAR Capital Management as well as General Catalyst. A month after the launch of Altimeter Capital, an office was opened in Menlo Park, California. In 2013, Altimeter Capital closed its first venture capital fund at $75 million. In September 2020, Altimeter Growth Corp was listed on the Nasdaq (Ticker: AGC) raising $450 million. AGC is a SPAC which is a blank-check company. In April 2021 it was announced that AGC would merge with Singapore ridesharing company, Grab to help it list on Nasdaq under the ticker, GRAB. In January 2021, a second SP ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ridesharing Company
A ridesharing company (or ridehailing service) is a company (or service offered by a company) that, via websites and mobile apps, matches passengers with drivers of vehicles for hire that, unlike taxis, cannot legally be hailed from the street. The vehicles used in ridesharing/ridehailing service are called app-taxis or e-taxis. Ridesharing companies were founded beginning in the 2010s, after the proliferation of the Internet and mobile apps. In the 2020s, a few companies began offering rides in Robotaxi, self-driving taxis. The legality of ridesharing companies by jurisdiction varies; in some areas they are considered to be illegal taxi operations, while in other areas, they are subject to regulations that can include requirements for driver background checks, fares, caps on the number of drivers in an area, insurance, licensing, and minimum wage. Studies have shown that ridesharing companies have created net jobs and improved the efficiency of drivers of vehicles for hire du ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Epic Games
Epic Games, Inc. is an American Video game developer, video game and software development, software developer and video game publisher, publisher based in Cary, North Carolina. The company was founded by Tim Sweeney (game developer), Tim Sweeney as Potomac Computer Systems in 1991, originally located in his parents' house in Potomac, Maryland. Following its first commercial video game release, ''ZZT'' (1991), the company became Epic MegaGames, Inc. in early 1992 and brought on Mark Rein (software executive), Mark Rein, who has been its vice president since. After moving the headquarters to Cary in 1999, the studio changed its name to Epic Games. Epic Games developed Unreal Engine, a commercially available game engine which also powers its internally developed video games like ''Fortnite'' and the ''Unreal (video game series), Unreal'', ''Gears of War'', and ''Infinity Blade'' series. In 2014, Unreal Engine was named the "most successful videogame engine" by ''Guinness World Rec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cazoo
Cazoo is a British automotive online marketplace and classified advertising business based in Richmond, London, Richmond, London. Cazoo is currently owned by MOTORS, following its acquisition from Cazoo Holdings Limited by O3 Industries and Novum Capital. History Cazoo Group Cazoo was founded in 2018 by British internet entrepreneur Alex Chesterman. It launched an online marketplace for used cars in December 2019, which became its primary business. It is based in the UK but listed on the New York Stock Exchange following a merger with a special-purpose acquisition company, led by hedge fund manager Dan Och in August 2021. As of its listing the company had a valuation of US$8 billion. It subsequently lost over 97% of its market value, causing Alex Chesterman to step down as CEO in January 2023. In 2021 Cazoo had expanded internationally, launching used car marketplaces in Germany and France, and in early 2022 expanded briefly into Italy and Spain. After announcing redundancies in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ByteDance
ByteDance Ltd. is a Chinese internet technology company headquartered in Haidian, Beijing, and incorporated in the Cayman Islands. Founded by Zhang Yiming, Liang Rubo, and a team of others in 2012, ByteDance developed the video-sharing apps TikTok, Douyin. The company is also the developer of the news platform Toutiao, the video-editing app CapCut, and Lemon8 which is a video sharing mobile app. ByteDance has attracted regulatory and media attention in several countries over security, surveillance, and censorship concerns. History In 2009, software engineer and entrepreneur Zhang Yiming collaborated with his friend Liang Rubo to co-found 99fang.com, a real estate search engine. In early 2012, the pair rented an apartment in Zhongguancun and, along with several other 99fang employees, began developing an app that would use big data algorithms to classify news according to users' preferences, which would later become Toutiao. That March, Yiming and Liang founded By ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
AppDynamics
AppDynamics is a full-stack application performance management (APM) and IT operations analytics (ITOA) company based in San Francisco. The company focuses on managing the performance and availability of applications across cloud computing environments, IT infrastructure, network architecture, digital user experience design, application security threat detection, observability, and data centers. In March 2017, AppDynamics was acquired by Cisco for $3.7 billion. The software intelligence platform is used in enterprise and public sector SaaS applications such as the financial service sector, healthcare, telecom, manufacturing, and government for full-stack observability and IT infrastructure monitoring. History and founding AppDynamics was founded in 2008 by Jyoti Bansal, a former lead software architect at Wily Technologies, a provider of application performance management technology.Demery, Paul. (February 26, 2010)"Priceline Finds a Way to Monitor its Wide World of Applicati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
23andMe
23andMe Holding Co. is an American personal genomics and biotechnology company based in South San Francisco, California. It is best known for providing a direct-to-consumer genetic testing service in which customers provide a saliva testing, saliva sample that is laboratory analysed, using SNP genotyping, single nucleotide polymorphism genotyping, to generate reports relating to the customer's ancestry and genetic predispositions to health-related topics. The company's name is derived from the 23 pairs of chromosomes in a diploid human cell (biology), cell. Founded in 2006, 23andMe soon became the first company to begin offering autosomal DNA testing for ancestry, which all other major companies now use. Its saliva-based direct-to-consumer genetic testing business was named "Invention of the Year" by ''Time (magazine), Time'' in 2008. The company had a previously fraught relationship with the United States Food and Drug Administration (FDA) due to its genetic health tests; as of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Metaverse
The metaverse is a loosely defined term referring to virtual worlds in which users represented by avatars interact, usually in 3D and focused on social and economic connection. The term ''metaverse'' originated in the 1992 science fiction novel '' Snow Crash'' as a portmanteau of " meta" and "universe". In ''Snow Crash'', the metaverse is envisioned as a version of the Internet that is a single, universal, and immersive virtual world, facilitated by the use of virtual reality (VR) and augmented reality (AR) headsets. The term "metaverse" is often linked to virtual reality technology, and beginning in the early 2020s, with Web3. The term has been used as a buzzword by companies to exaggerate the development progress of various related technologies and projects for public relations purposes. Information privacy, user addiction, and user safety are concerns within the metaverse, stemming from challenges facing the social media and video game industries as a whole. History ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mark Zuckerberg
Mark Elliot Zuckerberg (; born May 14, 1984) is an American businessman who co-founded the social media service Facebook and its parent company Meta Platforms, of which he is the chairman, chief executive officer, and controlling shareholder. Zuckerberg has been the subject of multiple lawsuits regarding the creation and ownership of the website as well as issues such as user privacy. Born in White Plains, New York, Zuckerberg briefly attended Harvard College, where he launched Facebook in February 2004 with his roommates Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes. Zuckerberg took the Initial public offering of Facebook, company public in May 2012 with majority shares. He became the world's youngest self-made billionaire in 2008, at age 23, and has consistently ranked among the The World's Billionaires, world's wealthiest individuals. According to ''Forbes'', Zuckerberg's estimated net worth stood at US$221.2 billion as of May 2025, making him the s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Meta Platforms
Meta Platforms, Inc. is an American multinational technology company headquartered in Menlo Park, California. Meta owns and operates several prominent social media platforms and communication services, including Facebook, Instagram, Threads (social network), Threads, Facebook Messenger, Messenger and WhatsApp. The company also operates an advertising network for its own sites and third parties; , advertising accounted for 97.8 percent of its total revenue. The company was originally established in 2004 as TheFacebook, Inc., and was renamed Facebook, Inc. in 2005. In 2021, it rebranded as Meta Platforms, Inc. to reflect a strategic shift toward developing the metaverse—an interconnected digital ecosystem spanning virtual reality, virtual and augmented reality technologies. Meta is considered one of the Big Tech, Big Five American technology companies, alongside Alphabet Inc., Alphabet (Google), Amazon (company), Amazon, Apple Inc., Apple, and Microsoft. In 2023, it was rank ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Continental Holdings
United Airlines, Inc. is a major airline in the United States headquartered in Chicago, Illinois that operates an extensive domestic and international route network across the United States and six continents with more destinations than any other airline. Regional service operated by independent carriers under the brand name United Express feeds its eight hubs and the Star Alliance, of which United was one of the five founding airlines, extends its network throughout the world. United was formed beginning in the late 1920s as an amalgamation of several airlines, the oldest of these being Varney Air Lines, created in 1926 by Walter Varney who later co-founded the predecessor to Continental Airlines. United has ranked among the largest airlines in the world since its founding, often as a result of mergers and acquisitions. History Network Destinations As of 2024, United Airlines flies (or has flown) to the following destinations: Hubs As part of its hub-and-spoke tr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Growth Equity
Growth capital (also called expansion capital and growth equity) is a type of private equity investment, usually a minority interest, in relatively mature companies that are looking for capital to expand or restructure operations, enter new markets or finance a significant acquisition without a change of control of the business. Companies that seek growth capital are often small, rapidly growing, and their assets are often intangible. They will often do so to finance a transformational event in their lifecycle. These companies are likely to be more mature than venture capital funded companies, able to generate revenue and profit but unable to generate sufficient cash to fund major expansions, acquisitions or other investments. Because of this lack of scale, these companies generally can find few alternative conduits to secure capital for growth, so access to growth equity can be critical to pursue necessary facility expansion, sales and marketing initiatives, equipment purchases, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
