21-03-2015 17:00 via feeds.theguardian.com

Pinterest, Snapchat, BuzzFeed – here come tech’s multibillion-dollar babies

In the dotcom boom, $1bn was a number to conjure with. Now many startups are valued at 10 times that, long before achieving flotation – or even profit‘A million dollars isn’t cool. You know what’s cool? A billion dollars.” That immortal line, uttered in the film The Social Network by Justin Timberlake (playing Napster co-founder Sean Parker) to Jesse Eisenberg, playing Facebook founder Mark Zuckerberg, has become the standard for any startup seeking to make a mark on the world. If you�
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