17 billion-dollar startups that didn’t exist 5 years ago

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Slack: $3.8 billion

slack

Slack was originally founded as Tiny Speck, a gaming company, in 2009. After the game flopped, founder Stewart Butterfiled realized that the messaging app they had built internally could be a big business. Slack brings all your communication together in one place. It’s real-time messaging, archiving and search for modern teams.

Zenefits: $4.5 billion

Zenefits

Zenefits is free online HR Software that gives your team a single place to manage all your human resource needs such as payroll, benefits and compliance. Founded in 2012, Zenefits has raised almost $600 million in venture capital, bringing the value to $4.5 billion. Despite the companies rapid increase, they have recently hit a bump in the road with a CEO change, investigations into business practices and layoffs.

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Written by Katie Henderson

Katie Henderson is the Strategy editor at Business Pundit. She writes articles that help business owners, executives, and employees better understand how to run a business and work as effective employees.