1. INTERNET HALL OF FAME
10 THINGS YOU NEED TO KNOW ABOUT THE WORLD OF
INTERNET COMPANIES ACROSS 50 COUNTRIES
PRESENTED BY:

2. • 50 countries were selected to represent 6 continents, different levels of development, population size, and, obviously, Internet penetration
• Each country is represented by the 3 largest Internet companies by valuation at its peak
• Country’s value is used as a synonym to that country’s largest Internet company’s value
• Internet companies are defined as businesses which do majority of its operations online in a scalable manner. ISPs, Software
development houses without products do not qualify
• IMPORTANT: A number of companies have majority of their employees outside the country they were founded in (Home country). In these
situations, we match the company to the country its employees are in, rather than where it was founded
• Data gathering involved online sources, stock market data, companies themselves and information from the community. For the list of our
incredible ambassadors, see the final slide
ABOUT THE RESEARCH
In each of the
50Countries
From
6Continents
Biggest
3Internet Companies
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3. LET’S
BEGIN…
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4. Fact #1
29 countries have at least one $1B
Internet company
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5. 10 THINGS YOU NEED TO KNOW ABOUT THE WORLD
OF INTERNET COMPANIES
List of 29
“Billion $
Club”
countries and
the largest
Internet
companies in
each
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6. #2
Google has a higher valuation than the
remaining 49 countries combined
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7. If we added together the value of the top 49 Internet companies from each of the
remaining 49 countries, the combined total would still be less than the highest market
valuation of Google. In other words, if you had access to Google’s worth in your
bank account, you would have enough money to purchase the top 49 Internet
companies and still have a cool $10B left over to enjoy life.
10 THINGS YOU NEED TO KNOW ABOUT THE WORLD
OF INTERNET COMPANIES
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8. #3
Alibaba, China’s e-commerce
giant, has a valuation equal to
the remaining 48 countries
combined
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9. Outside the US, Alibaba (China / E-
commerce) by far has the largest value
of an Internet company. Its value is
equivalent to the remaining 48
companies combined.
10 THINGS YOU NEED TO KNOW ABOUT THE WORLD
OF INTERNET COMPANIES
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10. #4
On average, Communication is
the most valuable Internet
industry
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11. The average value of
companies in the
communication industry
is close to $20B. In
comparison, media
companies are worth
around $5B.
Data comes from Top
3 Internet companies in
each of the 50
countries.
10 THINGS YOU NEED TO KNOW ABOUT THE WORLD
OF INTERNET COMPANIES
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12. #5
E-Commerce and Search are the
most popular industries
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13. Out of 150 companies, the most popular industry is E-Commerce.
Search takes the second position. These are the fundamental
building blocks of Internet industry in every country.
10 THINGS YOU NEED TO KNOW ABOUT THE WORLD
OF INTERNET COMPANIES
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14. #6
Public companies are 6x bigger
than Private companies, which
are 10x bigger than Acquired
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15. Out of 150 companies,
Public companies are on
average worth 6x more than
Private companies. Private
companies are 10x more
valuable than an average
value of acquisitions.
10 THINGS YOU NEED TO KNOW ABOUT THE WORLD
OF INTERNET COMPANIES
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16. #7
Search and Gaming are the “most
mature” industries
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17. On average, Search companies were started just before
year 2000. Gaming is the second “most mature” industry,
whereas B2B industry claims to have the highest number of
companies started around 2006 and deserves to be called
the “quickest way to get rich”.
10 THINGS YOU NEED TO KNOW ABOUT THE WORLD
OF INTERNET COMPANIES
Full report: worldstartupwiki.org
Search
Gaming
Payments
E-Commerce
Media
Communication
SaaS
B2B
1999
2000
2001
2002
2003
2004
2005
2006

18. #8
Oceania has the “oldest” companies,
followed by North America
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19. Companies founded in Oceania are the “oldest”
companies based on the average founding date.
North America claims the second spot.
Interestingly, Asia took the third spot with almost
two year older companies than Europe.
10 THINGS YOU NEED TO KNOW ABOUT THE WORLD
OF INTERNET COMPANIES
Oceania
North America
Asia
Europe
Africa
South America
1998
1999
2000
2001
2002
2003
2004
2005
2006
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20. #9
10 Countries with the highest valued
companies come from 5 continents –
except EUROPE
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21. Asia, 5
North America,
2
Africa, 1
Oceania, 1
South
America,
1
TOP 10 Highest Valued
Internet Companies
Breakdown By Continent:
• Asia (5)
• North America (2)
• Africa (1)
• Oceania (1)
• South America (1)
Where is EUROPE?
10 THINGS YOU NEED TO KNOW ABOUT THE WORLD
OF INTERNET COMPANIES
Interesting to note that Europe does not house a TOP 10 company presently,
however when you examine spots 11-20, Europe claims the majority by housing 8 of
those companies. Taking a closer look, you can reason that though Europe does not
have a large enough market to compete with dominant powerhouses such as the US
or China, its countries are large enough to enable company valuations above $1B.
European companies looking to scale should learn from Australia, where a relatively
small local market size is leveraged well to expand globally.
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22. #10
Of the TOP 10 Countries by
company valuation, 8 companies are
Public, 1 filed for IPO, 1 is Private.
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23. Companies from the
TOP 10 Countries with
highest valuations are:
• Public (8)
• About to go IPO (1)
• Private (1)
10 THINGS YOU NEED TO KNOW ABOUT THE WORLD
OF INTERNET COMPANIES
8 out of 10 companies are public which proves that going
IPO creates the highest value for the company.
So, what is Your Exit Strategy?
Public
Filed for IPO
Private
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24. TAKEAWAYS
BE REALISTIC Only in very few cases will you be able to outperform the ecosystem’s
biggest companies by more than a 100%. If you want to build a $100-Billion company, you
have to go to the US or China.
SOLVE “OLD” PROBLEMS Depending on your country, opportunities could be
closer than you think. Search and E-commerce might not be the most innovative industries, but
these are essential ingredients in every country’s Internet ecosystem.
BE PATIENT News headlines are full of over-night successes – Instagram, Snapchat, etc.
However, building successful companies takes time. On average, you will take 7 to 10 years to
build over $1B company. These things take time. Don’t rush it.
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25. Algeria: Imadeddine Aziez (National Polytechnic school)
Argentina: Leandro Pisaroni (Incutex) - Drew Beaurline
(Construct) - Martin Vivas (FoundersLatam)
Belgium: Omar Mohout (Sirris)
Canada: Jake Hirsch-Allen
Chile: Carlos Leiva (AndesBeat)
Colombia: Conrad Egusa (Espacio) & Leonardo Suarez
(Torrenegralabs)
Costa Rica: Ignacio Castro (Startup Costa Rica)
Czech Republic: Lukas Maixner (Socialbakers), Michal
Andera (byznyspark.cz)
Denmark: Rune Theill (Rockstart) & Lasse Chor
(Happiestmanalive)
Estonia: Anca Albu (CEE Changers) & Lauri Antalainen
(GameFounders)
Ethiopia: Tewodros Sisay (Deloitte)
Finland: Will Cardwell (Aalto University)
Germany: Daan Loening (kinderfee.de)
Hungary: Anca Albu (CEE Changers)
India: Dilip Sridhar (Unvired)
Indonesia: Tyovan Ari (Vemobo) & Dmitry Levit (Digital
Media Partners)
Iran: Mohsen Malayeri (IEA)
Ireland: John Whelan
Israel: Jared Fleitman (TAMID)
Kenya: Roger Gichuhi (buni.tv)
Korea: Bernard Moon (SparkLabs Global Ventures)
Kosovo: Alejtin Berisha (Universum College)
Kuwait: Abdullah Alshalabi (Fishfishme)
Latvia: Artis Kehris (Ask.fm), Michel Berkov (ConFide)
Malaysia: Daniel Cerventus (TEDx)
Netherlands: Rogier Senn van Basel (firstrateadv.com)
New Zealand: Ben Reid (Memia)
Peru: Demis Estabridis (Lima Valley)
Philippines: Dmitry Levit (Digital Media Partners)
Poland: Ai Kordek (CEE Startup Awards) & Wiktor
Schmidt (Netguru)
Singapore: Dmitry Levit (Digital Media Partners)
Slovenia: Bostjan Spetic (Silicon Gardens)
South Africa: Fredell Jacobs (The Innovation Hub)
Spain: Igor Llorente (Sivarit)
Sweden: Jaan Orvet (Orvet Stockholm) & Johan Crona
(Almi Invest)
Taiwan: Chaochi Chang (Startup Digest)
Thailand: Dmitry Levit (Digital Media Partners)
Turkey: Rauf Ates
Vietnam: Dmitry Levit (Digital Media Partners)
Global: Nick Vilelle (History Spoken)
THIS WOULD NOT BE POSSIBLE WITHOUT…

26. THIS WOULD NOT BE POSSIBLE WITHOUT…
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27. At World Startup Report, our aim is to examine and share data about all
aspects of startup ecosystems around the world.
Our next topic of research will focus on the "Wide World (Web) of Dating".
How do you interact? Share with us what you think are the most popular or most
effective dating websites and/or mobile apps to find your perfect mate.
If you feel you can help us, drop us a line with the subject:
World of Dating – [INSERT_YOUR_COUNTRY]
Andrius@worldstartupreport.com
CONTRIBUTE
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