Which social network is worth getting rich on?
The value of the popular social network Googles is skyrocketing due to a surge in users, but the rise is also creating a lot of headaches for its founders.
A new analysis by market research firm CB Insights found that Googlers have made over $4 billion in venture capital investments since the platform launched in May of 2017.
Googlers founders and investors have put up more than $4.5 billion in the platform’s first year, with Google’s value topping $6 billion in 2018.
According to the report, Googler founders and the investment community have invested more than half a billion dollars in the company’s venture capital over the past two years.
The data shows Googls revenue jumped $1 billion from 2016 to 2017, when its revenue grew by more than 30% year-over-year.
The platform’s revenue grew 37% to $4,918,831.
The report also notes that Googs valuation has increased since the launch of the platform in May, with the value of its first round of venture capital totaling $2.4 billion.
This is due to the increased amount of Googlis users, who now account for nearly half the companys total user base.
Googs revenue grew over $2 billion, with more than one-third of all revenue growth coming from its users, which accounted for nearly $3.5 million of the company`s $4B revenue in 2017.
The company has also invested in several other social media platforms, including Twitter and Facebook, as well as a number of video platforms, which it has expanded to include live events, and a number a companies based in China.
For instance, the platform has invested in Tencent, an internet-advertising company that is one of Googs main competitors.
Tencent is currently in the process of expanding its reach into Googling, and it is likely that Googanrs investment will help the platform to further grow its business.
“Googling is a platform that has been around for a while now, but it has not seen as much of an influx in users as we would like,” said David Wulf, a partner at CB Insight.
“This is something we have seen many other platforms like Snapchat, which is the only one with real-time video, not live-streaming.
We think that this will create a very interesting opportunity for the platform, and we expect to see a lot more activity in the coming months.”