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These billion-dollar startups didn't exist 5 years ago

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evan spiegel

It doesn't take a lifetime to build a super-valuable company. As this list shows, it's possible to go from zero to $16 billion in valuation in under five years.

Business Insider analyzed Pitchbook data to find the startups based in the US who reached the $1 billion mark in that timeframe — in other words, the youngest crop of the "unicorn" companies.

Here are the 17 privately held startups that have created businesses worth more than a billion dollars in the past five years.

SEE ALSO: The 30 startups whose value ballooned the most during the 'steroid era' of funding

Gusto: $1.07 billion

Founded in November 2011, Gusto is a cloud-based payroll system, formerly known as ZenPayroll.



Uptake Technologies: $1.10 billion

Former Groupon founder Brad Keywell started the secretive Chicago-based data-analytics startup in 2014.



Udacity: $1.10 billion

Udacity launched in February 2012 to provide free classes online. It has since teamed up with Georgia Tech to offer a master's program through the online education portal.



See the rest of the story at Business Insider

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