Translation company start-ups raised $231,000,000 Thread poster: Jeff Whittaker
| Jeff Whittaker United States Local time: 10:54 Member (2002) Spanish to English + ... |
Yes, thanx Jeff for this piece of info. Nice to see some people show interest in what we do Although maybe not for the same reason WE are interested in doing what we do! Hahahaha... | | | Jeff Whittaker United States Local time: 10:54 Member (2002) Spanish to English + ... TOPIC STARTER I wonder how many of them will be profitable once... | Oct 12, 2015 |
... the initial investment is paid back. | | | ..... (X) Local time: 23:54 Maybe some SV funding should be redirected to "fact-checking" and "journalism" | Oct 12, 2015 |
What a terrible "article". 3 out of the top 5 companies (which account for $121M of the $231M listed in the title) are not translation companies nor in the translation industry. 1.) Duolingo The author actually did research on this one and realized it shouldn't be included in the list, but still decided to include it to make the number bigger. 2.) Elio Motors Ye... See more What a terrible "article". 3 out of the top 5 companies (which account for $121M of the $231M listed in the title) are not translation companies nor in the translation industry. 1.) Duolingo The author actually did research on this one and realized it shouldn't be included in the list, but still decided to include it to make the number bigger. 2.) Elio Motors Yes, this is a car company. Homepage | Crunchbase 5.) Machine Zone, Inc. Machine Zone develops applications and games for users of social networks and mobile devices. Crunchbase I stopped after the top 5 as I have better things to do, but you get the point. I think the only thing we can learn from this "article" is that Crunchbase by itself is not a reliable source of data. ▲ Collapse | |
|
|
Please do not believe such numbers | Oct 13, 2015 |
This is the common trick of these so-called entrepreneurs, innovators. They always announce incredible numbers to show themselves as the market leader, top company, very successful, very important company etc, etc, etc. Not a new trick but unfortunately it still fools. They always talk about millions untill they face a problem. Please also note that they did not forget to attack "traditional service providers" again. This is another common trick of these ... See more This is the common trick of these so-called entrepreneurs, innovators. They always announce incredible numbers to show themselves as the market leader, top company, very successful, very important company etc, etc, etc. Not a new trick but unfortunately it still fools. They always talk about millions untill they face a problem. Please also note that they did not forget to attack "traditional service providers" again. This is another common trick of these web-based entrepreneurs. Regards ▲ Collapse | | | Noted. Just Crunchbase. | Oct 13, 2015 |
Thank you for your comments. The companies in Crunchbase are tagged by contributors or company representatives, so some error is possible. Our intent was to show the steady (and seemingly) growing money flowing into translation firms as categorized by Crunchbase, as was stated in the article. Keep the comments coming and please highlight any other story ideas you think are relevant to our audience. Cheers! | | | To report site rules violations or get help, contact a site moderator: You can also contact site staff by submitting a support request » Translation company start-ups raised $231,000,000 CafeTran Espresso | You've never met a CAT tool this clever!
Translate faster & easier, using a sophisticated CAT tool built by a translator / developer.
Accept jobs from clients who use Trados, MemoQ, Wordfast & major CAT tools.
Download and start using CafeTran Espresso -- for free
Buy now! » |
| Trados Business Manager Lite | Create customer quotes and invoices from within Trados Studio
Trados Business Manager Lite helps to simplify and speed up some of the daily tasks, such as invoicing and reporting, associated with running your freelance translation business.
More info » |
|
| | | | X Sign in to your ProZ.com account... | | | | | |