Congratulations to the 50 companies that made it to the CNBC Top 50 Disruptor list.
What is the secret sauce behind these 50 disruptor companies? Interestingly, some of the top 12 disruptors (except for Palantir) have a higher rank on the CNBC list than what their Paysa CompanyRank shows.
Paysa’s proprietary CompanyRank Score measures the quality of technical talent at a company over time, based on our analysis of 7.45 million job changes across 198,000 companies over the past 15+ years.
Let’s take a look at what we know about these disruptors – from Paysa, CNBC and others.
Even though it’s been named as the number one disruptor on CNBC’s list, and also named by CNBC as one of 11-billion dollar start-ups the world is waiting to go public, Airbnb’s co-founder and CEO, Brian Chesky, told CNBC that his company had no IPO plans. Airbnb has raised more than $4 billion from investors, including Fidelity Investments, Andreessen Horowitz and SV Angel and has a market valuation of $31 billion, according to PitchBook.
Paysa data shows that Airbnb is attracting top tech talent. This isn’t surprising, as average total compensation for an Airbnb software engineering employee is $255,000. And engineering managers make as much as $323K, according to Paysa salary data.
If you are applying to Airbnb, take note that 40% of tech and engineering applicants are required to proficient in Python.
According to Pitchbook, Waymo, the self-driving car unit of Google, and Lyft (which has raised the $2.61 Billion to date) have announced a strategic partnership. The two companies will work together to develop products and tech for autonomous vehicles, using their combined resources to compete with ridehailing powerhouse Uber.
As a recent article in Popular Science reports, the Lyft-Waymo deal has an “obvious synergy,” says David Ross Keith, an assistant professor of system dynamics at MIT and a former engineer with General Motors. The article goes on to say this is because Lyft has a robust user base (even if it’s a smaller player than Uber) and the technology to make the ride-on-demand system function. And Waymo, of course, has years of experience under its hood with self-driving vehicles.
Besides making the top 10 on CNBC’s disruptor’s list, WeWork was another company that was also named by CNBC as one of 11-billion dollar start-ups the world is waiting to go public. Scott Galloway, a marketing professor at the NYU Stern School of Business and the founder of business intelligence firm L2, recently told Business Insider that the company is way overvalued. “WeWork is arguably most overvalued company in the world. WeWork is now getting a valuation equivalent of $550,000 per customer. So it’s hard to imagine how they can monetize consumers to the extent that warrants a $550,000 evaluation per consumer. In some instances WeWork, if you do the math, the floor that the WeWork building leases in a building is worth more than the building hosting the WeWork.”
According to Paysa, Average salary for a software developer at WeWork is $178K with total compensation for a lead position at $209K. A key skill for folks applying to the company is Microsoft Office – 32%
Warren Buffet’s association with this Chicago-based unicorn isn’t hurting the promise of this start-up, that’s for sure. A subsidiary of Buffet’s Berkshire Hathaway Engineering (BHE) announced in March that two of its subsidiary companies (though not parent company BHE itself) would partner with Uptake Technologies to track their wind turbines, as reported by investing blog, Money Morning.
The blog reports that Buffett’s Berkshire Hathaway is Uptake’s very first customer. Not bad for a first.
Uptake is a predictive analytics platform that helps companies track data and identify potential issues. For example, Caterpillar Inc. (NYSE: CAT) uses Uptake to monitor and improve roughly 3 million pieces of Caterpillar equipment in the field. The platform collects data from machinery then analyzes it and alerts owners to potential malfunctions before they occur, explains Money Morning.
According to Paysa, senior software engineers can make up to $104K – but there is equity added and that can be close to 10 percent.
According to Pitchbook, Houzz may be the latest unicorn to raise a massive round-potentially $500 million at a $5 billion valuation-instead of going public.
The online marketplace and forum for home remodeling and design services is innovating at a rapid pace.
Instead of making an Augmented Reality (AR) app, it has embedded AR components into its already existing Houzz app. The feature, dubbed View in My Room 3D, allows customers to preview more than 300,000 furniture and décor products from the Houzz Shop in 3D in their own homes before buying, as reported by Furniture Today.
According to Sally Huang, lead of visual technologies for Houzz, as stated in the article, what Houzz believes is, in order for AR to be useful to a mass audience, it can’t just be a tech demo. It has to be something much more ubiquitous. It needs to be something that you can just pick up and will be right there when you’re actually doing the shopping. You shouldn’t have to go to an AR app to actually do visualization.”
One of CNBC’s top 50 disruptors and on the publication’s IPO watch list, Palantir, which due to the high-value and oftentimes classified nature of intelligence received, ranging from counterterrorism to financial fraud, may face a difficult scenario that they’ve never had to go head-to-head with if they decide to go public: revealing the secretive financial data that’s been kept under close watch since its founding more than 10 years ago, according to CNBC.
Intrigue is certainly in the air when it comes to Palantir. Sam Biddle, from The Intercept recently reported that Palantir has worked for years to boost the global dragnet of the NSA and its international partners, and was in fact co-created with American spies.
Paysa data reveals that average annual total compensation for a software engineer at the company is $230,000, which is not too shabby. And we’ll see how things play out if the company does go public.
If you are applying for a job at Palantir, it’s good to know that 41% of applicants must know Java while 39% also must know Sql. Other top required skills include Matlab, C++, Software development, Microsoft excel.
According to Socaltech, Dell Technologies Capital, a new venture investment fund announced at Dell EMC World recently that is an investor in Irvine-based Cylance.
But the company was also recently called out by ArsTechnica. Cylance, known for its “next generation” anti-virus protection, was found to be stuffing what look to be false positives into its testing demos, as reported by Fortune.
But as the ArsTechnica article pointed out, Cylance along with Tanium, another company that has behaved badly (treating employees unfairly and sporting a brutal, “Game of Thrones” work environment), are unicorns and and a few of the darlings of Silicon Valley that are dazzling investors.
Recently, Facebook announced it would be augmenting learning for developers with a new partnership with Udacity to create formalized programs. The company’s mission overall is to bring accessible, affordable, engaging, and highly effective higher education to the world, helping students master in-demand skills and credentials.
These new mobile developer courses, free to the developer, will help get engineers-in-training up to speed on Facebook tools like Account Kit for building one-step logins into apps. The courses are said to take 10 hours each to complete, according to TechCrunch
Udacity has had a history of partnerships – partnering with the likes of big companies for a range of nanodegree programs from BMW, for their nanodegree around autonomous driving vehicles to Google I/O Udacity around an Android Development Nanodegree.
Udacity is also a partner of Paysa, as the company has integrated Paysa into the company’s Nanodegree overview pages.
According to Fortune, CrowdStrike, the cybersecurity firm that burst onto the national scene during the U.S. election season last year when it became the first to pin a data breach at the Democratic National Committee on Russia, said just this week that it has closed a $100 million funding round at a valuation exceeding $1 billion.
With a total of $256 Million in funds raised under their belt, they’re among the ranks of unicorns now, which are valued at $1 billion or more.
There are pros and cons of joining a unicorn. Paysa covered some of these in a blog post late last year.
At Crowdstrike, 37% of applicants must know Software engineering while 35% also must know Java. Other top required skills include Python, Software development, Linux, Agile methodologies.
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For more insights and check more companies, click here.