Coinbase and Ripple Leaves Top 10 LinkedIn’s ‘Hottest’ Startups List1 min read
Cryptocurrency exchange and wallet Coinbase and the company behind XRP, Ripple is no longer on the top 10 list of this year’s Linkedln’s “The 50 hottest U.S. companies to work for”.
According to the new LinkedIn’s list, Ripple moved to the 28th place which was 7th in 2018 while Coinbase went down to 29th which was 3rd in 2018. Robinhood the stock and crypto trading startup almost retained its position moving from 6th place in 2018 to the 7th in 2019.
Are crypto startups losing steam?
Moreover, Gemini Trust Company the crypto exchange founded by the Winklevoss twins and Ethereum (ETH) ConsenSys a blockchain software technology company are no longer in this year’s list.
LinkedIn’s 2019 list also includes Plaid a FinTech company that specializes in building applications that connects with users’ bank accounts. Some of their clients are Coinbase, Robinhood, American Express, and Venmo.
LinkedIn a well-known job search and recruitment social media platform.
Kinsta a web hosting platform published a report in August saying there are 575 million users registered on LinkedIn and searches for “LinkedIn” have more than doubled in the last 10 years.
LinkedIn Top Startups has four main parameters in choosing the top startups.
- employee growth
- jobseeker interest
- member engagement
- the ability to attract talent from major companies
Snowflake a cloud-based data-warehousing startup took the number one spot on the list. Second is Dosist a cannabis dose pen startup and the third is the Internet of Things platform Samsara.