After surveying more than a thousand of the leading private companies from North America, Europe, and Asia, Red Herring announced the winners of the prestigious Red Herring Global Top 100 award for 2012. A mark of distinction for identifying promising new companies and entrepreneurs, the award highlights some of the most innovative and transformative startups on the globe, companies that revolutionize their respective ecosystems and further evolve our technological world.
This year’s winners span the gamut of technological innovation, from social media to big data to health and medicine advancements that will save lives and enhance the well being of millions. Leading the list is Privalia, a private sales club that specializes in leading name products at reduced prices for exclusive members. Its recent exceptional revenue achievements earned it Top Finalist Placement in the Red Herring Global 100.
The winners were selected based on both quantitative and qualitative criteria, such as financial performance, technological innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track record and standing of startups relative to their peers, allowing Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models from around the world.