Category Archives: Venture Capital

The United States of Unicorns

Collectively, US unicorns are worth approximately $360B. Combined, these companies have raised just over $73B. To see the full list of US unicorns and associated data, check out the CB Insights blog. The United States is home to 105 unicorn companies valued at $1B+. As of 7/25/2017, six private US companies are worth over $10B. The two most valuable unicorns in the US are Uber ($68B) and Airbnb ($29.3B). Palantir Technologies and WeWork, both valued at $20B, are tied for third. Of the top ...

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What percentage of Startups Fail?

Post On July 11, 2017 by

I have been anecdotally using the statistic that: “Nine out of 10 startups fail.” The problem? It’s not true. Cambridge Associates, a global investment firm based in Boston, tracked the performance of venture investments in 27,259 startups between 1990 and 2010. Its research reveals that the real percentage of venture-backed startups that fail—as defined by companies that provide a 1X return or less to investors—has not risen above 60% since 2001. Even amid the dotcom bust of 2000, th...

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Internet Trends Report 2017

Post On June 1, 2017 by

Here’s a first look at the most highly anticipated slide deck in Silicon Valley. This year’s report includes 355 slides and tons of information, including a new section on healthcare that Meeker didn’t present live. Here are some takeaways: Global smartphone growth is slowing: Smartphone shipments grew 3 percent year over year last year, versus 10 percent the year before. This is in addition to continued slowing internet growth, which Meeker discussed last year. Voice is begi...

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The 9 most active investors in Bay Area startups

Post On May 16, 2017 by

It’s true that more and more startups based outside the Bay Area are receiving significant VC funding—last year was the first time in a decade Silicon Valley investors made more non-local than local deals. But the San Francisco region still receives far more capital than any other area. Since the beginning of last year, 1,697 investors have participated in at least one round involving a Bay Area-based company, per PitchBook data, putting $38.3 billion in capital to work across 1,813 compl...

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Mary Meeker’s Internet Trends Report 2016

Post On June 2, 2016 by

Here are some highlights from the above report: India is the one country where internet usage is growing, up 40 percent compared with 33 percent a year ago. India passed the U.S. to become the No. 2 global market behind China in 2015. The Asia Pacific region represented 52 percent of smartphone users globally in 2015. The rapid growth in recent years has begun to slow, dropping to 23 percent in 2015 from 35 percent in 2014. North America, Europe, and Japan represented 63 percent of g...

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2,209 Private Equity Funds Seeking $811 billion

Palico released new data showing that there currently are 2,209 private equity funds targeting $811 billion. That's a new record in terms of number of funds, topping the 2,043 funds that were seeking $787 billion last February. For dollars, today's aggregate target remains lower than the all-time high of $884 billion being sought by 1,590 funds back in 2009....

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2014 VC Investment Tops $48B

Venture capitalists invested $48.3 billion in 4,356 deals in 2014, an increase of 61 percent in dollars and a 4 percent increase in deals over the prior year, according to the MoneyTree™ Report by PricewaterhouseCoopers LLP (PwC) and the National Venture Capital Association (NVCA), based on data from Thomson Reuters. In Q4 2014, $14.8 billion went into 1,109 deals. Internet-specific companies captured $11.9 billion in 2014, marking the highest level of Internet-specific investments since 2000...

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Mutual Funds investing in Early Stage venture backed companies

Is this a new trend? Or are the public markets not offering enough investment opportunities with favorable risk-return trade offs? Following blurb copied from Fortune/TermSheet: Last Tuesday’s big deal was that cancer immunotherapy startup Juno Therapeutics had raised $134 million in Series B funding from “ten public mutual funds and healthcare-focused funds.” This came less than one year after the Seattle-based company had raised $176 million from a group of venture capital funds, Jeff B...

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Changing Venture Capital Landscape

Post On July 23, 2014 by

Where are we today? We have 2.4 billion Internet users, or 50x more than before. Online connections are 180x faster at 10.5 Mbps. 164 million US smartphone users gives us "always-on" mobile connectivity We're all socially connected, so great businesses spread faster. We all have one-click purchase power through Apple, Google, Amazon and eBay. The VC market has right-sized, returning back to mid 90's levels with less competition. The cost to start a business is 95% lower, meaning many mor...

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