2016 Venture Capital Report. Unicorn birthrate remains low. Most active VC firms in Q4'16.
Moneytree — awwww yeah
Today was a big day.
One of the most well-known reports in VC land is PwC’s Moneytree Report. In fact, this is the 20th anniversary of the Moneytree VC report. And for the first time, CB Insights is now powering the Moneytree Report (bye bye Thomson Reuters). You can get the 2016 Moneytree report here. Some highlights from the report are below including the decline of unicorns and overall financing trends to US VC-backed companies.
The Innovation Summit kicked off today, but last night, we started it all off with a reception overlooking the beach followed by a VIP dinner with some of our biggest clients. At the VIP dinner, we gave everyone a pair of Snapchat Spectacles. It was a ton of fun and a great way to kick things off.
But, unicorn birthrate across the country remains low and only 4 new unicorns were minted in the US last quarter, equal to the figure from Q3’16.
Cursing and honesty
Last Thursday’s newsletter had some cuss words (or curse words) and so I got of bunch of emails from folks offended or who lectured me on “you can do better.”
Here’s some research that suggests that those who curse more are more honest. F yeah.
Keep it 100
As mentioned, we revealed the AI 100 — a list of the 100 most promising private companies applying artificial intelligence algorithms across industries, from healthcare to auto to fintech — at the Innovation Summit today.