44-page 2016 VC report

Moneytree — awwww yeah

Hi there,

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.

  

• We released the Artificial Intelligence 100. You can see them all here. If you’re a CB Insights client, you can see full profiles and discuss the companies using the AI100 Collection.

  

Mapping what’s happening

The top five regions in the US for venture capital are Silicon Valley, New York, DC, New England, and LA/Orange County. The top 10 US states for venture were led by California, New York, and Virginia.

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.

Stay active

The three most active venture capitalists in the quarter were NEA, 500 Startups, and True Ventures. NEA participated in a $210M deal to OpenDoor Labs, which was one of the largest deals of Q4’16.

Two things I should have bought in the 1990s

Domain names.
Bordeaux.

‘Most VCs are worthless’

At the CB Insights’ Innovation Summit today, VCs and corporate innovation leads weighed in on everything from where UI will go next, to how the tech investing landscape might change, to where VC capital is falling short, and more. 

Also at the Summit, Jeremy Liew of Lightspeed Venture Partners and Arthur Johnson of the TwilioFund sat down in conversation about the challenges and opportunities that chatbots, voice interfaces, and smart devices present.

The Industry Standard

CB Insights data is the most trusted by those in the industry and the media. A few recent hits.

Forbes. Sunny Dhillon (@sundhillon) on why strategic investment isn’t always a good strategy for startups with a reference to CB Insights research on corporate VC activity.

Times of Israel. Shoshanna Solomon writes about investment into Syqe Medical, developers of a medical cannabis inhaler, and cites CB Insights deals data.

Bloomberg. Marie Mawad (@marie_a_paris) digs into European biotech funding and refers to CB Insights investment data.

Seattle Times. Rachel Lerman (@rachelerman) writes about VC funding trends in Washington state in 2016 and refers to the CB Insights and PWC MoneyTree Report.

I love you.

Anand
@asanwal

P.S. Don’t miss the Future of Fintech at Lincoln Center — June 26 to 28, 2017. 2 stages and everyone important in fintech in one place.

P.P.S. Tomorrow’s Innovation Summit speakers are even more killer than today’s. Catch you on The Innovation Summit livestream.