AVs change everything. Startups protect your data. No one's name is Heather.
Stop it, you MONSTERS!
It has come to our attention that people are printing up slides from our free webinars and dropping them on the streets of San Francisco.
Don’t be an animal: Please properly recycle our free research if you print it. San Francisco has enough problems as it is.
A printed slide from our November 28, 2017 travel tech webinar spotted in the San Francisco wild, h/t @hunterwalk
BTW this must have been done by a Gen Xer — from what I know of millennials, they think printers are a punchline in a joke about “olds” like me.
With 300M+ active customers, 100M Prime members, and 5M sellers on the site, Amazon’s scale and reach are larger than ever before. This is one of the company’s biggest advantages as it re-enters the healthcare space.
Autonomous vehicles will almost certainly be part of daily life in the US within the next 20 years. Over two dozen major corporates like Google, Apple, and Mercedes Benz are already building their own AVs.
P.S. Do you know someone who wants to work at CB Insights? Do you like money? Refer them to us.
This week in data:
6: It was a big week for new unicorns, as 6 new private companies reached $1B+ valuations. Among them are food delivery platform Postmates and open software development platform GitLab. Check out the rest of the new entrants on our unicorn list.
23: The 70th annual Emmy Awards took place this week in LA, with winners ranging from RuPaul’s Drag Race to The Marvelous Mrs. Maisel. While Game of Thrones network HBO has been the longtime champion of the awards, this year it tied with online streaming platform Netflix, with 23 awards apiece. We’ve previously talked about the growth of Netflix — and its effective “hagfish strategy” — in our weekly client note. Clients can check it out here.
3,000: Amazon reportedly has plans to open up to 3,000 new cashierless Amazon Go grocery stores by 2021. So far, there are 3 existing locations: Amazon’s premiere store in Seattle opened in January 2018, and it has since opened a second store in Seattle and a third in Chicago. We discuss Amazon’s foray into brick-and-mortar in our Amazon Strategy Teardown. Check it out here.
$21.7B: Earlier this week, Canadian marijuana producer Tilray received approval to import medical cannabis into the US for clinical trials — and the market went wild. Shares were up more than 90% at one point on Wednesday, and then dived into the red before recovering. Yesterday morning, Tilray reached $21.7B in market value, more than American Airlines, Clorox, or CBS. This seems to be part of a bigger trend for marijuana companies: Aurora Cannabis stock also dramatically rallied this week, following reports that it was in talks with Coca-Cola to develop weed-infused beverages. We mapped out 100+ companies building up the legal cannabis industry. Clients can see them here.
2.7% + 5¢: San Francisco-based payments company Stripe wants to take things offline. The company is introducing a new service for in-person payments through its new Stripe Terminal product. Beginning with in-person payments for digital-first brands like Warby Parker and Glossier, Stripe’s new service will start at a 2.7% fee plus 5 cents per transaction. Want a further look into the future of payments? Download our Payments Earnings Transcripts Analysis to see what payments giant execs like AmEx, Mastercard, and Visa are saying about the space. Read more.
2:01:39: Kenyan long distance runner and Olympic champion Eliud Kipchoge broke the marathon world record on Sunday, when he finished the Berlin Marathon with a time of 2:01:39. The win shaved a full minute and 17 seconds off of Dennis Kimetto’s previous marathon record — the largest improvement in the record since 1967.
1,129th: Quartz’s most recent analysis of US baby name data found that no name in history became so popular and then fell out of favor so dramatically as “Heather.” At its 1975 peak, Heather was the 3rd most popular girl’s name in the US, given to 24,000 baby girls. By 2017, it was only given to 219 babies, becoming the 1,129th most popular name.