You might be dead and jobless, but the streets will be clean
Got some good news and bad news about robots.
Regtech keeps it 💯
We looked at financing trends to private regtech companies since 2012. Deals to regtech startups hit a record of 102 deals in 2016. It is the first time deal total hit triple digits in the last 5 years, despite a slight dip in total funding.
Join us tomorrow as we dive into the startups and investors within the compliance and regulation space during our regtech startup trends briefing. You can save your spot here.
Hack: How to hire MBAs
My co-founder Jon stumbled upon this hack to get lots of MBA resumes which I’m going to let you in on.
Whatever the job title, throw the word “strategic” in front of it.
You’re welcome.
CVC gets down
Globally, corporate VCs participated in $24.9B of funding across 1,352 deals in 2016. CVC deal activity sunk below 300 for the first time in 11 quarters in Q4’16, and overall deals in 2016 decreased by 2% over 2015.
Y Combinator part 1: This is good
Michael Seibel, the CEO of Y Combinator, penned a great post about funding rounds not being milestones (see The Blurb).
From grapeless wine to cowless milk
We mapped out 67 private synthetic biology startups according to their main area of focus. Startups are working to build next-gen pharmaceuticals, fuels, and food products, among many other applications of this transformative technology.
Y Combinator part 2: Big valuation
As we’ve shown before, Y Combinator is the heavyweight champion among accelerator programs. In Jan 2015, we detailed the 8 YC portfolio companies worth over $50B.
Now, a new letter from YC highlights that they’re approaching the $100B valuation mark (see The Blurb for full article). Very impressive.
P.S. In NYC for LendIt next month? If you’re a senior strategy, M&A, or investment professional in financial services or a fintech VC/PE investor, we’ve got a couple of spots left at our dinner on March 6th. Request an invite here.
P.P.S. This week, we announced our partnership with the New York Times to identify the top VCs in the world. So far, we’ve received 2200+ submissions. Submit your portfolio and board of directors data to the CB Insights Editor by Friday, February 24th.