Millennials stand to inherit ~$30T from baby boomers, and they plan to put their money where their principles are. Millennial investors are 2x more likely than the average investor to make a sustainable investment.
Sometimes startups overfed with financing go under because they can’t tighten up operations enough to turn a profit.
Zalando is not one of those.
High burn rate and profit doubts didn’t stop the online retailer from continuing to raise funds. It turned a profit for the first time in 2014, the same year it went public.
At a $6.8B valuation, Zalando’s IPO is the biggest exit of a Rocket Internet portfolio company to date. It’s performed well as a public company, with its stock up nearly 150% since IPO and a market cap of $11B+ as of March 2018. Read more VC-backed exit success stories here.
That’s all I have to say about that
When talking about the competition, Apple and Google have the most to say. They mention each other on earnings calls more than any other FAMGA pairing.
At dinner during the March CB Insights Councils meeting, a c-suite-level member introduced the concept of “permafrost” — that layer of big company middle management where innovation initiatives get mired down.
Council members talked it through — and agreed the best way for senior executives to bust through permafrost is to communicate directly with front-line employees.
If you’re an SVP or higher at a company with $1B+ in revenue in need of wisdom from your peers, or if you have wisdom to share with peers, apply to join CBI Councils here.
The Industry Standard
CB Insights data is the most trusted by those in the industry and the media. A few recent hits.