With 383,400+ on the CB Insights mailing list, I’m surprised by how many folks get mad or outraged by things in every newsletter.
Last week, we talked about “logo Tetris” in a newsletter and in that passage, someone thought we said that we hire only Ivy League grads and got riled up. We said nothing like that, but that doesn’t matter.
Person was offended and voila — outrage.
The funniest and scariest thing I’ve seen about the “anger factory” was a piece penned by Tom Phillips of Buzzfeed. Check it out in The Blurb. It is exactly where technology (esp Twitter) has helped to take us.
It’s a really hilarious article, and it all starts with this t-shirt.
Life is fleeting, especially for startups: 70% of upstart tech companies fail, usually around 20 months after first raising financing.
We compiled 242 post-mortems for some of the most notable startup failures in the CB Insights database. RIP.
A-ha! moments: life at Walmart, post-acquisition
Walmart controls 16% of US retail spend — but in 2016, the company wanted a larger slice of consumers in urban, affluent areas.
So it acquired Jet.com, an urban, millennial-friendly retail commerce platform, for $3.3B.
At our A-ha! Conference in December, Jet.com President Liza Landsman told Bloomberg Businessweek’s Brad Stone that Jet is a “brand-friendly place inside a large stable company.” She also talked competition, speculating about an Amazon vulnerability. Full session here.
Backstage, we posed some questions from CB Insights clients, and she called one highly-popular type of business “a dying breed.” Hear more of what she had to say here.
The Industry Standard
CB Insights data is the most trusted by those in the industry and the media. A few recent hits.