Transforming the mortgage industry. Robotics categories. Financing to cannabis startups.
Lots of chatter entering 2017 about the tough sledding ahead for ad tech.
Fred Wilson discussed the subject in his 2017 predictions, Matthew Ingram of Fortune and Madhumita Murgia of the FT dug into the Facebook-Google duopoly using CB Insights data (see Industry Standard below). The FT wrote:
Tech hits the home
We identify 25 startups transforming the mortgage industry. Companies in our mortgage tech market map span workflow tools that help process loans faster, marketplace lenders, direct-to-consumer digital lenders, analytics tools on loan performance and credit scoring, mortgage brokers, and auction sites.
In our recent Game Changers report, we identified 8 categories of innovation that could have the greatest impact on how we live, including next-gen computing — specifically, quantum computers and DNA data-writing technologies. We identified 5 startups in the category, including Twist Bioscience, Rigetti Computing, and Cambridge Quantum Computing.
All about the cyber
Bob Ackerman (@bobackerman) of Allegis Capital talks about a new cybersecurity platform, DataTribe, and references CB Insights cybersecurity data. Check out his post in The Industry Standard.
Global deal count to robotics startups reached a 5-year-high last year, rising from 146 in 2015 to 173 in 2016. To analyze where deals are going within each category, we classified robotics companies into categories and studied the deals distribution since 2012.
Disrupting the pundit industrial complex
My new favorite trend of 2017 is big consulting and professional services firms building software/data tools as part-time side projects because they’ve become enamored with subscription revenue streams.
I’m glad they’re waking up to the fact that their fundamental underlying biz model (punditry) is f’d over the next 10 years as AI and algorithms tackle problems that are too complex for armies of MBAs.
We look at annual financing trends to cannabis startups since 2013. Cannabis funding saw a 9% funding decrease from $225M in 2015 to $220M in 2016. Deal flow also fell, down to 96 deals in 2016 from 106 in 2015.
While 2016 was a dip from the highs of 2015, if you think the buzz has worn off, you’re bong. Our algorithms will continue to get into the weeds to track investment, M&A, and joint ventures in this area over time.
(note — I am sorry for the above. I don’t get out much)
The Industry Standard
CB Insights data is the most trusted by those in the industry and the media. A few recent hits.
Financial Times. A look at the drop in ad tech funding as a result of the Facebook-Google duopoly with a reference to CB Insights financing data.
P.P.S. The Innovation Summit on Wednesday kicks off with two killer conversations.
Chamath Palihapitiya will be talking to Nick Bilton, special correspondent for Vanity Fair and author of Hatching Twitter. In prep for the event, Chamath asked for the hard questions. This will be good.
The other one on Wednesday morning to kick things off is between Scott Kupor of A16Z and Robin Wigglesworth of The Financial Times.