The Honest Company's valuation. Silicon Valley VC funnel. Corporates in India.
We’ll always have Paris
Hi there,
Sometimes, Twitter is amazing.
Recently, Paris Hilton asked “What’s on your mind?”
And some of the responses are really quite profound.
So I wanted to share.
Here’s one. Is this true? No idea.
Just being honest
The Honest Company, the family- and eco-friendly consumer products brand, is raising $75M in new VC financing at a valuation lower than its previous $1.64B valuation, according to a new state filing we uncovered as part of our enhanced valuation data.
Yes — this analysis will tell you what region is the best for raising financing.
Talking a big game
We recently surveyed 1000+ corporate innovation, M&A, and venture folks about innovation at large companies as part of our State of Innovation Report.
Note: the report will be coming out soon.
Here are some early results.
In good news and not surprisingly, 85% of corporate respondents agree that innovation is important.
But the problem is that only 43% actually have a well-defined process for innovation.
Translation: only 1/2 of the companies who think innovation is important are actually doing something organized about it.
The other 1/2 are likely visiting Silicon Valley doing the petting zoo tours to talk to VCs or doing lots of PowerPoint decks but are actually doing nothing meaningful.
In a future newsletter, we’ll detail why this is so dangerous to your long-term employment prospects if you are an executive.
Here are a few more questions inspired by Paris Hilton’s tweet that got me thinking.
Apple goes 3D
Apple recently acquired a patent for an AR-compatible 3D printing system. The patent uses visuals – either from cameras or augmented reality systems – to understand the pose and alignment necessary to create a 3D printed object that will attach to an existing object.
The Industry Standard
CB Insights data is the most trusted by those in the industry and the media. A few recent hits.