31 pages of blockchain. Goldman Sachs' Q3'17 earnings. ICO hype.

Don't be fooled by the rocks that I got

Hi there,

So much goodness in this one that you should read it twice.

First, we've teamed up with Fortune Magazine for a joint review of Blockchain Trends & Opportunities. Robert Hackett
of Fortune will be joined by CBI Intelligence Analyst, Arieh Levi.

If you're in what Dilbert calls the jargon matrix when it comes to blockchain, you should probably attend.

Also, we just released our 31-page Blockchain Investment Trends report, which provides a data-driven look at venture, corporate, and initial coin offering investment trends, and a view into blockchain’s immediate future.

Check out some highlights below.

But first.

Circle meets square

C'mon guys.

With this kind of stuff, it's a sign that either:

  1. You're not even trying
  2. Corporations are so thirsty for innovation that you can throw anything at them and it works

The colors, the square Venn diagram, the jargon. 

Thx to NL subscriber, Maya Aweida, who shared this data viz gem with us.

Going for the gold

Today, Goldman Sachs released its third quarter earnings. The company reported net revenues of $8.33B and net earnings of $2.13B in Q3'17.

If you want to know where Goldman is going, you should read our Goldman Sachs Strategy Teardown, which looks at where the firm is placing future bets in terms of hiring, investing, and acquiring.

ICO hype

Over 250 blockchain teams have completed Initial Coin Offerings (ICOs) since January 2016, with more than 55% of them raising during or after July 2017. 

10,000 ideas with USAA

Building a culture of innovation is hard for incumbent large corporations.

It was a frequent topic at our last senior executive Council meeting. We dug into a case study we created around USAA's strategies to build a culture of innovation.

Zack Gipson, Chief Innovation Officer of USAA, joined us as well to share how:

  • 94% of USAA's employees are engaged in the company's innovation program
  • USAA received 10,000+ ideas last year
  • The company creates virality for ideas that are submitted

If you are a C-level, president, or an EVP/SVP-level executive focused on strategy, growth, or innovation at a company with $1B+ in revenue, Councils is a peer group you should be part of.

You'll also get access to our previous Councils case studies and videos on the practices of folks at companies such as USAA and GE.

The next Councils meeting is December 11-12th, 2017 at Dropbox HQ in San Francisco.

Senior executives who are part of Councils also get complimentary admission to the A Ha! Conference.  

Sign up for Councils here or email me or for more info.

Block brands

VCs have often looked to gain exposure to cryptocurrencies by investing in startups correlated with cryptocurrency prices and trading volume, such as exchanges or mining companies.

Investments by brand-name VCs into Coinbase (USV, Andreessen Horowitz), BTC China (Lightspeed), Bitmain (Sequoia Capital), and a number of other exchanges and mining companies emphasize this sustained trend.

The Industry Standard

CB Insights data is the most trusted by those in the industry and the media. A few recent hits.

Fortune. Robert Hackett (@rhhackett) reports on top VCs' bets on blockchain and references data found in CB Insights' latest Blockchain Investment Trends report.

Term Sheet. Polina Marinova (@polina_marinova) covers highlights from the CB Insights Blockchain Investment Trends report in her daily newsletter.

Bloomberg. Camila Russo (@camirusso) on corporate investors in blockchain with a reference to data found in the CB Insights Blockchain Investment Trends report.

Tech in Asia. A look at ICOs and VC funding with a reference to CB Insights research on the subject.

I love you.


P.S. Don't forget to sign up for our blockchain in review briefing scheduled for next week in partnership with Fortune Magazine. We'll save you a spot.

The Blurb

A curated mix of articles worth sharing.

The scale of tech winners. Benedict Evans (@benedictevans) focuses on Google, Apple, Facebook, and Amazon to understand scale, how it has changed over time, and what it means.
Benedict Evans

A better way. Fred Wilson (@fredwilson) on bike sharing in Shanghai vs NYC.

The closetless future. A look at Rent the Runway's latest membership program and the idea of closets that exist in the cloud.
Rent the Runway

A recession is coming. Scott Maxwell (@scottsnews) on how the next recession is set to shape our economy.

Platforming the future. A conversation on how we make sense of the most recent wave of new technologies.
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