Solomoons — no
Yesterday, Bloomberg and Fortune reported that Lyft will be offering 30.8M shares at $62 to $68 each, giving it a valuation of $18.5B to $23B depending on where it falls in that range.
At the beginning of March, we analyzed price/sales multiples for Lyft's comparables, including:
So you already knew this if you were a client and read our analysis from March 4th on Lyft's IPO valuation.
Kid, you've got potential
Our analysts picked 100 of the most promising AI startups from around the world.
These companies are providing hardware and data infrastructure for AI applications, optimizing machine learning workflows, and tackling challenges across 12 different industries.
You can see them all here.
Shake it up
Major 5G network deployments are expected by 2020, creating broader network coverage, more stable internet connections, and faster data transfer speeds.
From enabling remote robotic surgery to boosting adoption of autonomous vehicles to improving livestock management, we take a look at how 5G could disrupt 20 major industries.
Thinking of attending Future of Fintech (June 11-13, NYC)? Here are five reasons why you should:
76% of the speakers are new to Future of Fintech. We recently added:
CEO of Quicken Loans
Founder & CEO of LendingTree (NASDAQ: TREE)
CEO & Co-founder of Chime ($1.5B valuation)
CEO of Acorns (Future Unicorn)
General Partner of Ribbit (invested in Robinhood, Coinbase & Root Insurance)
83% of attendees are decision makers for their organizations.
6000+ 1:1 meetings will take place in our meeting lounge.
20+ Up Next talks that will feature a list of 'future unicorns' on their way to $1B+ valuations and interviews with VC partners on the fintech trends they’re watching.
The opening night reception will be held at the iconic Tavern on the Green in Central Park.
Get your ticket today to the fintech event of the year. Save $500 with code 5reasonswhy. Prices go up on April 1.
A little something from your old pal
Latin American e-commerce and payments giant MercadoLibre recently announced that it was raising a $750M round from PayPal.
We break down what the investment means for the broader payments market and MercadoLibre's regional competitors. Clients can read about it here.
The best satire is indistinguishable from reality.
Take it from me
Our CTO Pål Høye has been in the tech industry for over two decades, and has led teams for large global corporations as well as startups.
From how to pick your mentors to improving your communications skills, Pål shares 14 important lessons he's learned over the course of his career.
I bless the banks down in Africa
Africa's fintech scene is thriving. Deals to African fintech companies rose to 63 in 2018 from 44 in 2017. Disclosed funding was up more than 3x, from $80M to $260M.
From payments to investing to insurance, we've mapped out 35+ Africa-based fintech companies. Expert Intelligence clients can see them all here.
FKA bachelor / bachelorette parties
The future of honeymoons is apparently separation.
Per the NYT, more and more young couples are taking separate honeymoons, known as “solomoons” or “unimoons.”
New York Times
The Industry Standard
CB Insights data is the most trusted by those in the industry and the media. A few recent hits.
Bloomberg. Saritha Rai (@saritharai) reports that ride-hailing startup Ola has raised $300M from Hyundai Motor Group and cites CB Insights data.
Business Times. Claudia Chong (@claudiachongbt) writes about how Dubai’s startup scene is catching the attention of Singapore-based firms and references CB Insights research.
Fortune. Ed Frauenheim (@edfrauenheim) lists some of the best workplaces in Texas and refers to the New York Times and CB Insights’ 50 Future Unicorns.
I love you.
P.S. Want to help build the CB Insights team? Great news — we're hiring a senior recruiter.