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Wealth tech market map. Food and beverage break down. E-commerce dip.
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More fintech unicorns

Hi there,

We've got some VC and M&A jobs below, but first, I have a confession.

I have no idea how to interview British people.

With the accent, I find it impossible to separate the smart ones from the dumb ones.

Just wanted to share.

Now, on with the show.


Well, well, wealth

We identified over 90 companies in the wealth tech space and organized them into 7 main categories based on the services and software they offer.



Clients can see, comment, and collaborate on all the companies in this wealth tech market landscape in the wealth tech startups Collection on CB Insights. Just clone it and you'll be on your way.




The unicorn stampede continues

I'm excited to announce that TransferWise CEO and co-founder Taavet Hinrikus will be joining us at The Future of Fintech conference.

TransferWise, a fintech unicorn headquartered in London, backed by Andreessen Horowitz, and valued at $1.1B, allows peer-to-peer money transfers abroad for both consumers and businesses.

They recently launched TransferWise for Business to help businesses with international payments and have also recently partnered with Facebook to launch a new chatbot that allows users to set up international payments through FB messenger.

We're excited to dig into TransferWise's product strategy, international expansion plans, and more at Lincoln Center.

Prices go up again at the end of March (in 4 days) so use the code MarchMadness17 to get $1000 off until the end of the month. Go here to get your ticket.


Muy expensivo

5 of the 10 most expensive cities in the world are in Asia. 

NYC is the only American city in the top 10 at #9.




Uber - things were going so well and then...



In December 2016, we questioned Uber's autonomous strategy because it relied on a bunch of assumptions about the future for it to come true.

Subsequently, we talked about investors being seduced by the vision of Uber and its ability to continually highlight its entry into larger and larger addressable markets to get investors lathered up. This, we dubbed the ponzi scheme of ambition.

This weekend, word came they discontinued their self-driving vehicle program which means one big part of the future addressable market Uber was going after is now gone (or delayed).  

Add to that all the negative news coming from exec departures and a culture which appears to be rotten to the core and you wonder if Uber is mortally wounded or if this is just another PR isht-storm they'll bounce back from.

So we wondered
 

If you could buy into Uber now at a $50B valuation (its last financing was at $68B so this is a discount), would you?

 Yes
 No


Note: don't write me saying you'd need more information to decide. This is a hypothetical question so don't overthink it. Just pick a yes or no.


Piece of cake

We analyzed annual funding trends to the food and beverage space and looked at the categories where investors are placing their bets. Condiments & spices has seen the greatest share of deals since 2013.



VC and M&A jobs Some clients/friends of CB Insights are hiring. Check them out:

If you are a client and want your job in front of our 252,000 subscribers, email your account's dedicated customer success manager.


No TV

The number of households with no TV is climbing.




Tough sell


We analyzed M&A and IPO activity since 2012 among private e-commerce companies. 2016 saw just one IPO and a decline in M&A activity as well.




We're #1, we're #1

The kids & wife are in New Delhi now.

:(




HR homerun

We looked at investment activity since 2012 in the HR tech space. Deal activity in 2016 hit a record of 402 deals, up approximately 9% from 2015’s total.




The Industry Standard

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

Forbes. Eve Turow Paul (@eveturowpaul) writes about the concept of "ghost restaurants" and cites CB Insights research on the food-delivery industry.

South China Morning Post. A report on Hong Kong's fintech development with a reference to CB Insights investment data.

Silicon Valley Business Journal. A look at why tech workers are heading to Seattle with a mention of CB Insights investment data.

Happy Monday.

I love you.

Anand
@asanwal

P.S. In addition to TransferWise CEO, here are the other unicorn founders/CEOs who will be at The Future of Fintech.

  • Palantir
  • Oscar
  • Credit Karma
  • Paytm
  • Kabbage
The speaker lineup is amazing. See all 42 speakers.
New at CB Insights
Stay up-to-date on reports, webinars, events, and more.
  • We'll be diving into food and beverage tomorrow, examining the startups, investors, and financing trends in the space. Sign up for the briefing.
  • Thursday, we've got cyber defender startups on the agenda. Register here to see what's happening in the space.

Over 90 companies transforming investment and wealth management

From robo-advisors to mobile investing, fintech startups continue to create technology aimed at retail investors and advisors. See the market map.
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Visualizing where food & beverage investment is going

New investors have energized the food & beverage space since 2015. Condiments and spices have attracted the most deals since 2013. See the breakdown.
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E-commerce exits on a continued decline

Souq.com was just acquired by Amazon in a down exit significantly below its prior $1B valuation. See the data.
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HR tech hits a new record

HR tech closed out 2016 with a record deal count. Mega-rounds ($100M+) went to Ceridian, SnagAJob, and Liepin. Read about it.
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The Blurb

A curated mix of articles on private companies, venture capital, emerging industries, and innovation.

Going direct to consumer. A conversation on how direct to consumer is changing the way brands and retailers do business.
AVC

Taking feedback impersonally. Julie Zhuo (@joulee) suggests looking at feedback with a growth mindset rather than a fixed mindset.
Medium

The end of smartphone innovation. Benedict Evans (@benedictevans) says as we pass 2.5B smartphones in use, the issues that matter are changing.
Ben Evans

Network effects. Josh Breinlinger (@jbreinlinger) on understanding network effects' strength.

A Crowded Space
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