Travel tech investment trends. Crossover participation in e-commerce. Are startup accelerators worth it?
Europe's lack of mojo

Hi there,

Reading this will not make your corporation more innovative.

I just wrote this rant for all the strategy and innovation groups at corporations who love our data and research and who just put them into Powerpoint decks. Stop it.

Cuz I'm happy

India wins for happiest employees. Japan comes in at the bottom. 


Flying high

We dig into the data surrounding travel tech investment trends, including deals and dollar breakdowns, deal share by top countries, and most well-funded companies. In the first two quarters of 2016, travel tech startups raised almost $1.5B across 141 deals.

Changing face of retail

Walmart disclosed a number of store closings as it focuses on e-commerce. This highlights the increasing pace of change in retail and CPG.

E-commerce crossover

We look at e-commerce dealmaking with participation from "crossover investors," including hedge funds and mutual funds, from 2012 to 2016 year-to-date. Since 2012, crossover investors participated in nearly 250 e-commerce funding rounds, totaling over $15.6B in aggregate.

the fading force

A look at the largest public US and European companies shows Europe lags in market cap and net profits. In 2006, 17 of the 50 most valuable companies in the world were European. Today, it's only 7.

Hit the accelerator

In this guest post, Samir Kaji (@samirkaji) of First Republic Bank assesses how helpful startup accelerators are in getting funding.

The Industry Standard

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

Bloomberg. David Fickling (@davidfickling) discusses the dangers associated with self-driving cars and cites CB Insights data on automotive and transportation funding.

Los Angeles Times. JustFab co-founder Adam Goldenberg says the company is headed toward an IPO. Shan Li’s (@byshanli) article refers to CB Insights research on the struggles faced by subscription services.

Financial Times. Maija Palmer (@maijapalmer) says the rise of chatbots could lead to frustrating consumer reactions and references CB Insights' list of virtual assistants.

EET Asia. Toni Urrutia (@toniiu) says startup incubators are keen on nurturing local talent in a bid to place Asian AI startups on the map, citing VC investment into the AI space.

Have a great rest of the week. 

I love you.


P.S. Google just acquired Moodstocks, a machine learning startup that turns your mobile device into a scanner to identify objects. This company joins a host of other companies listed on our Google Acquisition Tracker.

Geographic Spotlight
Silicon Valley doesn't have a monopoly on innovation. Here's a look at startups, emerging industries, and deals elsewhere in the US and the world.

Indonesia is home to well-known e-commerce company, Tokopedia. The country has produced companies including HappyFresh, a grocery delivery startup; Orami, a female-focused e-commerce startup; and Moka, a mobile point-of-sale company. There were over 30 deals to VC-backed companies in Indonesia in 2016 year-to-date. Here are the 5 largest.
  • Tokopedia, and online mall, raised a $147M Series E.
  • Orami raised a $15M Series A.
  • Kurio, a smart news app, raised a $5M Series B.
  • Nida Rooms, a provider of budget hotel solutions, raised a $4.2M Seed round.
  • PicMix, a mobile photo-sharing application, raised a $3M Series A.

Deals to travel tech startups are soaring

Travel tech deal activity goes global with 67% of deal share taking place outside of the US market. See the data.
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Banks, hedge funds, and mutual funds pull back from investing in e-commerce startups

Hedge fund Tiger Global Management has invested in over 25 e-commerce companies since 2012. Read about it.
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Here's how helpful startup accelerators are in getting funding

A look at the fundraising success of the 10 most active accelerator programs in the US. Check out this guest post.
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The Blurb

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

Can Cadillac be cool again? Oliver Staley (@ostaley) says Cadillac is desperate to recast its image as the luxury brand for young, urban, status-conscious drivers.

The grey market hypothesis. Phil Huber (@bpsandpieces) dives into grey areas in analysis and market efficiency.
BPS and Pieces

Over-introducers. Mark Suster (@msuster) finds over-introducers especially corrosive around first-time founders who often struggle with the balance of their time.
Both Sides of the Table

The responsibility glitch. Brad Feld (@bfeld) talks about the responsibility glitch, which entails feeling too responsible for everyone and everything around you.
Feld Thoughts

How startups are getting a boost from the new Olympics marketing rules. Zoe Henry (@zoelahenry) writes about changes to "Rule 40" which will let unofficial sponsors advertise around the Olympics, giving smaller companies the opportunity to compete with corporate giants.

Instagram. Cale Guthrie Weissman (@caleweissman) digs into Instagram's evolution as a business platform.
Fast Company

Stealth mode. Zach Ferris says the biggest problem with stealth mode is that you aren't showing your product and getting feedback from potential customers and partners.

Why we need an alternative to venture capital. Stefano Bernardi (@stefanobernardi) shares reasons why he thinks there is an opportunity for alternatives to standard VC approaches.
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