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Meatless BBQs. Amazon's next targets. Innovation flops.

The highlight reel

Hi there,

Future of Fintech 2019 — aka Coachella of Fintech — was 3 glorious days of speakers from Ripple, Stripe, Goldman Sachs, and much more.

With so much good stuff going on, it might have been hard to catch it all. But don’t worry, we’ve got you covered with the highlight reel.

More on that below, but first, some data.


Food for thought

Tomorrow is Independence Day here in the US, and Americans are expected to drop $6.7B on cookout supplies like hamburgers and hot dogs.

But the market for alternative proteins is growing — what might 4th of July barbecues look like in the future?

Check out our report on the meatless future for clues.




The youths

One of the hot topics at this year’s Future of Fintech was next-gen investors

This next generation of investors is taking some investment risks because they want in on the next big thing — whether it’s a sneaker marketplace (StockX) or crypto (Coinbase).

CBI senior fintech analyst Lindsay Davis discusses how to win over the next generation of investors here. You can also download the full presentation here.




 Blaze of glory

Last week, Illinois became the 11th state in the US to legalize recreational cannabis. We break down why the move matters and how startups and incumbents in the space could benefit.

Clients can read about it here.




Shake it up


Amazon has steamrolled retail verticals from books to music to toys — what will it take on next?

We take a look at 7 industries Amazon will likely shake up in the next 5 years and beyond.





Crypto decrypted

It wouldn’t have been Future of Fintech without discussing crypto. Some highlights:

You can check out our blockchain & crypto research here.


That's an...interesting idea...

Product innovation is key to staying competitive in an ever-changing marketplace, but creative ideas don't always work out.

From Crystal Pepsi to Microsoft's Zune to the Keurig Kold, we take a look at 141 of the biggest product failures of all time.





Take that right to the bank

CB Insights lead AI analyst Deepa Varadharajan spoke at Future of Fintech about how AI will transform banking. You can see the briefing here, and download the related report here.



Other FoF banking highlights:

  • Green Dot CEO Steve Streit warns that being a bank is really hard. You'll need capital and companies that want to become banks might want to be careful about what they wish for. 
  • Citi Global Consumer Banking CEO Stephen Bird chats about how Citi has the fastest growing base in North America, using its partnerships with fintech startups to help it grow faster than any of the big banks.



The Industry Standard

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

New York Times. NYT’s DealBook discusses unicorns that have had downrounds and cites CB Insights data.

Inc. The Young Entrepreneur Council (@yec) writes about 4 big reasons why small businesses fail and references CB Insights research.

Barron’s. Eric J. Savitz (@savitz) compares The RealReal’s IPO to Pets.com’s exit in 2000 and references CB Insights research.


I love you.

Anand
@asanwal 

P.S. Want to help bring product ideas to life? We're hiring a technical project manager (data).

The Blurb

A curated mix of articles worth sharing.

Listen to the wind. Businesses in the US and global investors are becoming increasingly bullish on renewable energy.
Fortune

Hold up. House lawmakers have requested that Facebook pause the development of its crypto project Libra until regulators can investigate its potential risks to the global finance system.
The Verge

Happy 4th from space. These “cosmic fireworks” likely resulted from one star cannibalizing another and have been going on for 200 years.
CNN

Show yourself! California is trying to reduce the power of bots by requiring that they show their “artificial identity” when they’re used to sell a product or sway a voter. 
The New Yorker

Ode to a pool float. Here’s how giant inflatable swans and unicorns took over social media.
Washington Post
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