Hi there, 

Today, we break down the medium-term implications of SVB’s challenges.

And it is not pretty.

The implications include: 

• Lower valuations

• Higher startup mortality

• Intensifying layoffs

There is lots of shocking data (yes — I just described data as shocking) in this brief around headcount at unicorns, tech IPOs, valuations, and more.

If you invest in, acquire, partner, or buy from startups, you should read it.

All hail the Retail Tech 100

We just released our third annual list of the 100 most promising retail tech startups in the world.

They represent 20 different countries and 14 different categories — from digital shopper engagement to unattended checkout.

Learn how they’re helping retailers create better experiences for their customers and enhance operational efficiency in our Retail Tech 100 Report.

Feed me

Generally, large language models (LLM) trained on more text will be superior to those with less.

So big tech companies trying to compete in generative AI will likely look to snap up content publishers, to gain exclusive access to their language/text.

Who are the most attractive language licensing targets? From healthcare to entertainment, we identify the top 21 players that should be on big tech’s radar in this brief.

SVB in fintech and beyond

SVB’s impact on valuations, layoffs, and startup mortality will be significant.

But interestingly, its impact on fintech startups in particular may also be significant given the infrastructure role it plays in the fintech ecosystem.

We map out some of its biggest fintech clients and partnerships to visualize the impact in this brief.
 

CBI customers can also dive deeper into:

• SVB’s key VC relationships here

• And the top healthcare investors in its inner circle here

Tech? Check

UnitedHealth Group’s technological embrace continues to strengthen.

In fact, Optum — its tech-forward health services subsidiary — now accounts for 56% of its total revenue.

Learn more about how the healthcare titan is leveraging tech to expand its offerings in this strategy map.

Bloomberg. Tim Culpan (@tculpan) reports on the impact of SVB’s challenges and cites CB Insights research.

Rest of World. Issie Lapowsky (@issielapowsky) and Erin Wong (@erinxy) cover the difficulties facing the tech industry and cite CB Insights research.

TechCrunch. Mary Ann Azevedo (@bayareawriter) discusses the fintech venture environment and cites CB Insights data here and here.
 

I love you. 

Anand

@asanwal

P.S. On April 6, our principal retail analyst will be covering key trends, tech, and themes from Shoptalk 2023. Want insights? Register today to save your spot.