A poem for Silicon Valley
From Berkshire Hathaway's annual meeting, this is quite an indictment of active investing strategies.
Of course, the Pundit Industrial Complex is big and strong and they need to push these things. Cuz, well, consultants gotta consult.
As people wake up to this, it may portend good things for folks like Betterment and the robo-adviser movement. The conversations with Jon Stein (@jonstein), the CEO of Betterment, and Josh Brown (@reformedbroker) of CNBC about the changes to wealth management are two of the conversations I'm most excited about at the upcoming Future of FinTech Conference.
Recently, many top digital media players and their venture arms have made bets on AR/VR, including Comcast Ventures, Axel Springer, and The Walt Disney Company.
This is not good
Majority of folks in Europe think their children will be financially worse off than they are.
Smart money slowdown
We look at the top smart money VCs and their participation in the ed tech space. Notable investors, including Sequoia Capital, Benchmark Capital, and Accel Partners have participated in over 160 ed tech funding rounds cumulatively since 2011. But they have been decreasing their involvement in the industry over the past two years.
Last year saw the deployment of a 221 $100M+ financings to VC-backed companies. Despite the initial increases, we look at mega-round and unicorn activity over the last five quarters and see a decreasing trend towards the end of the year into 2016.
A poem about Silicon Valley
This is genius. An excerpt of a poem assembled by questions on Quora.
The Industry Standard
CB Insights data is the most trusted by those in the industry and the media. A few recent hits.
Financial Post. Incumbent financial services providers in Canada are calling on regulators to “level the playing field,” as upstarts offer new choices to consumers. Barbara Shecter (@BatPost) speaks with regulators and entrepreneurs and cites data from the Pulse of Fintech report.
Quartz. Michael J. Coren (@mj_coren) says the market seems to be yanking on Silicon Valley’s reins of late, comparing data from CB Insights’ Unicorn and Downround trackers.
Seeking Alpha. In his analysis of Grubhub’s stock performance over the past two years, Connor Hailey cites CB Insights’ in-depth research into the overcrowded food-delivery industry.
The Registry. Bay Area landlords are changing how they evaluate tech firms as potential tenants, reports Neil Gonzalez (@maxednews), referring to companies on the CB Insights Downround Tracker that have recorded a drop in valuation.
I love you.
P.S. Tech is invading consumer packaged goods. We'll help you get ready for it.