30 Marketing growth hack cards taken from the recent blog posts of the smartest cookies in the industry. Crazy, sneaky, happy and weird marketing hacks.
The document provides tips for pitching venture capitalists (VCs) to obtain funding. It outlines 10 essential elements to include in a pitch, such as an elevator pitch, problem description, solution, market size, business model, proprietary technology, competition, marketing plan, team, and funding needs/milestones. It emphasizes making the pitch memorable, obvious, and fun while demonstrating an unfair advantage, large market opportunity, and achievable milestones that will increase company value. Graphics, customer testimonials, and working demos or screenshots are highly recommended to capture attention and showcase the product or solution.
Go Viral on the Social Web: The Definitive How-To guide!XPLAIN
Creating a Viral Content success story has no recipe. It has a lot of variables, not all of which can be controlled by a Brand. However, this deck offers you the ideal How-To approach in creating tasteful, inspired Content that will help your message stand out from the information noise on Social Web and make people eager to share it around.
Here's the hard truth about marketing: your customers are better at it than you. Over the past decade, marketers perfected content creation, but as a result, things got a lot more competitive for businesses and a lot more crowded for buyers. So while creating content is still your best and cheapest strategy, it should no longer be your only strategy. That's where your customers come in. Learn more.
Measuring Success on Facebook, Twitter & LinkedInBrian Honigman
Third session of my NYU class on Social Media Analytics discussing the framework for measuring any social channel as well as the specifics for approaching Facebook, Twitter and LinkedIn.
The document provides a template for how founders should structure their seed funding presentation decks. It recommends keeping the decks concise by focusing on the narrative and avoiding excessive detail typically found in longer decks. The template then provides a sample deck following this advice, with sections laying out the problem being solved, product details, traction metrics, the business model, future plans, team, and funding request. The goal is to help founders create clear, simple decks that improve their chances of raising money at the seed stage.
What is Digital Strategy? presentation explains the role of digital strategy in easy to understand language.
This is a presentation from the online course 'Crash Course to Digital Strategy' that you can sign up to on Skillshare for $20 http://skl.sh/VOj2ol
Pay with a tweet to download - http://www.paywithatweet.com/pay/connect.php?id=3bc9bee2cfdc011872fc15e896cbd108
Looks at answering what the role of a Digital Strategist is in an Advertising Agency. A relative of the Communications Planner, Strategic Planner and Account Planner, Digital Strategy concentrates on understanding the digital consumer, brand, media and creativity.
Looking at the core skills of Insight Mining, Communication Planning and Digital Metrics for success.
Thanks to Mark Pollard, Ana Andjelic, Mike Arauz and the many other Digital Strategists who helped me work out this bloody hard question.
30 Marketing growth hack cards taken from the recent blog posts of the smartest cookies in the industry. Crazy, sneaky, happy and weird marketing hacks.
The document provides tips for pitching venture capitalists (VCs) to obtain funding. It outlines 10 essential elements to include in a pitch, such as an elevator pitch, problem description, solution, market size, business model, proprietary technology, competition, marketing plan, team, and funding needs/milestones. It emphasizes making the pitch memorable, obvious, and fun while demonstrating an unfair advantage, large market opportunity, and achievable milestones that will increase company value. Graphics, customer testimonials, and working demos or screenshots are highly recommended to capture attention and showcase the product or solution.
Go Viral on the Social Web: The Definitive How-To guide!XPLAIN
Creating a Viral Content success story has no recipe. It has a lot of variables, not all of which can be controlled by a Brand. However, this deck offers you the ideal How-To approach in creating tasteful, inspired Content that will help your message stand out from the information noise on Social Web and make people eager to share it around.
Here's the hard truth about marketing: your customers are better at it than you. Over the past decade, marketers perfected content creation, but as a result, things got a lot more competitive for businesses and a lot more crowded for buyers. So while creating content is still your best and cheapest strategy, it should no longer be your only strategy. That's where your customers come in. Learn more.
Measuring Success on Facebook, Twitter & LinkedInBrian Honigman
Third session of my NYU class on Social Media Analytics discussing the framework for measuring any social channel as well as the specifics for approaching Facebook, Twitter and LinkedIn.
The document provides a template for how founders should structure their seed funding presentation decks. It recommends keeping the decks concise by focusing on the narrative and avoiding excessive detail typically found in longer decks. The template then provides a sample deck following this advice, with sections laying out the problem being solved, product details, traction metrics, the business model, future plans, team, and funding request. The goal is to help founders create clear, simple decks that improve their chances of raising money at the seed stage.
What is Digital Strategy? presentation explains the role of digital strategy in easy to understand language.
This is a presentation from the online course 'Crash Course to Digital Strategy' that you can sign up to on Skillshare for $20 http://skl.sh/VOj2ol
Pay with a tweet to download - http://www.paywithatweet.com/pay/connect.php?id=3bc9bee2cfdc011872fc15e896cbd108
Looks at answering what the role of a Digital Strategist is in an Advertising Agency. A relative of the Communications Planner, Strategic Planner and Account Planner, Digital Strategy concentrates on understanding the digital consumer, brand, media and creativity.
Looking at the core skills of Insight Mining, Communication Planning and Digital Metrics for success.
Thanks to Mark Pollard, Ana Andjelic, Mike Arauz and the many other Digital Strategists who helped me work out this bloody hard question.
The document outlines Square's business proposition of providing a simple and low-cost way for merchants to accept credit card payments using a mobile device. Key points include:
- Square charges merchants a flat 2.75% fee per transaction with no setup costs or monthly fees.
- The company has experienced rapid growth, processing over $1 million in payments per day.
- Square targets small businesses and individuals by offering a simple interface and device that plugs into smartphones.
- Backed by experienced founders and investors, Square aims to become the dominant platform in mobile payments by acquiring new merchants through wide exposure and competitive pricing.
1. The document discusses growth hacking techniques for startups, including using unconventional marketing methods, focusing on distribution over brand awareness, and measuring everything to find what works.
2. Growth hacking blends creative marketing, software engineering, automation, and data analytics. It involves knowing customers, testing ideas manually before automating, and measuring website performance.
3. The document provides tips for growth hacking stages like user acquisition, the first user experience, and optimizing conversions through testing. It emphasizes talking to users, defining metrics, and A/B testing pages and elements to improve growth.
The investor presentation we used to raise 2 million dollarsMikael Cho
The investor presentation we used to raise 2 million dollars for ooomf.com (now pickcrew.com)
View the online version here: https://pickcrew.com/investors/
25 stats—13 positive, 12 negative—that reflect the marketing world, including content marketing, social media, email newsletters, analytics, blogging, digital video, and more.
Keep these stats in mind when crafting your marketing strategy.
THE SCIENCE BEHIND EFFECTIVE FACEBOOK AD CAMPAIGNSunfunnel
http://unfunnel.com/facebook-ads-guide
A successful Facebook Ad is made of 2 components: a great design, targeted to the right audience. By analyzing over 100,000 real world ads we’ll show you what’s trending right now.
We not only provide you with the science and data behind a successful Facebook ad, but we also give you actionable best practices and highlight examples of companies doing it right.
Download this guide from Adspresso and HubSpot to learn how to create perfect Facebook ads based on real data on headlines, popular words, numbers and sentiments, and more!
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive function. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
Coinbase is a hosted bitcoin wallet that allows users to store and transact bitcoin without needing to download the full bitcoin blockchain. It has seen rapid growth, with 20% daily increases in signups and $65,000 USD in transactions in its first 5 weeks, as it aims to make bitcoin easier to use like a traditional payment network and currency.
Pitch Deck-Format-NinzaBiz.com | investment Deck for Fund RaisingShibam Sarbswa 🚀
This fundraising pitch deck outlines the key components to include when pitching investors: the company purpose, the problem it solves for customers, the proposed solution, why the solution is needed now, the size of the target market, competitors, product details, business model, team, and financial projections. The presentation seeks funding to address a customer pain point and make their lives better through a new product or service.
This document provides a social media strategy for Shake Shack. It includes an audit of current social media performance and competitors. Objectives are to increase following by 10% in 6 months and drive more customer posts through hashtags. Key messages are about quality, fast food and social responsibility. Strategies include influencer marketing, contests, and timely posts around holidays. Roles define the director, manager and coordinator. The policy outlines responsible social media use to protect Shake Shack's brand.
This document summarizes a task management tool called Taskly. It allows users to manage tasks in any workflow and supports getting things done more easily. The tool is designed to be easy to use, support any workflow, and actually help users complete tasks. It generates revenues through a freemium model with unlimited tasks for a $4 monthly fee. The company aims to grow through word of mouth, social media, and providing a helpful product to users.
Tips from Calvin and Hobbes on how to be a good customerFreshdesk Inc.
What could a careless, mischievous six year old possibly teach you about being a good customer? Well, not much really, but he can surely tell you a lot about what you should NOT do.
Here are a few things you can learn from Calvin about being a good customer.
For more tips on customer support, head over to the Freshdesk blog - http://blog.freshdesk.com/
Este é o pitch deck do Beved. Ele foi apresentado no Demo Day do SEED, um programa de aceleração do Governo de Minas Gerais.
O Beved é um mercado livre de aulas online e aulas presenciais onde qualquer pessoa pode ensinar e aprender algo novo.
Além disso, o Beved oferece soluções de EAD para empresas que desejam aperfeiçoar seus colaboradores ou que desejam produzir e vender conteúdos para consumidores finais.
O Beved também pode ser levado no bolso, sem precisar de internet. Basta baixar o nosso aplicativo para ter acesso ao nosso acervo de forma offline, sem gastar seu 3G :)
www.beved.com.br
Top Tips and Tricks for creating a Kick Ass Pitch DeckEllena Ophira
This presentation provides tips for creating an effective pitch deck. It discusses including key elements such as the user problem and solution, market size and opportunity, business model, competitive landscape, product details and competitive edge, team information, strategy, financial projections, and funding request. Graphics and stories should be used to engage investors. Feedback is important to improve the deck and pitch, and fundraising takes perseverance.
How To Make The Perfect Startup Pitch DeckBarcinno
Preparing for an investor presentation can be a pretty daunting task. Whether it’s your first time sending a pitch deck to investors or you’re presenting at Techcrunch Disrupt in front of 5.000 people, a solid structure is fundamental for a coherent and commanding presentation.
Communicating your message with clarity is everything. Given that you have limited time to present and captivate investors, presenting with passion, simplicity and power is paramount. We suggest that you organize your pitch deck in the following order as a general guideline. Remember, you only have a short amount of time for this pitch so practice until it’s perfect and stay focused!
Read the Complete Guide To Creating The Perfect Startup Pitch Deck here:
http://www.barcinno.com/10-slides-for-a-perfect-startup-pitch-deck/
We’ve shared a lot of data about whether and why ‘this time is different’. But beyond that, why is the tech market opportunity larger than any time in history (no, really!)? One word: mobile.
In this update of his past presentation on Mobile Eating the World — delivered this month at Andreessen Horowitz’ annual investor meeting — a16z’s Benedict Evans shares just how and why mobile changes everything. Because tech is outgrowing the tech industry.
The document outlines Square's business proposition of providing a simple and low-cost way for merchants to accept credit card payments using a mobile device. Key points include:
- Square charges merchants a flat 2.75% fee per transaction with no setup costs or monthly fees.
- The company has experienced rapid growth, processing over $1 million in payments per day.
- Square targets small businesses and individuals by offering a simple interface and device that plugs into smartphones.
- Backed by experienced founders and investors, Square aims to become the dominant platform in mobile payments by acquiring new merchants through wide exposure and competitive pricing.
1. The document discusses growth hacking techniques for startups, including using unconventional marketing methods, focusing on distribution over brand awareness, and measuring everything to find what works.
2. Growth hacking blends creative marketing, software engineering, automation, and data analytics. It involves knowing customers, testing ideas manually before automating, and measuring website performance.
3. The document provides tips for growth hacking stages like user acquisition, the first user experience, and optimizing conversions through testing. It emphasizes talking to users, defining metrics, and A/B testing pages and elements to improve growth.
The investor presentation we used to raise 2 million dollarsMikael Cho
The investor presentation we used to raise 2 million dollars for ooomf.com (now pickcrew.com)
View the online version here: https://pickcrew.com/investors/
25 stats—13 positive, 12 negative—that reflect the marketing world, including content marketing, social media, email newsletters, analytics, blogging, digital video, and more.
Keep these stats in mind when crafting your marketing strategy.
THE SCIENCE BEHIND EFFECTIVE FACEBOOK AD CAMPAIGNSunfunnel
http://unfunnel.com/facebook-ads-guide
A successful Facebook Ad is made of 2 components: a great design, targeted to the right audience. By analyzing over 100,000 real world ads we’ll show you what’s trending right now.
We not only provide you with the science and data behind a successful Facebook ad, but we also give you actionable best practices and highlight examples of companies doing it right.
Download this guide from Adspresso and HubSpot to learn how to create perfect Facebook ads based on real data on headlines, popular words, numbers and sentiments, and more!
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive function. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
Coinbase is a hosted bitcoin wallet that allows users to store and transact bitcoin without needing to download the full bitcoin blockchain. It has seen rapid growth, with 20% daily increases in signups and $65,000 USD in transactions in its first 5 weeks, as it aims to make bitcoin easier to use like a traditional payment network and currency.
Pitch Deck-Format-NinzaBiz.com | investment Deck for Fund RaisingShibam Sarbswa 🚀
This fundraising pitch deck outlines the key components to include when pitching investors: the company purpose, the problem it solves for customers, the proposed solution, why the solution is needed now, the size of the target market, competitors, product details, business model, team, and financial projections. The presentation seeks funding to address a customer pain point and make their lives better through a new product or service.
This document provides a social media strategy for Shake Shack. It includes an audit of current social media performance and competitors. Objectives are to increase following by 10% in 6 months and drive more customer posts through hashtags. Key messages are about quality, fast food and social responsibility. Strategies include influencer marketing, contests, and timely posts around holidays. Roles define the director, manager and coordinator. The policy outlines responsible social media use to protect Shake Shack's brand.
This document summarizes a task management tool called Taskly. It allows users to manage tasks in any workflow and supports getting things done more easily. The tool is designed to be easy to use, support any workflow, and actually help users complete tasks. It generates revenues through a freemium model with unlimited tasks for a $4 monthly fee. The company aims to grow through word of mouth, social media, and providing a helpful product to users.
Tips from Calvin and Hobbes on how to be a good customerFreshdesk Inc.
What could a careless, mischievous six year old possibly teach you about being a good customer? Well, not much really, but he can surely tell you a lot about what you should NOT do.
Here are a few things you can learn from Calvin about being a good customer.
For more tips on customer support, head over to the Freshdesk blog - http://blog.freshdesk.com/
Este é o pitch deck do Beved. Ele foi apresentado no Demo Day do SEED, um programa de aceleração do Governo de Minas Gerais.
O Beved é um mercado livre de aulas online e aulas presenciais onde qualquer pessoa pode ensinar e aprender algo novo.
Além disso, o Beved oferece soluções de EAD para empresas que desejam aperfeiçoar seus colaboradores ou que desejam produzir e vender conteúdos para consumidores finais.
O Beved também pode ser levado no bolso, sem precisar de internet. Basta baixar o nosso aplicativo para ter acesso ao nosso acervo de forma offline, sem gastar seu 3G :)
www.beved.com.br
Top Tips and Tricks for creating a Kick Ass Pitch DeckEllena Ophira
This presentation provides tips for creating an effective pitch deck. It discusses including key elements such as the user problem and solution, market size and opportunity, business model, competitive landscape, product details and competitive edge, team information, strategy, financial projections, and funding request. Graphics and stories should be used to engage investors. Feedback is important to improve the deck and pitch, and fundraising takes perseverance.
How To Make The Perfect Startup Pitch DeckBarcinno
Preparing for an investor presentation can be a pretty daunting task. Whether it’s your first time sending a pitch deck to investors or you’re presenting at Techcrunch Disrupt in front of 5.000 people, a solid structure is fundamental for a coherent and commanding presentation.
Communicating your message with clarity is everything. Given that you have limited time to present and captivate investors, presenting with passion, simplicity and power is paramount. We suggest that you organize your pitch deck in the following order as a general guideline. Remember, you only have a short amount of time for this pitch so practice until it’s perfect and stay focused!
Read the Complete Guide To Creating The Perfect Startup Pitch Deck here:
http://www.barcinno.com/10-slides-for-a-perfect-startup-pitch-deck/
We’ve shared a lot of data about whether and why ‘this time is different’. But beyond that, why is the tech market opportunity larger than any time in history (no, really!)? One word: mobile.
In this update of his past presentation on Mobile Eating the World — delivered this month at Andreessen Horowitz’ annual investor meeting — a16z’s Benedict Evans shares just how and why mobile changes everything. Because tech is outgrowing the tech industry.
There is no point in drawing a distinction between the future of technology and the future of mobile. They are the same. In other words, technology is now outgrowing the tech industry.
by Benedict Evans. Please see this link for full description, slides, AND version with talk track: http://a16z.com/2016/12/09/mobile-is-eating-the-world-outlook-2017/
Network effects. It’s one of the most important concepts for business in general and especially for tech businesses, as it’s the key dynamic behind many successful software-based companies. Understanding network effects not only helps build better products, but it helps build moats and protect software companies against competitors’ eating away at their margins.
Yet what IS a network effect? How do we untangle the nuances of 'network effects' with 'marketplaces' and 'platforms'? What’s the difference between network effects, virality, supply-side economies of scale? And how do we know a company has network effects?
Most importantly, what questions can entrepreneurs and product managers ask to counter the wishful thinking and sometimes faulty assumption behind the belief that “if we build it, they will come” … and instead go about more deterministically creating network effects in their business? Because it's not a winner-take-all market by accident.
Looking to scale something up? Depending on how you're going after your market/ acquiring users, you may need to build a sales organization that's optimized for a top-down or bottom-up sales process (or perhaps both).
Watch the video overview at http://a16z.com/2015/03/06/go-to-market-bootcamp/ and then check out this slide deck, which shares some concrete tips and tools for accelerating time to market -- from the go-to-market experts at a16z, led by 'sales savant' Mark Cranney.
Because selling to enterprises is a lot like getting a bill passed through Congress: it can get stuck. And getting stuck -- or going down the wrong path -- can mean death to startups in a competitive market. Here's how to avoid that.
In this update of his past presentations on Mobile Eating the World -- delivered most recently at The Guardian's Changing Media Summit -- a16z’s Benedict Evans takes us through how technology is universal through mobile. How mobile is not a subset of the internet anymore. And how mobile (and accompanying trends of cloud and AI) is also driving new productivity tools.
In fact, mobile -- which encompasses everything from drones to cars -- is everything.
This document provides an overview of technology trends and startup activity globally. It notes that technology is disrupting major sectors and connecting billions of people through mobile. European tech is doing well with many unicorns and IPOs. However, developed economies face challenges around job disruption and slowing GDP growth. Youth are worried about their future prospects. While large companies spend over $1 trillion annually on IT, technology is not transforming them fast enough. The document advocates learning from startup successes and embracing entrepreneurship to drive innovation and job growth.
This document provides an overview of technology trends and startup activity globally. It notes that technology is disrupting major sectors and connecting billions of people through mobile. European tech is doing well with many unicorns and IPOs. However, developed economies face challenges around job disruption and worries about the future. Education is not preparing people for the new digital world. Large companies are slow to change but startups are creating significant value in short periods. The document encourages learning by doing entrepreneurship which is becoming more mainstream.
Glenn Solomon provided an overview of the state of the VC market and trends in IPOs and M&A. Key points included:
- VC funding dollars have grown since the recession but deal numbers have remained steady, with larger deal sizes. Expansion and late stage rounds are significantly larger than in the past.
- IPO and M&A activity dipped in Q1 2015 but have recovered since. IPOs tend to be for older, larger companies with higher revenue but not necessarily profits. Successful 2014 IPOs were in enterprise software and infrastructure.
- The presentation covered performance of 2014-2015 IPOs and blockbuster 2014-2015 tech acquisitions over $1B.
The document discusses the growth of digital media and how consumption habits are shifting online and to mobile devices. Some key points:
- 2 billion people are now online, but 2/3 of the global population is still not connected
- Smartphone and tablet sales are growing rapidly while PC sales have stalled
- Digital advertising and content revenues are significant and growing as consumption moves online
- Social networks now see more time spent than traditional websites like portals
- These trends have disrupted some media like newspapers, and television may be next as viewing goes online
Rockit Summit, Val Bejenuta- Growing startups with corporations. Should you c...Rockit Conference
This document discusses the evolving relationship between tech startups and corporations from 2000 to 2015. It notes that in 2000, startups posed minimal disruption to corporations and online retail was less than 1% of the total retail market. However, by 2015, tech startups had grown significantly in size and funding, online retail grew to 14% of the market, and startups began disrupting major industries like transportation, banking, and automobiles. As a result, corporations shifted from seeing startups as threats to actively partnering with or acquiring startups to gain access to their innovation and understanding of new markets.
The document discusses trends in technology startups and entrepreneurship globally. It notes that technology is connecting more people worldwide through mobile devices and the internet. It highlights the rapid growth and high valuations of some startups. It then summarizes statistics on the success and funding of technology companies founded in various European countries. The document advocates for increasing support for entrepreneurship in Europe through education and investment.
The document discusses similarities between the tech bubble burst of 2000 and current private equity markets, examining whether private equity is experiencing a bubble. It notes that private equity has significantly outperformed public markets in recent years. However, there is more money than ever flowing into private equity markets globally, with fundraising and investment at much higher levels than in 1996, raising concerns about a potential private equity bubble.
The document discusses similarities between the tech bubble burst of 2000 and current private equity markets, examining whether a PE bubble may be forming. It notes huge increases in money flowing into PE, larger fund and deal sizes without barriers, and similarities to classic bubbles like abandonment of downside caution and rapid price growth beyond fundamentals. Reasons for concern include more capital than ever searching for deals and investors increasing already large PE allocations.
Media in the Digital World - Presentation by Henry Blodget, CEO, Editor-In-Chief of Business Insider at the NOAH 2015 Conference in Berlin, Tempodrom on the 9th of June 2015.
A FinTech Bubble or a Financial Revolution by Lou Kerner who runs the Social ...The FinFair Conference
In this presentation delivered at FinFair 2015, Wall Street's foremost social media analyst and fund manager, Lou Kerner, compares today's market to the late 1990s in order to answer whether we are witnessing another bubble or a revolution.
The first report on the Israeli Internet industry, written in 2012. Sheds light on the biggest companies and the most important trends in one of the world's most important hi tech hotbeds.
This document discusses the state of venture capital and whether it is still relevant given recent trends. It argues that while some parts of the early-stage market have cooled, traditional venture capital for Series A and B rounds has remained fairly consistent. The biggest change is that more successful startups are staying private longer, capturing more value before going public. This extends the time horizon for venture returns but also provides more upside potential for funds that maintain ownership stakes. Overall, the document concludes that venture capital is still very much active and relevant, though the opportunities may be in later-stage growth rather than early-seed investing.
Israel has a strong high-tech industry and is a global leader in research and development. It ranks second in the world in venture capital funds and number of patents granted, and ninth in number of high-tech startups. Israel also ranks first among OECD countries in expenditures on research and development as a percentage of GDP. The country's culture promotes entrepreneurship and the transfer of knowledge from its military and academia into industry.
The Changing Structure of the Venture Capital IndustryMark Suster
I presented this deck at the 2014 PreMoney Conference. I wrote a blog post here that goes into more detail: http://bit.ly/ChangingVC
The video of the presentation I gave is here: http://youtu.be/5MClCBUjbbE
The VC industry is changing. The press has focused on the wrong story - crowd funding. The bigger story is the shift from public financing to private financing and the bifurcation of the venture industry. This presentation examines the case.
Mariana Mazzucato: The Entrepeneurial StateIKT-Norge
The document discusses the role of the state in innovation and risk-taking. It argues that market failures do not fully explain major technological breakthroughs, which often relied on significant public funding and investment during early development phases. Examples are given of technologies powering the iPhone that emerged from military and government research programs. Charts show declining private sector investment in areas like energy innovation and increasing stock buybacks instead of R&D. The document advocates for an "entrepreneurial state" that takes on more risk during early stages of development to help drive radical innovation.
The document discusses trends in venture capital and the "Right Now Economy". It notes that venture capital is a cyclical industry that is now driving the next upward cycle based on four mega-trends: mobile, social, cloud computing, big data. These trends are transforming traditional industries like shopping, news, advertising, transportation, hospitality, entertainment, education, and healthcare. Hundreds of billions in market value have been transferred to new market entrants. The venture capital industry has resized after an anomalous previous cycle. The next cycle promises to be an era of strong venture returns with $500 billion expected to be returned to venture-funded companies in the next decade. Most value will be created privately, so investors need exposure to venture assets.
- There has been significant disruption in the venture capital industry due to changes like the rise of internet users, faster internet speeds, increased mobility, and social connectivity.
- The venture capital model has changed from relying primarily on board interactions and "VC knows best" to providing more operational support, thought leadership, peer learning platforms, and industry insights for portfolio companies.
- Leading venture capital firms are differentiating themselves by investing in extensive operational support services, transparency through blogging, peer-to-peer learning opportunities, and leveraging their domain expertise and relationships within specific industries.
The State of FinTech and the Time-Honored Rivalry Between Incumbents and Star...F-Prime Capital
Over the last few months, we have shared our perspective on the FinTech landscape with management teams at several large financial institutions and have summarized those views in this presentation. We look at how we arrived at this exciting period of FinTech disruption and what the next few years will look like -- how threatened are incumbents? which startups are likely to breakout? what does the emerging FinTech architectural stack look like?
It has some good data points and analysis, and we welcome comments and further discussion.
This document discusses the state of venture capital (VC) funding and analyzes whether VC is still relevant. It finds that while some claimed ICOs or other alternatives would replace VC, the VC market has actually grown significantly. Specifically, it notes that:
1) While pre-seed and seed deals have cooled off, micro-funds and overall VC funds raised have increased substantially.
2) "Mega-rounds" of $100M+ have driven most of the growth, with these rounds accounting for nearly half of all funding in 2018.
3) Successful companies are staying private longer, allowing VCs to capture more value growth before IPOs than in the past. For the top VCs
Similar a U.S. Technology Funding -- What's Going On? (20)
UnityNet World Environment Day Abraham Project 2024 Press ReleaseLHelferty
June 12, 2024 UnityNet International (#UNI) World Environment Day Abraham Project 2024 Press Release from Markham / Mississauga, Ontario in the, Greater Tkaronto Bioregion, Canada in the North American Great Lakes Watersheds of North America (Turtle Island).
Cleades Robinson, a respected leader in Philadelphia's police force, is known for his diplomatic and tactful approach, fostering a strong community rapport.
Methanex is the world's largest producer and supplier of methanol. We create value through our leadership in the global production, marketing and delivery of methanol to customers. View our latest Investor Presentation for more details.
The E-Way Bill revolutionizes logistics by digitizing the documentation of goods transport, ensuring transparency, tax compliance, and streamlined processes. This mandatory, electronic system reduces delays, enhances accountability, and combats tax evasion, benefiting businesses and authorities alike. Embrace the E-Way Bill for efficient, reliable transportation operations.
ZKsync airdrop of 3.6 billion ZK tokens is scheduled by ZKsync for next week.pdfSOFTTECHHUB
The world of blockchain and decentralized technologies is about to witness a groundbreaking event. ZKsync, the pioneering Ethereum Layer 2 network, has announced the highly anticipated airdrop of its native token, ZK. This move marks a significant milestone in the protocol's journey, empowering the community to take the reins and shape the future of this revolutionary ecosystem.
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2. 2
What’s going on in the public markets?
What are all these “unicorns”?
What’s going on in venture capital?
3. 3
0
20
40
60
80
100
1980 1985 1990 1995 2000 2005 2010
US tech IPO & private funding ($bn)
The starting point – what’s going on?
34 years of US tech funding
Source: Capital IQ, Jay Ritter, University of Florida, NVCA, a16z
IPO
Private
2014
4. 4
0
20
40
60
80
100
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140
1980 1985 1990 1995 2000 2005 2010
US tech IPO & private funding ($bn, 2014 dollars)
…inflation adjusted
(Can you spot the bubble?)
Source: Capital IQ, Jay Ritter, University of Florida, NVCA, a16z
IPO
Private
2014
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0
10
20
30
40
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200
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ForwardP/Emultiple
Indexprice
S&P IT index (adjusted for inflation)
But, earnings, not P/E multiples, are growing
This time, profits are driving returns – in fact, P/E multiples are at early 1990s levels
Source: Bloomberg
Forward P/E
multiple
Index
8. 8
0%
5%
10%
15%
20%
25%
30%
35%
1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
S&P IT index market cap as % of S&P 500 market cap
Tech’s contribution to S&P is flat
Public tech companies’ share of the overall US stock market is stable for 14 years
Source: Bloomberg
9. 9
0
1
2
3
4
5
1995 2000 2014 2020
Billion people online
And market size is for real this time
The internet is working now – from 40 million people online to 4 billion
Source: ITU, a16z
Smartphones
People online
10. 10
$0
$100
$200
$300
$400
$500
$600
$700
$800
$900
$1,000
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Tech funding per US internet user ($, 2014 dollars)
Funding per person online
US funding per internet user has been roughly flat since the bubble
Source: Capital IQ, ITU, US Census, a16z
Public $ / user
Private $ / user
11. 11
0
50
100
150
200
250
300
350
400
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
US online revenues ($bn, 2014 dollars)
People are spending (lots of) money online
US ecommerce + online ad revenue has increased ~15x since 1999
Source: US Census Bureau, IAB/PwC, a16z
Online
advertising
Ecommerce
12. 12
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
5,000
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
US retail revenue ($bn, 2014 dollars)
And there’s more to come
Ecommerce is still only 6% of US retail revenue – far more room to grow
Source: US Census Bureau, a16z
Ecommerce
Retail ex.
Ecommerce
13. 13
0.0%
0.2%
0.4%
0.6%
0.8%
1.0%
1.2%
1980 1985 1990 1995 2000 2005 2010
US tech funding (IPO + private) as % GDP
So funding as share of GDP looks moderate
Steady growth in funding reflects the scale of the opportunity
Source: Capital IQ, Jay Ritter, University of Florida, NVCA, BEA, a16z
2014
14. 14
“It’s different this time.”
*2014 dollars, venture & IPO. Source: Capital IQ, Bloomberg, BEA, ITU, US Census, Jay
Ritter, University of Florida, a16z
1999 2014
US tech funding $* $71bn $48bn
Funding as % US Tech GDP 10.8% 2.6%
S&P IT index forward P/E 39.0x 16.1x
Global internet population 0.4bn people 3bn people
US ecommerce revenues* $12bn $304bn
Number of IPOs 371 53
Median time to IPO 4 Years 11 Years
17. 17
The headlines are ominous.
61 US tech “unicorns” (private company with
>$1bn valuation).
75% of the largest VC investments have
been raised in the last 5 years.
Source: Capital IQ, CB Insights, a16z
18. 18
0
20
40
60
80
100
120
140
1997 1998 1999 2000 2011 2012 2013 2014
US IPO and private tech funding by round size ($bn, 2014 dollars)
But, the funding surge is in late-stage only
The funding explosion in 1999-2000 was at every stage – in 2014 it isn’t
Source: Capital IQ, a16z
Private $40m+
Private $1-40m
IPO
19. 19
0
2
4
6
8
10
12
1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Aggregate funding for top 20 US tech private deals ($bn, 2014 dollars)
Yes, there is more funding for larger deals
The top 20 private deals have suddenly become very large
Source: Capital IQ, a16z
20. 20
0
2
4
6
8
10
12
14
1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Aggregate funding for top 20 US tech deals ($bn, 2014 dollars)
But, this is just a rebalancing from IPOs
The top 20 deals used to be mostly IPOs – now they’re almost all private
Source: Capital IQ, a16z
IPO
Private
21. 21
0
50
100
150
200
250
300
350
400
0
10
20
30
40
50
60
70
80
1980 1985 1990 1995 2000 2005 2010
NumberofIPOs
IPOfunding($bn)
US tech IPO funding ($bn, 2014 dollars) and number of IPOs
And tech IPOs are essentially dead
The tech IPO market is at early 1980’s volumes
Source: Jay Ritter, University of Florida
IPO funding
Number of IPOs
2014
22. 22
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
1980 1985 1990 1995 2000 2005 2010
US tech IPO & private funding
IPOs used to be the norm – but no more
For most of the ‘90s the majority of tech funding was public – this has reversed
Source: Capital IQ, Jay Ritter, University of Florida, NVCA, a16z
IPO
Private
2014
23. 23
0
50
100
150
200
250
1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Median revenue at IPO ($m, 2014 dollars)
The bar for an IPO is now much higher
It used to be routine to hit $20m revenues and go public – not any more
Source: Jay Ritter, University of Florida
24. 24
Many companies that would in the past have
done an IPO are now doing late-stage
private rounds.
As you get to $40+ million rounds, these are
effectively “quasi-IPOs.”
These deals have different financials,
investors, and risk profiles to classic venture.
25. 25
0
10
20
30
40
50
60
70
1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
US tech IPO vs. quasi-IPO late-stage rounds ($bn, 2014 dollars)
Mix shifted from IPO to late-stage rounds
Quasi-IPOs are now 75% of investment dollars vs. 40% in the bubble
Source: Capital IQ, a16z
Private $40m+
IPO
26. 26
0
20
40
60
80
100
120
140
1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
US tech IPO versus quasi-IPO late stage rounds ($bn, 2014 dollars)
Public and private tech funding merge
And at modest levels – even combining public and private financing
Source: Capital IQ, a16z
Private $40m+
Private $1-40m
IPO
27. 27
As IPOs are delayed, returns move from
public to private investors.
Thus, traditional public market investors and
buyout funds, who would not typically invest
in companies at this stage, have moved into
the private markets.
28. 28
0
5
10
15
20
1998 2000 2002 2004 2006 2008 2010 2012 2014
Number of top 20 US tech deals with participation from non-traditional investors
Non-traditional investors drive growth rounds
Source: Capital IQ, a16z
29. 29
Because the returns have moved
Tech returns used to be in public markets – have now shifted to private
* Market cap at IPO. Source: Capital IQ
0%
20%
40%
60%
80%
100%
Apple
(1980)
Microsoft
(1986)
Oracle
(1986)
Amazon
(1997)
Google
(2004)
Salesforce
(2004)
LinkedIn
(2011)
Yelp
(2012)
Facebook
(2012)
Twitter
(2013)
Private versus public market value creation for select public US tech companies
Public value
creation*
Private value
creation
30. 30
Almost all the returns are now private
Old world tech giants returned plenty in public markets – new ones have not
Note: see endnotes for methodology. Source: Capital IQ, Pitchbook, Quora, a16z
0x
200x
400x
600x
800x
1000x
1200x
Apple
(1980)
Microsoft
(1986)
Oracle
(1986)
Amazon
(1997)
Google
(2004)
Salesforce
(2004)
LinkedIn
(2011)
Yelp
(2012)
Facebook
(2012)
Twitter
(2013)
Private versus public market return multiples for select public US tech companies
Public value
creation
Private value
creation
32. 32
741
374 369
277
212 199
171 151 151 145
111
77
40 38 29
0
100
200
300
400
500
600
700
800
Market Cap ($bn)
Finally, all unicorns combined = ~1 Facebook
If you’re investing for growth, would you rather own 2/3 of Microsoft or the index of
unicorns?
Note: Market cap data as of 6/5/15. Source: Capital IQ, CB Insights
All 61 $1bn+
US tech
“unicorns” as
of 6/9/15
All $1bn+ US
tech
“unicorns” ex
Uber
34. 34
0
20
40
60
80
100
120
1970 1975 1980 1985 1990 1995 2000 2005 2010
US tech VC fund inflows ($bn, 2014 dollars)
No surge in VC fundraising
Source: NVCA, a16z
VC funding is growing moderately
2014
35. 35
And relative to output, fundraising is down
VC funding as a percentage of tech GDP is down by half from 1980
Note: Value-added Tech GDP used for Tech GDP. Source: BEA, NVCA, a16z
0%
3%
6%
9%
12%
15%
18%
1980 1985 1990 1995 2000 2005 2010
US tech VC fund inflows as % of tech GDP
2014
36. 36
0
20
40
60
80
100
120
140
1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Dollars raised by round cohort and year ($bn, 2014 dollars)
Large rounds raise lots of money (obviously)
Overall dollars raised are dominated by quasi-IPOs (which arguably aren’t even really VC)
Source: Capital IQ, a16z
Private $40m+
Private $25-40m
IPO
Private $10-25m
Private $1-10m
37. 37
0
10
20
30
40
50
60
70
1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Dollars raised by round cohort and year ($bn, 2014 dollars)
Funding looks more moderate elsewhere
The total money going into deals under $40m is back to 2001 levels
Source: Capital IQ, a16z
Private $25-40m
Private $10-25m
Private $1-10m
38. 38
0.0
0.5
1.0
1.5
2.0
2.5
3.0
3.5
4.0
1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Companies raising rounds by round cohort and year (000s)
Late-stage is a small part of the ecosystem
But things are changing elsewhere, as the number of companies raising capital has doubled
since 2009
Source: Capital IQ, a16z
Private $40m+
Private $25-40m
IPO
Private $10-25m
Private $1-10m
39. 39
0%
50%
100%
150%
200%
250%
300%
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Indexed US tech funding for $1m-$40m rounds (2014 dollars)
More rounds, smaller rounds
2.5x more rounds while the round size dropped by a third – the mix is shifting
Source: Capital IQ, a16z
Average round
size
Number of rounds
Aggregate $
raised
40. 40
The collapse in the cost of creating tech
companies in the last two decades means
many more are being created.
With each one needing less money to get
started, there are a lot more small rounds.
That is, there is a surge in seed-stage
funding.
41. 41
0
200
400
600
800
1,000
1,200
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Number of rounds by cohort
Seed rounds have grown dramatically
$1-2m rounds have increased over 7x in the last decade (and this data probably doesn’t
capture all of them)
Source: Capital IQ, a16z
$3-6m rounds
$1-2m rounds
42. 42
0.0
0.5
1.0
1.5
2.0
2.5
3.0
3.5
4.0
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Aggregate US tech investment by round size cohort ($bn, 2014 dollars)
But absolute seed dollars remain small
Amount raised in $1-2m rounds is up 7x over 10 years, but still only $1.1bn (~5% of all sub-
$40m deal funding)
Source: Capital IQ, a16z
$1-2m rounds
$3-6m rounds
43. 43
0
5
10
15
20
25
0 1 2 3 4 5 6 7 8 9 10+
Total private + IPO funding by company age at funding, 1995-2014 ($bn, 2014 dollars)
Company age makes the shift clearer
The bubble saw a surge of funding of very young companies that’s not been repeated
Source: Capital IQ, a16z
1999–2001
2012–2014
44. 44
0
10
20
30
40
50
60
1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Total US tech funding by age cohort ($bn, 2014 dollars)
55% of bubble $ to <2 year old companies
Versus 80% of current funding going to +3-year-old companies
Source: Capital IQ, a16z
0-2 years old
+3-year-old
45. 45
0
500
1,000
1,500
2,000
2,500
1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Number of US tech deals by company age at round
Deal volume is back up…
More tech companies are being created
Source: Capital IQ, a16z
0-2 years old
+3-year-old
46. 46
0
5
10
15
20
25
30
35
40
45
1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Average US tech funding size by age at funding, IPO and private ($m, 2014 dollars)
But round sizes are down for early-stage
Source: Capital IQ, a16z
0-2 years old
+3-year-old
47. 47
0%
50%
100%
150%
200%
250%
300%
350%
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Indexed US tech funding for 0-2 year old companies (2014 dollars)
The cost of tech company creation is falling
Source: Capital IQ, a16z
Average round
size
Number of rounds
Aggregate $
raised
48. 48
0%
20%
40%
60%
80%
100%
120%
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Indexed US tech funding for 0-2 year old companies (2014 dollars)
Let’s take a closer look at round size
Average round size is flat over the last 6-7 years, while deal count has more than doubled
Source: Capital IQ, a16z
Average round
size
Aggregate $
raised
49. 49
Less money, more money
Which one do you want to believe? Both!
Order of magnitude reduction in the cost of
creating a software company
Shift from expensive hardware and
software to cloud, open source, GitHub,
etc.
So, more company creation, more rounds,
smaller round sizes
The seed surge
It’s never been cheaper to create software
companies
Funding is cheap
But scaling to address 3bn people is not
War for talent (and office space) in SF
Round sizes for hot deals have moved
upwards
But scaling to address the opportunity
costs money
50. 50
The shift in mix
Less money, more early stage
Source: Capital IQ, a16z
70.9
48.1
1999 2014
Total funding by deal type ($bn, 2014 dollars)
$1-10m $10-25m $25-40m $40m+ & IPO
2,192
2,293
1999 2014
Number of companies raising rounds
$1-10m $10-25m $25-40m $40m+ & IPO
51. 51
Round sizes are mostly flat (to down).
Late-stage round sizes are not spreading
down the chain.
It’s never been cheaper to build a tech
company.
Company creation is increasing (good!).
53. 53
A note on data
Sharing the perspectives and analyses presented in this deck required a time series of overall funding. However, there is no source of
comprehensive (let alone granular) deal-level data that goes back before the late 1990s. Therefore, we were obliged to vet and combine
incomplete data from multiple sources.
Where some data sets were more comprehensive on broad parameters but limited in historical range, others were broader than our
definitions of software tech (e.g., they included medical devices). There were other screening differences as well; for example as larger
deals became more commonplace but were not referred to as “venture” funding, we looked to a different source that would allow us to
roll up that deal-level data as shown in this deck.
To ensure as much rigor as possible in sourcing our data, we compared data from several sources against each other and then collated
and de-duped it into a master data set for a few years which we then checked for accuracy across each of those sources to determine
the best ones. While there are many caveats (and counterarguments!) we could make about the data given various tradeoffs, here are
some of the key things to note when reviewing this deck:
1. Historical transaction-level data is much more robust after 1996 than before it. We also had to fuse together different data sets, using
Jay Ritter & NVCA before 1996 and Capital IQ after 1996 and merging them at the join.
2. The data set for age at funding is not complete and becomes less complete the further back we go, especially before 1996. From 1998
to 2001 we are also missing founding year data for 20% of deals, versus 3% for later deals. The missing companies will skew heavily to
small and/or young companies, so adding this data would show an even greater swing than the one we point to in this presentation.
Notes for slide 30: Microsoft, Oracle & Amazon Series A valuations assumed at $3m for illustrative purpose; Series A to IPO represents
return multiple from Series A valuation to market cap at first close post-IPO