CEO of StartupX | DeFi, NFT, Crypto, Web3.0 Builder | Co-Founder at IxSA | Director of Startup Weekend Singapore | Sustainability Champion
CEO of StartupX | DeFi, NFT, Crypto, Web3.0 Builder | Co-Founder at IxSA | Director of Startup Weekend Singapore | Sustainability Champion
DurwinBurger King gave candy to a worker has worked for more than 20 years.
The Whopper, which was first introduced in 1957, was a quarter-pound, oversized burger on a vast five-inch bun that cost a reasonable 29 cents.Large corporations can be cruel and uncaring. They often claim to care about their employees, but sometimes the reality can be quite different. This is the story of Kevin Ford, a cook and cashier at Burger King who had worked tirelessly for over two decades. To celebrate his remarkable feat of never taking a sick day, Burger King decided to shower him ...
DurwinSomeone crashed the entire Onion market in America, made millions, walked away scott-free and starte…
We learnt that perfect monopoly can cause catastrophic damage to any economy, even the onion market.A tiny man who rocked America with Onions History doesn’t repeat, but it rhymes. You want to learn something, anything? Look back in history and it will surprise you just how eerily relevant it can be even in modern times. With the advent of Bitcoin, Cryptocurrencies, Tech titans and startups, you get all sorts of happenings like Tulip Mania, recessions, Feds stepping in, market manipulations a...
DurwinThe youngest self-made billionaire just bought Forbes.
Austin Russell is an American entrepreneur, founder and CEO of Luminar Technologies. Luminar specializes in lidar and machine perception technologies, mainly used in autonomous cars. Luminar went public in December 2020, making him the world’s youngest self-made billionaire at the age of 25.Wha’s up with billionaires and news media? In a stunning turn of events, Austin Russell, the youngest self-made billionaire of 2021, has made headlines once again by acquiring a majority stake in Forbes ma...
DurwinBurger King gave candy to a worker has worked for more than 20 years.
The Whopper, which was first introduced in 1957, was a quarter-pound, oversized burger on a vast five-inch bun that cost a reasonable 29 cents.Large corporations can be cruel and uncaring. They often claim to care about their employees, but sometimes the reality can be quite different. This is the story of Kevin Ford, a cook and cashier at Burger King who had worked tirelessly for over two decades. To celebrate his remarkable feat of never taking a sick day, Burger King decided to shower him ...
DurwinSomeone crashed the entire Onion market in America, made millions, walked away scott-free and starte…
We learnt that perfect monopoly can cause catastrophic damage to any economy, even the onion market.A tiny man who rocked America with Onions History doesn’t repeat, but it rhymes. You want to learn something, anything? Look back in history and it will surprise you just how eerily relevant it can be even in modern times. With the advent of Bitcoin, Cryptocurrencies, Tech titans and startups, you get all sorts of happenings like Tulip Mania, recessions, Feds stepping in, market manipulations a...
DurwinThe youngest self-made billionaire just bought Forbes.
Austin Russell is an American entrepreneur, founder and CEO of Luminar Technologies. Luminar specializes in lidar and machine perception technologies, mainly used in autonomous cars. Luminar went public in December 2020, making him the world’s youngest self-made billionaire at the age of 25.Wha’s up with billionaires and news media? In a stunning turn of events, Austin Russell, the youngest self-made billionaire of 2021, has made headlines once again by acquiring a majority stake in Forbes ma...
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Like everything in life, the best of any field or industry dominates over others by an enormous margin.
“BestBroker’s report identified the top 10 entities that have invested in the largest number of unicorns. According to the data, just ten firms own 38% of all 1143 unicorns currently on the market. Accel leads the way with ownership in a staggering 67 companies valued at over $1 billion, while Tiger Global Management and Insight Partners both invested in 61 unicorns.”
What is interesting is that of the top 10 VC firms in the world, 7 belongs to the U.S.
China has 2 spots and of course, Softbank is there too.
What would be fascinating is if we cross-compare this data to the number of IPOs or exits each of the top 10 VCs have.
I wonder who will emerge winner?
Apparently A16Z, Accel, Sequoia and Tiger Global are all ranked highly on that metric.
So where is the money flowing to?
Software and Fintech, it seems.
“Grouping these unicorns by industry shows an undeniable trend — the majority of VC money seems to be going to software and fintech companies.”
““Since the beginning of 2021 fintech unicorns grew by a staggering 330%, followed by internet software and services with 274% and cybersecurity with 267%. Next in the list are health, data analytics, logistics, and AI. We can clearly see how the trending industries are influenced strongly by the pandemic and the changes it brought about,” said Alan Goldberg, an analyst at BestBrokers.”
It makes sense, Fintech and Software has always dominated VCs money since the beginning of VC.
But don’t sleep on Cybersecurity and AI.
With more tech, more software, more data eating the world, cybersecurity is critical.
Companies can no longer ignore it any longer and will spend top dollar to protect and safeguard their data, for their users and themselves.
AI is developing, maturing and growing nicely over the years.
As we see more interesting applications and implementations into real-world situations like AI for driving, solving complex problems, medical research, VCs will continue pouring in money to fund growth.
What is interesting is that ecommerce is quite popular amongst VCs too.
Given the rise of mobile and internet penetration in Asia especially, it makes sense why ecommerce is booming.
“The changes brought on by the pandemic are most evident in the growth we’ve seen in e-commerce. E-commerce and direct-to-consumer companies are strongly represented in the portfolios of all Asian entities on the list, with the industry taking first place in all three Asian firms.”
Asia is growing, as predicted, for many years, by many people.
Asia’s talent is maturing, we are gearing up for the next big wave, seeding thoughtfully in fields that will give us the extraordinary edge in the future.
The startup ecosystem is maturing too, slowly but surely.
I look at investing in Asia with great interest.
Here’s to another decade of growth, opportunities and prosperity.
-
Will fintech and software continue to dominate in the future?
-
#startups #business #startupx #growth #success #socialmedia #culture #entrepreneurship #strategy #ecommerce #VC #venturecapital #growth #investment #unicorns
Like everything in life, the best of any field or industry dominates over others by an enormous margin.
“BestBroker’s report identified the top 10 entities that have invested in the largest number of unicorns. According to the data, just ten firms own 38% of all 1143 unicorns currently on the market. Accel leads the way with ownership in a staggering 67 companies valued at over $1 billion, while Tiger Global Management and Insight Partners both invested in 61 unicorns.”
What is interesting is that of the top 10 VC firms in the world, 7 belongs to the U.S.
China has 2 spots and of course, Softbank is there too.
What would be fascinating is if we cross-compare this data to the number of IPOs or exits each of the top 10 VCs have.
I wonder who will emerge winner?
Apparently A16Z, Accel, Sequoia and Tiger Global are all ranked highly on that metric.
So where is the money flowing to?
Software and Fintech, it seems.
“Grouping these unicorns by industry shows an undeniable trend — the majority of VC money seems to be going to software and fintech companies.”
““Since the beginning of 2021 fintech unicorns grew by a staggering 330%, followed by internet software and services with 274% and cybersecurity with 267%. Next in the list are health, data analytics, logistics, and AI. We can clearly see how the trending industries are influenced strongly by the pandemic and the changes it brought about,” said Alan Goldberg, an analyst at BestBrokers.”
It makes sense, Fintech and Software has always dominated VCs money since the beginning of VC.
But don’t sleep on Cybersecurity and AI.
With more tech, more software, more data eating the world, cybersecurity is critical.
Companies can no longer ignore it any longer and will spend top dollar to protect and safeguard their data, for their users and themselves.
AI is developing, maturing and growing nicely over the years.
As we see more interesting applications and implementations into real-world situations like AI for driving, solving complex problems, medical research, VCs will continue pouring in money to fund growth.
What is interesting is that ecommerce is quite popular amongst VCs too.
Given the rise of mobile and internet penetration in Asia especially, it makes sense why ecommerce is booming.
“The changes brought on by the pandemic are most evident in the growth we’ve seen in e-commerce. E-commerce and direct-to-consumer companies are strongly represented in the portfolios of all Asian entities on the list, with the industry taking first place in all three Asian firms.”
Asia is growing, as predicted, for many years, by many people.
Asia’s talent is maturing, we are gearing up for the next big wave, seeding thoughtfully in fields that will give us the extraordinary edge in the future.
The startup ecosystem is maturing too, slowly but surely.
I look at investing in Asia with great interest.
Here’s to another decade of growth, opportunities and prosperity.
-
Will fintech and software continue to dominate in the future?
-
#startups #business #startupx #growth #success #socialmedia #culture #entrepreneurship #strategy #ecommerce #VC #venturecapital #growth #investment #unicorns
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