"In 2013 Ms Lee found just 38 unicorns in America.
Today there are 156"
I wonder what could have happened in that time frame? Perhaps the ubiquity of iPhones and Android devices which have opened up old business to new competition?
And with the surge in new tech companies come more companies to service the tech
Pager duty, New relic, cloudera, zoom, mongo DB
And also how much has the internet population and usage grown between 2013 and present.
I'm not saying that the market isn't over heated, or that there won't be some companies that will face tough times in a liquidity crunch, but a bit less biased reporting would be nice.
But with media these days it's all about eyeballs and impressions so balanced reporting is for the 2000s.
Multiple things combined to give this explosion. Off the top of my head :
- 4G / 3G internet access became widespread, meaning you could suddenly have access to a lot of internet bandwidth in each phone user's hands.
- Android and iOS made it easy to make applications that are almost as powerful as what a desktop application can do, which lead to many app driven ideas.
- Countries like India and China rapidly embraced the internet and have huge populations on the internet now / on the way to the internet.
- Machine learning really kicked off once GPUs made deep learning viable, this allows a lot of data to be processed and insights to be obtained.
Today there are 156"
I wonder what could have happened in that time frame? Perhaps the ubiquity of iPhones and Android devices which have opened up old business to new competition?
Hotels > Airbnb Taxis > Uber, Lyft FB > Snapchat PayPal > Stripe
And with the surge in new tech companies come more companies to service the tech
Pager duty, New relic, cloudera, zoom, mongo DB
And also how much has the internet population and usage grown between 2013 and present.
I'm not saying that the market isn't over heated, or that there won't be some companies that will face tough times in a liquidity crunch, but a bit less biased reporting would be nice.
But with media these days it's all about eyeballs and impressions so balanced reporting is for the 2000s.