Women (founders) are more likely to say they want to “change the world” : Global Startup Ecosystem Report 2018.
I wanted to take a peek at last years Startup Genome Global Startup Ecosystem Report – 2018 (new one due next month) and in continuation of my post ‘Women make 25% less than men’ – last Sunday(10th March) I wanted what the surgery said about Startup Founder – both female and male.
Gary Vaynerchuk is either loved or hated. Over the past several months he has been very active on LinkedIn. Something he wrote sometime back stayed with me – “The truth is, the way to win on social media is to actually be social. ….The only real way to do this from scratch is to become part of the conversation”.
In a report CBInsights analyzed 1100 startups (that raised seed rounds in 2008-2010) to answer exactly that question. Post seed funding 67% startups stall at some point, fail to raise or exit (unless they become self sustaining but unattractive for investors).
Will you disrupt or be be disrupted? This is an often repeated refrain. After Clayton Christensen published his series of books starting with ‘The Innovators dilemma’ the story of simplified solutions upending complex expensive ones are common lore. Who has not discussed the long march of simple over complex – PC over mainframes, Korean over Japanese over American cars, E-Trade over Schwab over Merrill Lynch. Skype and other VOIP services over phone co’s. Square over Visa and Mastercard, Smartphone camera’s over Digital cameras over Kodak and Nikon.
CSO insights report that in 2016 only 45.8% of forecasted deals closed as predicted. The recent survey of over 270,912 closed won opportunities (making up over $18.1 B in closed revenue ) by InsideSales shows the story continues quite, well, predictably.
The ability to make any use of personal data collected will be severely restricted in a similar manner as it is already in place in European Union through the General Data Protection Regulation. GDPR is one of the most comprehensive data protection laws in the world today. CCPA is considered to be one of the most significant legislative privacy laws in the US.
Apparently in a lot of places. FastCompany recently released their top 50 innovative companies list. These companies were chosen from a list of 410 nominated across 41 categories and countries. The list includes the obvious suspects like Square, Twitch, Shopify, Alibaba, Grab (Singapore, 1bn revenue, Ride hailing + Food delivery+ Finance) and, well, Apple!
“…..No more drudgery, no more toil. This gives us the chance to imagine an entirely different kind of society, … where creators, discoverers, performers and innovators come together with their patrons and financiers to talk about issues, entertain, enlighten, provoke each other.”
As always, the Blissfully Annual SAAS report has a wealth of interesting findings. App turnover is common (I get that – with so many me too products with little differentiation chasing the same market) – typical mid sized companies changed 39% of their stack last year. 71% of companies has at leas one SaaS subscription with no billing owner.
In the Microsoft paper on ‘The Open Secrets of Buyer Seller Alignment’ the chapter on buyers journey opens with the above comparison :
