Mary Meeker one of the partners at renowned Silicon Valley venture-capital fund Kleiner Perkins Caufield Byer delivered her annual Internet Trends, Link here for her complete presentation (200+ slides). Below are the key pointers that I could spot
- Global internet user stands @3bn and is growing at 9% YoY, excluding india growth stands at 7% YoY
- India has 2nd largest of internet user with 277mn, after China, US drops to 3rd.
- India’s internet user grew by 40% YoY vs 33% YoY
- Global Smartphone user growth stands at 21%YoY vs 31% YoY
- China’s Gross Capital formation in last 6 years is higher than in previous 30 years (in numbers 2010-15 – US$21Tr, 1980-2009 – US$20Tr)
- World population growth rate is slowing to 1.2% vs 2% in 1975
- People shared 3bn photos in 2015 vs 2bn in 2014 and ~250mn in 2010
- In Thailand people shop online through instagram ( a primarily photo sharing app)
- Average global smartphone users has 33 apps of which one uses 12 daily, of which 3 actually take up 80% of time (4hrs) (3 apps are FB, WhatsApp & Chrome)
- As speech recognition accuracy goes from 95% to 99% it would be game changer (currently it stands around 90%)
- Google self-driving car project has driven more than 1.5mn miles, while Tesla customers have driven 100mn miles with Autopilot active.
- Slide 134 to 160 gives insight into how tech would change Automobile (Car) industry
- Amazon has 3% market share of total retail sales in USA, while Alibaba has ~6.5% share of total china retail sales
- Netflix has revenue half that of Viacom, however its market cap is double that of Viacom
- Non-tech companies have become aggressive in acquiring tech companies
- Highlights by other website – Link here
Other Articles
We’re all cyborgs living in a simulated reality’: Tesla and SpaceX CEO Elon Musk makes freaky claim – Link here
Dopamine Investors – Link here
Bring On the Blockchain Future – Link here
Inside McKinsey’s private hedge fund – Link here
Software as Weaponry in a Computer-Connected World – Link here
Gaokao season: China embarks on dreaded national exams – Link here – I wonder if some day MT educare or any other such firm would provide similar services, a potential new business line.
We’re beginning a massive experiment on the farm economy – The Texas cotton industry will show what happens when crop subsidies go away – Link here
New Tools Turn Manufacturing Workers Into Robo-Employees – Link here
Explaining Investing In Ways That Make Sense – Link here
It was in Jul’15 I had attended an talk by Jack Hidary (who is he) and from his talk it seemed pretty clear people are having too many apps (Tyranny of app) on their phone – The app boom is over – Link here and sooner or later it would collapse. And Indian company came up with substitute, but as anybody knows tech industry has lowest entry barrier and typically big gets bigger Google came up with its own version killing it – How Google killed AppSurfer – Link here
Too Human (Not) to Fail – Link here
How Disney found its way back to creative success – Link here
James Randi and the Seer-Sucker Illusion – Illusion is not Forecasting – Link here
Welcome to Larry Page’s Secret Flying-Car Factories – Link here