But if everybody is doing the same thing, your only chance to compete is finding (and betting on) talent significantly before everybody else. Way before it emerges.
Year: 2021
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“Twist charges 9c a base pair for DNA, a nearly 10x decrease from the industry standard 10y ago. As a customer, you can visit the Twist website, upload a spreadsheet with the DNA sequence that you want, select a quantity and pay for it with a credit card.”
https://t.co/tudRkYjmqz
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“Digital customer acquisition costs—which include Google and Facebook ads, paid search and content creation—are up nearly 50% over the past five years, according to ProfitWell
…
Stores are like an inexpensive billboard”
https://t.co/E6lo2qFgba
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“Some angel investors, who invest their own money without a firm, are spreading their wings and evolving into solo venture capitalists, who invest external funds…Elad Gil, a prominent solo VC, made around 20 investments in 1H2021, raising a $620m fund.” https://t.co/StIzwjvZVT
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“Seed-stage valuations today are close to where series A valuations (of older companies that may already be generating revenue) were a decade ago. The average seed valuation for an American startup in 2021 is $3.3m, more than 5x what it was in 2010” https://t.co/StIzwjvZVT https://t.co/3U2Anhp6Ty
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“So far this year almost $600bn has been deployed in deals—10x the level of a decade ago.
…
What once was an American affair is now a global one, with 51% of deals by value in 2021 happening outside America.”
https://t.co/JvQltUVAKK
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“deals led or solely struck by private-equity shops, hedge funds and others that used to conduct little venture activity are on track to nearly double from $144bn in 2020 to $260bn this year.”
https://t.co/StIzwjvZVT https://t.co/ATh7dMq0Q5
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In 2008, I started translating virtualization[.]info in Japanese for the business audience that was reading from Japan. I found an exceptional partner in @moritacocoa and Networld Corp. Today, I’m considering translating my personal website in Chinese. It seems a daunting task.
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$120B in spending for 2022, 20% growth from last year.
Imagine a future where #AI can generate these hypercasual games. Initially, we’d see oversaturation. Then, hypercustomization: “Hey Siri, today I want to play a game with huge animated chess pieces.”
https://t.co/hDHcgA2rxx
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*yes, I can’t get over the fact that we never had a -proper- remake of Battle Chess in 30 years