The document discusses trends in venture capital and the "Right Now Economy". It notes that venture capital is a cyclical industry that is now driving the next upward cycle based on four mega-trends: mobile, social, cloud computing, big data. These trends are transforming traditional industries like shopping, news, advertising, transportation, hospitality, entertainment, education, and healthcare. Hundreds of billions in market value have been transferred to new market entrants. The venture capital industry has resized after an anomalous previous cycle. The next cycle promises to be an era of strong venture returns with $500 billion expected to be returned to venture-funded companies in the next decade. Most value will be created privately, so investors need exposure to venture assets.
19. Venture Right19
Social is Now Platform for Trust
say Facebook has the
greatest impact on
purchase behavior47%
“On the Internet, nobody knows you’re a dog.”
of businesses are using
Facebook for marketing2/3
Source: Edison Research
23. Venture Right23
Worldwide Data Growth
Big Data – Access to Everything
Cost per Gb
Information
Created from the
Beginning of
Civilization
until 2003
25. Venture Right25
Summary
• VC is a cyclical industry. Previous cycle was anomalous with
$100B raised.
• Right Now Economy is driving the next upward cycle based on
four underlying mega-trends (mobile, social, cloud infrastructure,
and big data)
• The VC industry has right-sized
• The next cycle promises to be a era for venture returns
• There will be $500B returned by venture-funded companies in the
next decade
• Most value will be created in the private market, so investors must
be in venture asset class