Predicting the future VC perspective

1. Confidential | 1Confidential | 1
Top 10 observations
for 2018
Ronen Nir, General Partner

2. Confidential | 2Confidential | 2
Confidential | 2
5 challenging
Observations
facing the start up
eco-system

3. Confidential | 3
Confidential | 3
Early stage funding will continue to be
challenging
#1
$37.0
$26.7
$31.6
$4.1
$44.2
$45.2
$69.6
$79.2
$71.8
$61.4
4,696 4,458
5,381
6,734
7,872
9,226
10,444
10,432
8,637
5,948Deal Value ($B)
# Deal Closed
PintchBook NVCA Venture Monitor
*As of 9/30/2017 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017*

4. Confidential | 4
Confidential | 4
The battle for IT infrastructure is won
#2

5. Confidential | 5
Confidential | 5
Algorithmic Innovation is not Monetized
#3

6. Confidential | 6
Confidential | 6
IoT Business Model is still Unknown
#4

7. Confidential | 7
Confidential | 7
Rethinking the Open Source Licensing
Models
#5

8. Confidential | 8Confidential | 8
Confidential | 8
5 Opportunities
that are still
ahead of us

9. Confidential | 9
Confidential | 9
Goodbye “applications” hello
“vertical services”

10. Confidential | 10
Confidential | 10
Blockchain presents the right
philosophy but the wrong technology

11. Confidential | 11
Confidential | 11
We still have no clue how to mine
data

12. Confidential | 12
Confidential | 12
Welcome back semiconductors

13. Confidential | 13
Confidential | 13
Voice is the new O/S

14. Confidential | 14Confidential | 14
Thank you
ronenn@viola.vc