Last Friday, Ann Miura-Ko, who is a partner at Floodgate, published an interesting article called 'True product-market fit is a minimum viable company'. She questions 'whether the importance of product-market fit is a myth.' The article aligns with the thoughts I shared end of last week and illustrates well the change of mind that is happening in Silicon Valley and the broader venture community. Ann argues that the old rules of building tech companies, that led to some incred
I shared some predictions on the 2020 funding environment with my portfolio companies before Christmas. So I thought I would share them with the broader 'Opportunities Everywhere' community too. 2020 will be a tough year for many startups raising their Series A and B rounds. Markets behave in a weird way and swings happen very quickly. Most of the time they are not driven by rational analysis but by humans' sentiment of the future, either they are too excited or too scared...
As I pull out my crystal ball and look ahead, I think that 2020 will be the year where the looming climate crisis will penetrate the human consciousness at a global scale. Time Magazine named Climate change activist Greta Thornberg the youngest ever “Person of the Year.” As my friends at Maveron put it, 'we will see people, especially young people, globally display unprecedented environmental activism. Brands and capital allocators will be called out for not acting as strong
I recently came across this amazing wired article called 'A brief history of smartphone notifications'. The article is about how humans are suffering from an overload of notifications, and about how we came to this point. Initially designed at a time before social media and mobile apps, notifications have grown to become a massive problem not only to our stress levels but also to our productivity. This staggering data point says it all: 'Modern smartphone users receive more t
It is clear that the modern workplace is becoming increasingly distributed. People are working across different time zones and the need for richer communication and better collaboration tools led to the rise of many B2B SaaS success stories such as Slack, Dropbox (Paper), Zoom, Realtimeboard, Monday, Figma, etc. and there will be many more... But not only the way we work is changing dramatically, also how we live. Digital Nomadism is going mainstream. And with it the need for
In my previous post on the rise of B2C SaaS I said that ‘there is a change in the way people consume digital content and services across age groups and verticals.’ In this post I will deep dive on one age demographic, those aged over 60. For more details and interesting data points, please have a look at our full Mangrove report here: ‘Silver Tech: Emerging Opportunities in The Third Age Economy’. Most VCs are talking about how millennials reshape lifestyles through their ext
Most of you know that I am big fan of B2B SaaS. I absolutely love the business model and had the opportunity to work with and learn from some of Europe’s fastest growing SaaS businesses such as RedPoints in Spain or Walkme, Wix and Tailorbrands in Israel. Europe is becoming a power house in B2B SaaS. The continent has created many great SaaS businesses in the past with billion dollar outcomes such as Wix, Zendesk, SuccessFactors, Trusteer, AVG, Mimecast, Conduit and Fleetmati