Interesting times.
An Era of Fundamental and Massive Change – The Capital Markets Innovation of the ICO
radical candour from a deep generalist
This is a good one. He recaps his predictions from 2017 and makes his 2018 predictions.
Interesting – Disney to 5th horseman. I think possible.
He is calling the top on FB stock – I tend to agree.
Watch and ponder…
This is a great read and not only highlights good reason to focus on less but how and why to do them.
Phase 1: When we really have clarity of purpose, it leads to success.
Phase 2: When we have success, it leads to more options and opportunities.
Phase 3: When we have increased options and opportunities, it leads to diffused efforts.
Phase 4: Diffused efforts undermine the very clarity that led to our success in the first place.
Great coverage from one of our SeedPlus Sessions.
Putting the Tech Back in FinTech – SeedPlus Session | Lets Talk Payments
That time I was in Korea and it was cold.
Enjoy!
This is a good recap of previous predictions and some new predictions.
Retail apocalypse is real.
Dollar Shave Club was so overpaid for.
Walmart is the comeback kid!
Great post by Brad Feld pulling together the book info and 2 great videos.
I have the book on order from Amazon and will start reading right after this one.
I have been trying to kick of my own year thinking about how to implement some of this ASAP.
It started with my new notebook, tracking my day better and having clear goals.
Anyway – these videos are a great place to start!
7 Predictions for SaaS in 2018:
The tax holiday for repatriation creates one of the most active M&A environments of the past ten years. The repatriation holiday is part of the new tax plan. It permit companies to bring US dollars held abroad (from software sales in other countries) back to the US at a lower tax rate than before. The scale is enormous. Apple could repatriate $252B, Cisco $65B, Google $55B. That cash could be used for dividends, share buy backs and acquisitions. Several landscape altering SaaS acquisitions will come to fruition because of cash availability from repatriation and because there are enough public SaaS companies at scale to add material revenue and market cap to buyers. Some ideas: Google buys Salesforce. Microsoft buys Workday. Oracle buys ServiceNow. There are now 5 publicly traded software companies worth more than $10B, and 19 companies worth between $2.5B and $10B.
Will be interesting to track his list this year but right at the top is the most interesting thing – the new tax stuff and it’s effect on the M & A market.
I wonder what this will mean for Asia – since some of the money parked overseas is in Asia and it wasn’t getting used to by Asian companies. Will it be used to by companies on their home turf?
What will this mean to the M & A market in Asia?
I personally think M & A activity will increase across the board in 2018 but we shall see.
I have spent the last few weeks in Thailand, upcountry near Cambodia in the sticks, and it is always enlightening for me. I read a bunch, hit the gym, and walk an hour each day. I also finished a bottle of wild turkey without drinking buddies.
Alas – I am back in Singapore, minus a few kilos and back at work. I love getting back to work!
Actually worked some while I was away since I have my 4G wifi router and for like 30 bucks I have all you can eat data for a few weeks. It never ceases to amaze me that I can basically keep operating like I was back at home. No – I don’t want to be a digital nomad, my productivity is way too low but I love that my gig allows me to move around.
The world is a strange place right now. I am glad to be in Asia. Especially glad to be in Singapore. I think tech will continue to explode but I also hope Singapore can learn to lead the way for how to deal with automation and the effect it will have on common employment. Governments are going to have to take an active role when it comes to society and AI – it can’t just be left to the people and big companies.
This is why I am big on blockchain but dubious about crypto. All I see is rich folks or the elite getting richer over it and a bifurcation of who have it versus who doesn’t. More of what is messed up in our world. I hope it will all rationalize and make sense while benefiting the globe versus a few. Let’s see. I carry the view that this is a strike against governments and central banks which in some sense if you think governments are corrupt then you may favor this but I think the world needs governing since most people are selfish and only care if they get rich. Crypto seems to only make that worse.
I am looking forward to the next year on many levels. It is possible this is tied to my personal and recently found satisfaction with work and my work tribe. I’ll write about this more when I am old but it may take you years to find something you love with people you enjoy being around.
Took me till my 40’s to find the dream job. Thank you #jungleventures.
No predictions here – just anticipation for the year ahead.
Have fun!
You may or may not have heard the podcast but I have been reading this one to glean some more info.
Really awesome stuff in here and I like some of the reveals for how Spark works as a VC firm as well.
Enjoy!
Full transcript: Spark Capital partner Megan Quinn on Recode Decode – Recode