Today, it seems that powerful, unique technology (not glossy revenue or user figures) is the common link in a number of high-profile recent exits. In particular I’m thinking of Intel’s purchase of computer vision startup Mobileye for $15b and Spotify’s purchase of audio detection company Sonalytic. What technologies/industries do you think are most desired by major tech players?
...or some app for kidz that lets them take silly photos, send it to a mate and then it disappears in 3 seconds. I mean, to a seasoned 48 yr old tech entrepreneur I wish I'd thought of it, but boy do I not understand it!
What I am saying is, there is IMHO absolutely no logic as to what the market has an appetite for and will embrace next. Apart from ... get yourself up to 1 million customers and signs of growing towards 100mil, at ANY cost (and I mean any) and you on the road to riches and fame. The company may lose the equivalent of a small country every year, but it is all about reach.
Investors and the markets do not care about immediate profits (although if you have 1 mil customers AND profits then you are the next Business Messiah). In a way this is a good sign because it shows they are playing a very very long game. If investors were playing short then a lot of these unicorns would have died a long time ago and would have a shelf life shorter than a UK Premier League manager.
But is their strategy logical or are they wooed by world domination. "we have trillions of dollars and 30-40 yrs to play this out ... one day we will own every single human...[cue crazy megalomaniac laugh]".
The average private investment in video games yields a 7x return in 3 yrs. Just sayin'...
Deep Learning, IOT and Robotics are the hottest trend and in the foreseeable future, AI will replace most of the jobs we have right now, and AI will rely on IOT and Robotics to interact with the real worlds. So if you spend time in those 3 areas, they have the greatest potential for exits since they touch and change virtually every industry out there.
Check eSports as an emerging market... !