Picking out the future's biggest business winners in a crowded startup space isn't easy, but Sequoia Capital has been able to spot tech darlings such as Airbnb, Stripe, Instacart, and Dropbox. Bryan Schreier, Partner at Sequoia, was with us to give us the hottest trends in VC.
Schreier identified the common trait that these best-of-breed companies embody. He said these companies are going after "greenfield market opportunities" that tend to be new or ripe for disruption.
The venture capitalist is excited about the potential of virtual reality. He is also taking a look at a lot of cryptocurrency opportunities. Although still in the early days, Schreier said cryptocurrency technology reminds him of the beginning stages of the internet. Scheier says that he sees real estate as one of the industries ready to be disrupted by blockchain.
As inflation-weary consumers cut back on dining out, brands like McDonald’s are relying more heavily on celebrity and influencer endorsements to move the needle
Plus, Starbucks reported its first quarter of declining sales and earnings since the pandemic, Biden tries to tackle the national debt and Warren Buffett is set to host the annual meeting of his investment firm Berkshire Hathaway.
