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Tencent accelerates private company investments. IPOs taking more funding to happen.


20 days and 20 nights
 
Hi there,
 
One of things we sort of obsess about (there are many things) is how long it takes for clients to go from a demo of CB Insights to purchase decision.
 
Right now, it stands at 20 days. The interesting thing we've noted is that length of time to make a decision doesn't correlate with ticket value. In other words, if folks take longer to decide, it has no tie to revenue.
 
It could be that we're doing something wrong in our sales process or with our pricing or maybe that's just the way sales goes, but for those of you with SaaS experience or who are fellow SaaS entrepreneurs selling an expensive'ish SaaS product, I'd love to chat about your experiences and share notes.
 
Thinking different
 
In our Sunday newsletter, we highlight 7 articles that our team finds interesting or that our readers send us. They usually have little to do with tech, VC, M&A, etc. Our focus and goal is to highlight interesting, well-written or contrarian stories (often all 3).

We don't always agree with the arguments or the characters of these stories. In fact, we often don't. We've featured stories about the bad behavior of fraternities, why the Ivy League is doomed, why Clayton Christensen is overrated and even one about the Hungarian ex'say at'chay industry (Pig Latin anyone?). 
 
In any case, a couple of folks took offense to one article we highlighted in last Sunday's newsletter. We just wanted to clarify that we're not endorsing the stories, views or the characters in these articles. They're just interesting in our estimation.
 
Now for some bar charts.
 
Best,
Anand
@asanwal

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CB Insider Posts

The following research is only available to paid subscribers with CB Insider access:

 

Tencent's accelerated pace of private company investments

Tencent is the world’s fourth largest internet company. As its competitors get more active, Tencent’s investment activity has also picked up. See what Tencent's investments suggest about their strategy.
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It's taking more funding for tech firms to go public. What about valuations?
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BTC investments takeoff in 2014
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Black swan seed rounds. Y Combinator's Sam Altman observes that the hotly-contested seed rounds he's made are anti-correlated with very successful investments.

Getting a job in venture capital. Oldie but goodie from A16Z's Chris Dixon on working your way up in the VC biz.

Fireside chat with Bijan Sabet. Pando's Sarah Lacy sits down with the Spark Capital investor to chat on topics including VC ethics, New York tech and where he sees social headed.
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