Global FinTech investment triples (report)

Mirantis - Tech IPO Pipeline candidate. Fat Series A. Accenture FinTech report.

There's a Bubble in Bubble Talk

Hi there,

Our friends at Accenture issued a report on the state of FinTech using CB Insights data. Global FinTech investment tripled in 2014. Yes, banks are clearly an area that investors and startups are gunning for.

Related: see our infographic on who is unbundling banks.

Isn't it ironic?

So we got a shoutout on CNBC yesterday in an interview they did with Sam Altman of Y Combinator. Shockingly, the topic was the tech bubble (or lack of one).

Besides the love from the CNBC team for CB Insights, my favorite interview moment was this comment from Sam:

"I think people talk about a bubble because it's an easy way to get on TV."

Mirantis - Tech IPO Pipeline candidate

Mirantis pulled down $100 million in financing last year and was rumored to be doing $1 million of bookings per week. We dug into the OpenStack company's partnerships & customers, travails with Red Hat and general OpenStack industry trends.

This post highlights how you can use data to understand an industry to actually tell a story.

Please don't say Series A is the new Series B

Yes, bigger Series As are becoming more frequent. And they're happening quickly too. We dig into trends in the Series A market.

Best,
Anand
@asanwal

Wealth management disruptors garner more VC
This week, personal financial management startup LearnVest was acquired by its backer Northwestern Mutual. Meanwhile, a number of robo-advisors are garnering more AUM and raising even more institutional capital.

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Mirantis, Red Hat and the OpenStack industry
Mirantis has raised big money, has signed notable partnerships and has a lofty valuation. Are investors getting more bullish on OpenStack companies?

Data: The rise of mega Series As
First Round Capital's Josh Kopelman recently blogged that he was seeing more startups seeking larger A rounds. And according to the data, global tech Series A deals of $10M or more are up 64% and happening quicker than normal.

Global FinTech investment triples
Accenture's new report uses CB Insights data to highlight trends in global financial technology and the markets that are seeing the most growth. See the report's highlights.

The Blurb

A curated mix of articles on tech, media, what's next and recent news.

Burning bridges, making billions. Forbes' Alex Konrad goes in-depth on super angel Chris Sacca, not to be confused with illusionist Criss Angel, who amassed stakes in a bevy of the most valuable startups today including Uber, Twitter and Stripe.
Forbes

The shut-in economy. "In the new world of on-demand everything, you’re either pampered, isolated royalty — or you’re a 21st century servant."
Matter

The Facebook reckoning. Ben Thompson of Stratechery believes the vast majority of publications are in serious trouble on mobile. In this light, Facebook offers a lifeline.
Stratechery

Real life Jurassic Park? Scientists have recovered soft issue from a Tyrannosaurus Rex. It was recovered dinosaur DNA that was featured in Jurassic Park.
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TV's new golden age is doomed. Bloomberg's Justin Fox argues that today's quality programming is being financed by the past, present and future. And that is not sustainable.
Bloomberg View

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