We believe 2020 will be a year of consolidation of the three upheavals we saw in 2019: backlash against big tech;failure of mega-round driven unprofitable models; and a new relationship with China. Like most crises, these upheavals also afford opportunities, especially in early-stage investments. We intend to lead these opportunities by identifying key market segments that are ripe for intervention.
As we begin 2020, we also see a refocusing on core value proposition, profitable economics, and (we hope) down to earth valuations.
Here at Think +, we enter the new year from a very strong position, having accomplished beyond our initial expectations:
Our focus on the new year will be around our Fund II, as well as redoubling our efforts on three key initiatives:
Expanding the Think + Lab ecosystem
Expanding our partnership with Stanford and Berkeley
Continuing our thought leadership in key areas such as Digital health and consumer trends