It’s human nature to always look for the next big thing. Whether it’s evolving as people, scrolling through endless social media feeds or identifying new investment opportunities, we don’t like standing still.
Technology is perhaps the fastest-moving aspect of our lives, and an area filled to the brim with exciting innovation across industries as companies realize the importance of everything from cloud to analytics and data. And, despite market turbulence, venture capital firms are still investing.
According to Morningstar’s PitchBook, emerging technologies account for about 11% of all seed and early-stage VC investment – and current favorites are areas like Web3, DevOps and AI. But what makes these opportunities so exciting for VCs and when – if ever – will they have any real-world relevance?
1, 2, Web3
The journey from conception to real adoption is long. For example, we’re currently being bombarded with information about the metaverse and how an alternative, digital universe is the future of everything from shopping to corporate conferences. But in reality, we’re still only really using the Oculus Quest for Beat Saber. Research firm Gartner even estimates that it’ll be at least a decade until the metaverse is a truly mainstream concept.
So back to VCs’ current darlings. According to PitchBook’s Emerging Technology Indicator (ETI) for the second quarter of 2022, Web3 and decentralized finance, or DeFi, is by far the most popular among VCs.
Continue reading: https://www.morningstar.co.uk/uk/news/226545/web3-hype-or-horror.aspx
Technology is perhaps the fastest-moving aspect of our lives, and an area filled to the brim with exciting innovation across industries as companies realize the importance of everything from cloud to analytics and data. And, despite market turbulence, venture capital firms are still investing.
According to Morningstar’s PitchBook, emerging technologies account for about 11% of all seed and early-stage VC investment – and current favorites are areas like Web3, DevOps and AI. But what makes these opportunities so exciting for VCs and when – if ever – will they have any real-world relevance?
1, 2, Web3
The journey from conception to real adoption is long. For example, we’re currently being bombarded with information about the metaverse and how an alternative, digital universe is the future of everything from shopping to corporate conferences. But in reality, we’re still only really using the Oculus Quest for Beat Saber. Research firm Gartner even estimates that it’ll be at least a decade until the metaverse is a truly mainstream concept.
So back to VCs’ current darlings. According to PitchBook’s Emerging Technology Indicator (ETI) for the second quarter of 2022, Web3 and decentralized finance, or DeFi, is by far the most popular among VCs.
Continue reading: https://www.morningstar.co.uk/uk/news/226545/web3-hype-or-horror.aspx
