Mary Meeker’s 2017 internet trends report

Mary Meeker is a partner at venture capital firm Kleiner Perkins.  We thought since a recent study shows that only 7% of the top VC firms have women partners, this is the perfect time to show you one of that 7%.  It’s not strictly about responsible investment, but it is a woman in a prominent role imparting some information that should help you think about the kinds of companies you want to invest in.

Every year she pulls together a report on the state of digital business that the world watches.  If you invest, you should care what she thinks the big trends are.  Having said that though, this report really isn’t meant to be watched…it’s meant to be read.  You can get the PDF on the KCP website.

Some highlights

• 85% of new online advertising dollars spent now go to Google and Facebook.
• Internet ad spend will surpass TV spend within six months
• 20% of queries on Google’s mobile platform are done using voice instead of text.
• Retail store closings could break a 20-year record this year, as Amazon is opening new retail stores.
• Amazon has become a leading supplier of baby wipes and batteries.
• Streaming music led by Spotify surpassed physical music sales, giving recorded music its first revenue growth in 16 years
• eSports are exploding,  with viewing time up 40% year over year, and an equal number of millennials strongly preferring eSports vs traditional sports
• Email spam with malicious attachments is exploding as cloud usage increases, so be careful what you click
• Tech companies drive wealth creation in China, where people pay for livestreaming, and bike sharing usage is skyrocketing
• Falling data costs are driving increasing Internet adoption in India, but smartphone prices remain too high
• 60% of the most-highly valued tech companies in America were founded by first or second generation Americans while 50% of the top private startups were founded by first-gen immigrants

The whole report covers:

1. Global Internet Trends = Solid…Slowing Smartphone Growth
2. Online Advertising (+ Commerce) = Increasingly Measurable + Actionable
3. Interactive Games = Motherlode of Tech Product Innovation + Modern Learning
4. Media = Distribution Disruption @ Torrid Pace
5. The Cloud = Accelerating Change Across Enterprises
6. China Internet = Golden Age of Entertainment + Transportation (Provided by Hillhouse Capital)
7. India Internet = Competition Continues to Intensify…Consumers Winning
8. Healthcare @ Digital Inflection Point
9. Global Public / Private Internet Companies…
10. Some Macro Thoughts…
11. Closing Thoughts…