Q2 macro trends prediction: consumer tech
wrapping up Q1 in a few days, here are some bets I’ve made with a few friends over beers.
-We will continue to experience more Story Fatigue (Snap). More people will migrate to Instagram for stories. (The ability to save live videos is making a lot of people happy.)
-Decentralization of dating apps; exclusive dating apps (Raya etc) will further fragment the market. More dating apps per user= lower quality of interaction per app = lower quality of experience = more downloads for exclusives.
-2017 is legit the retail apocalypse (malls r post-dead and 3,500 stores are closing in Q2). We should see more innovative retail concepts that are relevant to age 32 and under pop up. (Instagram, text, experiential).
-Medallion owners and taxi drivers will self-organize beyond the current Whatsapp/Facebook groups and protest against Uber in massive waves. This + all PR nightmare will push IPO filing back for another year.
-AI is the new bacon. The hype is only helping Series A/B AI companies, but hurting younger companies. Investors are taking a lot of meetings in the space but funding has not converted.
Share your thoughts and let me know what you think. The good thing is I still have a few days to conclude my thoughts.