Sailesh Ramakrishnan, Partner at Rocketship.vc Virtual living - both for work and in our personal lives - venture capital is With the world looking for ways to embrace our new normal of Will provide a fresh start, but not without the ripple effect from theĮvents of 2020. Socialize behind screens, even hobbies will move into the cloud. In 2021, this trend will extrapolate to new socialĪctivities (think watch parties, cloud gaming, etc). We've already seen this in pass-time activities such asįitness and gardening. See an explosion in creativity as people use this new additional time for a Once the norm of work productivity gets re-established, we'll Office, what is indisputable is that we have saved both time and money without The jury is still out about whether we are as productive online as we were in The surge in remote socializing will require cloud In addition, we will see a whole new wave of companies beingĬreated exclusively to secure these various aspects of our lives. Work continues, there's been a major trend of companies accelerating their To the security implications that come with full virtual working. Multiple months into the global pandemic and companies are only now catching up Personal data management is poised to become a new critical sector. Shift to remote work has given cybersecurity a new meaning. We'll see big wins for sectors that thrive off of data and can take immediateĬompanies will Increase security efforts. As we head into the new year, our society is producing enormousĪmounts of data about aspects of our life that were not previously measurable. Which means there is increased consumer data available for companies toĬapitalize on. Light of continued social distancing, people are spending more time online Inflation of available data will lead to big wins for new sectors. TheseĪreas have previously been overlooked because of the traditions of raisingĬapital (in-person networking, on-site pitches in Silicon Valley, etc) but inĢ021, we will see VC firms looking beyond their own backyard for promising Include Vietnam, Indonesia, Mexico, Colombia, Texas, Ohio, and Utah. The chance to compete for venture funding. To the force-function of remote fundraising efforts, new regions will now have Investment strategies will become more globalized. People fully embrace the reality of virtual living and adjust to this Trends we can expect to see in 2021 as industries, companies and Way we work, travel, and socialize is forever changed. Officials and medical professionals fight to halt the spread of COVID-19, the Many challenges the global pandemic has brought about, we have learned toĪdjust to our "new normal" throughout the past several months. Past year, our world was turned upside down as offices and schools closed theirĭoors and people were forced to navigate remote work and living. COVID-19's impact on data, security and beyondīy Sailesh Ramakrishnan, Partner at Rocketship.vc Read them in this 13th annual series exclusive. We're excited to be at the forefront of this shift and use our experience to help founders successfully build their companies, regardless of location.Industry executives and experts share their predictions for 2021. Reiterating the same, Sailesh Ramakrishnan, Partner, Rocketship.vc said "Our deep data expertise allows us to take a different approach, leveraging data science, technology and analytics to find the best companies anywhere, at any stage, in any market. Rocketship claims that its proprietary data-backed approach in Fund I has helped it to discover breakout companies spanning more geographies and industries than it could have using the traditional "network + inbound" model, which has traditionally dominated venture capital for the past 50 years. Its "smart' algorithm tracks startups globally using a series of metrics to indicate the probability of a startup being successful. Allen, private markets investment firm Adams Street Partners and family office of Marc Andreessen and Chris Dixon, both of whom are co-founders of venture capital firm Andreessen Horowitz (A16z).įounded by veteran data scientists and entrepreneurs Anand Rajaraman and Venky Harinarayan, Rocketship.vc uses machine learning (ML) and data science to make investment decisions. Rocketship.vcįund II is backed by some of the US-based global investors, including Vulcan Capital, investment arm of Vulcan Inc founded by Microsoft co-founder Paul G. The fresh investment vehicle comes five years after the early-stage global VC firm had closed its first fund at USD 40 million. Silicon Valley-based venture capital (VC) firm Rocketship.vc has announced close of its second fund (Fund II) at USD 100 million (INR 747 crore).
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