The recent upheaval in the 2019 IPOs might just be a good indication of peak mobile and peak mobile apps.
WeWork just shelved its IPO! Most of the the other 2019 IPOs are trading well below the IPO valuations and may have a long way to go before reasonable valuation if any.
Moving forward, the opportunity of a lifetime might be in the autonomous space (not limited to automotive) where AI and 5G enabled edge computing via IoT is the key enabler and safety & security is paramount.
These are interesting times indeed for early stage startup scene…
We are at the cusp of yet another episode of Roaring 20s. 100 years since the last one.
Stay tuned for more…