A critic of Deep Tech often claims that Deep Tech investment possesses such a high technology risk, the return is often unjustifiable. This premise fails to distinguish between the shade of grey within the maturity curve of each emerging technology. By understanding this particular nuance, we stand a significantly greater chance in predicting the success of a Deep Tech company.
During the 2010’s, mobile Internet was experiencing its golden years.
The US started with 20% smartphone penetration and ended with over 70% and 250 million users. Uber roared. Airbnb IPO’ed at a $100+ billion valuation.
But for an investor, this is yesterday’s glory and that means it’s also someone else’s money.
So what’s next?