Correction Is Here

1 min read

auto

“Venture Capital In Q1 2019: The World Pulls Back From Record Highs.” “Apple buys self-driving startup Drive.ai just days before it would have died.” “China’s historic car market decline continues, as trade war and emissions clampdown hit sales.” These recent headlines illustrate a sustaining trend when it comes to auto — the correction is here. Indeed, if we look at the Gartner hype cycle, after years of excitement it is safe to say we are well on our way to the Trough of Disillusionment. Let’s analyze the three main factors, namely investments, acquisitions, and China, in more depth. 1) Less…...

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Amit Garg I have been in Silicon Valley for 20 years -- at Samsung NEXT Ventures, running my own startup (as of May 2019 a series D that has raised $120M and valued at $450M), at Norwest Ventures, and doing product and analytics at Google. My academic training is BS in computer science and MS in biomedical informatics, both from Stanford, and MBA from Harvard. I speak natively 3 languages, live carbon-neutral, am a 70.3 Ironman finisher, and have built a hospital in rural India serving 100,000 people.