Mary Meeker's 2018 Internet Trends report

[vt]

http://www.kpcb.com/internet-trends

[dcarrigg]

Re: Mary Meeker's 2018 Internet Trends report

http://www.kpcb.com/internet-trends

I'm not generally a big fan of Meeder's slide decks. Some might remember.

Every couple years she slaps together a 200+ slide powerpoint, using maybe a quarter or so recycled slides from past ones, and passes it off as new wisdom. The back bit is all from her 2011 slide deck. Notice she's very worried about the deficit, but not willing to utter a peep about the trillion dollar corporate tax cut...

I think the length of these suckers is meant to obfuscate more than illuminate.

There's literally slides about Uber in the middle of the US household spending section. Why not a slide about Rolex and Hermes while you're at it? 80% of Americans have never used any form of "ridesharing." And it's a very small set that uses it for regular commuting. And they tend to be very rich people who live in very expensive downtown urban core apartment. Totally out of touch and irrelevant to the vast majority of people. But the new word "Driver-Partners" she puts in there instead of "Employees" is a masterful piece of self-delusion. Almost as masterful as the later slide where she says they make $21/hr on average (maybe if you don't include costs like fuel, depreciation, maintenance, repairs, insurance, additional taxes, equipment, snacks, etc).

Anyways, that's enough weigh-in for that.

[GRG55]

Re: Mary Meeker's 2018 Internet Trends report

I'm not generally a big fan of Meeder's slide decks. Some might remember.

Every couple years she slaps together a 200+ slide powerpoint, using maybe a quarter or so recycled slides from past ones, and passes it off as new wisdom. The back bit is all from her 2011 slide deck. Notice she's very worried about the deficit, but not willing to utter a peep about the trillion dollar corporate tax cut...

I think the length of these suckers is meant to obfuscate more than illuminate.

There's literally slides about Uber in the middle of the US household spending section. Why not a slide about Rolex and Hermes while you're at it? 80% of Americans have never used any form of "ridesharing." And it's a very small set that uses it for regular commuting. And they tend to be very rich people who live in very expensive downtown urban core apartment. Totally out of touch and irrelevant to the vast majority of people. But the new word "Driver-Partners" she puts in there instead of "Employees" is a masterful piece of self-delusion. Almost as masterful as the later slide where she says they make $21/hr on average (maybe if you don't include costs like fuel, depreciation, maintenance, repairs, insurance, additional taxes, equipment, snacks, etc).

Anyways, that's enough weigh-in for that.

+1

Anybody who has hung around these parts probably knows my opinion about Financial sector "analysts". All of them.

[lakedaemonian]

Re: Mary Meeker's 2018 Internet Trends report

Mary Meeker and Henry Blodget were the "rockstar" dot com analysts 20 years ago.

I remember Blodget's $400 target for Amazon, back when I worked there and it was little more than a warehouse(2 actually) with a website.