Jeremy Zhu

Growth investor @capitalgtweets (Alphabet’s independent growth fund) & angel investor on the side // 👍enterprise applications and vertical software 🚀

[Jeremy Zhu @JeremyZhu_]

#NoCode will usher in the next wave of enterprise innovation by democratizing technical skill sets. We at @CapitalGTweets’s have been investing in “no code” for years and was a great fun to work on this article @TechCrunch

https://t.co/RoiqvAdfgG

[Jeremy Zhu @JeremyZhu_]

Congrats to @Mantl_tech on its $40M Series B funding round! Today’s banking infrastructure is in urgent need of innovation and MANTL is breathing new life into the space. https://t.co/Mtg6tY6JLb

[Jeremy Zhu @JeremyZhu_]

The united states of bankers?

[Chetan Puttagunta @chetanp]

I believe the US president just asked for a commission to the US Treasury on the Microsoft/ TikTok acquisition. Guess the US Treasury is an investment bank now.

[Florian Graillot @FGraillot]

After a first wave unbundling services, how #FinTech startups are revamping banks' core infrastructure. #InsurTech #RegTech

[Jeremy Zhu @JeremyZhu_]

Good article looking at public vs private valuation...Lemonade valuation/gross written premium multiple at $4.31 billion and $152 million: 28.4x.
Hippo valuation/gross written premium multiple at $1.5 billion and $270 million: 5.6x. https://t.co/YF3zW2itGV

[Chetan Puttagunta @chetanp]

Interesting update from Gartner on IT spending forecasts in 2020:
- Overall IT spend forecast of $3.5T, down 7%
- Software spend stable at $0.5T
- Device spending expected to be down almost 20%

[Nikhil Basu Trivedi @nbt]

On one side of the VC industry are the agglomerator firms. They invest at every stage and in every sector.

On the other are the specialist firms, either by sector, or by stage, or both.

The industry has bifurcated. I offer 10 implications for its future:
https://t.co/vDaKLdLgwj

[Jamin Ball @jaminball]

A Twilio study found that Covid accelerated companies digital communications strategy by 6 years. "We’ve seen years-long digital transformation roadmaps compressed into days and weeks"

-95% of respondents are seeking new ways to engage customers

$TWLO
https://t.co/t6J9rm0O0J

[Carl Quintanilla @carlquintanilla]

Tough week for the cloud.
So far.

@CNBC

[CapitalG @CapitalG]

Congratulations @UiPath team on becoming the first European SaaS decacorn! We are proud to support you on your mission to liberate the boundless potential of people https://t.co/Dym413wFRR

#RPA #automation #AI #decacorn

[Jeremy Zhu @JeremyZhu_]

The sprawl of tools in enterprise is a serious problem..unsurprisingly to see CIOs want to consolidate

[Jeremy Zhu @JeremyZhu_]

@freenzie16 Hard to say but I think it’s a combo of deferring up sells and buying new tools..SaaS churn has interestingly not been bad since COVID but that could change..

[Jeremy Zhu @JeremyZhu_]

Morgan Stanley CIO survey shows a flip in IT spend expectation..while large platform SaaS will likely be fine, I thin we'll start to see this budget constraint be reflected in some "discretionary" SaaS tools

[Jeremy Zhu @JeremyZhu_]

@smoothsnailing Yep totally agreed. The chase for productivity (by buying tools) is a bit ridiculous..

[Bill Gurley @bgurley]

Article misses the key issue. With IPOs being underpriced by 80% on average this year, the SPAC now offers a lower cost of capital.

[Jamin Ball @jaminball]

I can't stress enough that we're still in the EARLY INNINGS of cloud adoption. Cloud has a long way to run. Data from Morgan Stanley shows only 25% of workloads are currently running in the cloud. They expect this to grow to ~50% by 2023. Big boosts for SaaS still on the come

[Jeremy Zhu @JeremyZhu_]

This is how big the supply demand gap is on technical talents...this is only going to get worse with the new immigration policies... that's why i believe #NoCode is needed to make engineers more effective and broaden the "developer" universe

[Jeremy Zhu @JeremyZhu_]

@jaminball Would love to hear your perspective on the upcoming Q2 earnings..whether market will continue or it’s come to Jesus moment

[Jeremy Zhu @JeremyZhu_]

#NoCode is more than a categorical term..it is a new way to interact with software. A quick look at what's on the market today

[Jamin Ball @jaminball]

Every institutional investor who bought Lemonade $LMND at the IPO ($29 / share) could sell right now and make >3x return. In 2 trading days... Anyone else think we need to rethink the IPO process? Direct listings need to adapt to allow for primary capital raises