1. Tech Entrepreneurship
TRENDS AND PREDICTIONS
/incredibly/important/e-report/2019
TRENDS AND PREDICTIONS
2019
CJ Cornell
Jun 15 @cjcornell 2019

2. 1) Technology & Entrepreneurship
2) State of entrepreneurship
3) Tech Trends
4) Entrepreneurship Trends
Entrepreneurship 2019
4) Entrepreneurship Trends
5) State of VC Funding
6) Social Trends in Entrepreneurship & Funding
7) Upcoming (predictions)

3. State of Entrepreneurship
Entrepreneurship is the Formula
for a Booming Economy
2. Entrepreneurship
1. The Economy
Thrives on Low
2. Entrepreneurship
Creates Jobs
3. Unemployment
Creates
Entrepreneurs**
1. The Economy
Thrives on Low
Unemployment
** 2019 was the most robust
economy of unemployed entrepreneurs

4. Entrepreneurship
Is Everywhere
Nearly 100% of People are Entrepreneurs
81%
People who say they are
entrepreneurs
People who have
“-preneur” in their job title
67%
People who look like
entrepreneurs
People who wish they
were entrepreneurs
People who sell stuff to
entrepreneurs
49%
74%
93%

5. Entrepreneurship
Is Everywhere
New York
Entrepreneurship is
Booming in
Every US City
Boston
Silicon
Valley
** New startups Increase from
1 company to 5 companies in
these cities
500% increase of
new startups in these cities,
in 2019 **

6. HIGH-TECH DRIVES MOST NEW STARTUPS
ENTREPRENEURSHIP = INTERNET
“You can’t be an entrepreneur“You can’t be an entrepreneur
anymore, without the Internet” ***
*** an entrepreneur without the Internet
is like a dog without a chew toy.

7. The Internet is BIG
Internet Users vs Y2Y Growth
Percentageofstuffconnected
theInternet
Percentageofstuffconnected
theInternet
About to
be Big
1994 1999 2005 2015 2019 2030
Kind of
Big Big
Really
Big
SOURCE: Every self important analyst from
San Francisco, New York and Boston
See, we told you
it was going to
be Big
Holy Cr*p
that’s Big

8. State of Entrepreneurship - 2019
Most common Product Categories by Startups
Artificial Intelligence
Blockchain
PornTechConducting internal research PornTech
Startups that involve
DNA,
Blood or Gross Bodily Fluids
Cannabis products
Conducting internal research ***
Conducting internal research ***
Startups that steal our
Personal Data
and then try to sell it back to us
*** Polled companies stated their employees are still spending 15 hours/day
conducting “internal research” and intensive product testing

9. State of Entrepreneurship - 2019
Top Business Models for Startups
Revenues from paying
Customers
Free + Advertising
Perennial VC
Fundraising
ICOs Tokens,
Crowdfunding and
Lottery Tickets
Customers
Premium Support
(to fix bugs in the
product)
Freemium

10. A WEEK IN THE LIFE - 2019
Time Spent by the Typical Entrepreneur
Applying to Y-Combinator
Reading
about other companies getting funded
Blogging
about how to run a startup, and how to get funded
11 hours
19 hours
39 hours about how to run a startup, and how to get funded
Sitting on Panels
Fighting with Co-Founders
Google Search
searching for funding, customers and for
mentions of their startup in the news
Praying
for funding, or for a VC to return their email
26 hours
17 hours
42 hours
35 hours

11. THE STATE OF
STARTUP FUNDING
20192019

12. One Trillion Dollars in
Venture Capital available
State of Startup Funding - 2019
Venture Capital available
** As long as you are a 22 year-old,
tall, white, male Stanford graduate, or
a short white 19 year-old Harvard dropout.

13. VCs Accelerate Startup Investments
Increase in Early Stage Funding
VentureCapitalFunding
Seed and Series A Funding
Late stage funding
VentureCapitalFunding
2019 20202018201720162015

14. State of Startup Funding - 2019
Breakdown of Venture Capital Investments
(as a percentage of total)
What all the other VCs
are investing in
Me-too Sure-Thing
Uber for Anything
FinTech
* Or any technology that
helps fish swim better
Startups we saw at
pitch event

15. Reading Pitch Decks
A YEAR IN THE LIFE - 2019
Time Spent by the Typical Venture Capitalist
(as a percentage of total)
Partner Meetings
Blogging about Investments
6%
13%
66%
Attending Pitch Events
eating free food and drinks while judging pitches
Investing in Startups
Vacation
Answering Emails
Automobile Shopping
Recruiting Female Partners & Entrepreneurs
4%
21%
3%
81%
2%
25%

16. VC Communications
Dominant Communications Method
of Venture Capitalists 1980-2040
Dictated Letters
Outgoing
Phone Calls
Answering
Incoming Calls
Twitter
Virtue Signaling
2030 204020202010200019901980
Blackberry
iPhone
Android
Text Messaging
In-Person
Meetings

17. SOCIAL TRENDS
DrivingDriving
Entrepreneurship & Funding

18. Entrepreneurship
Is for Millennials **
The Generation Wars Escalate …
Is for Millennials **
** Because they say so.

19. The Generation Wars Escalate …
Gen-X – The Lost Generation
• 20% of Gen-X’ers
now self-identify as millennialsnow self-identify as millennials
• 80% of Gen-X’ers
were reclassified as Baby Boomers (by millennials)
•100% of Baby Boomers
were reclassified as invisible (by millennials)

20. Culture is King
“Culture is more important
Social Trends in Entrepreneurship - 2019
“Culture is more important
than a customer,
product or profit.“
** according to 97% of millennial entrepreneurs

21. Language Gets an Upgrade …
A sampling of
Banned words and phrases
In the “Woke” era.
Business Phrase Reason for Ban
White Label, Black Label White Hat Racially Insensitive
Opening the Kimono Sexist
When Push Comes to shove Promotes Bullying
Touch Base Harassment (touching is banned)
Too many chiefs, not enough Indians Culturally insensitive
Separating the men from the boys Privileged
Hired-gun, big-gun, bite-the-bullet Incites Violence
Come-to-Jesus meeting No religion in the workplace allowed
Throwing someone under the bus Bullying
“No” (from a venture capitalist) Hate Speech.

22. PREDICTIONS
2020 and Beyond2020 and Beyond
For High-Tech
Entrepreneurship & Funding

23. Predictions
2020
• Over 90% of men over 30 years-old will have “Serial
Entrepreneur & Keynote Speaker” as their LinkedIn title.
20212021
• 85% of entrepreneurs will be CEO’s of one-person
companies called: “[my-name] and associates”
2021
•Tim Cook announces innovative new iPhone 14 –
featuring the color mauve.

24. Predictions
2022
• VC’s will require all pitches to fit inside a single 140
character tweet: including KPIs and customer references
20222022
• “The Lean Startup” will be in every hotel bedside drawer,
replacing the Bible and the Book of Mormon.
2023
• Co-working spaces will be re-named ECPs:
(Entrepreneur Co-Procrastinating Spaces)

25. Predictions
2028
• the first Presidential election will decided by the candidate
who receives the most ‘likes’ on Facebook.
20242024
• Bitcoin innovation: You’ll be able to print your Bitcoin on
small pieces of paper and carry it in your wallet
2024
• Tim Cook announces innovative new iPhone 15 –
featuring the color chartreuse.

26. Predictions
2021 -
Google announces plans to provideGoogle announces plans to provide
500,000 free homes for the homeless.**
** (built entirely out of stacks of $100 bills from their treasury.)

27. 2028 -
The Internet gets even bigger.
Predictions

28. Predictions
2026 -
Hacking elections becomes the world’s most popular
multiplayer game
2026 -
Apple releases overhaul of the iPad pro – with
18 inch screen, attached keyboard, and WindowsME
operating syste.

29. Predictions
2026 -
The United Nations will declare an
Humanitarian Crisis
after thousands die in tragic
Bitcoin Mining Accidents.

30. Predictions
2024 -
Men try to counter the #metoo movement:
Prominent venture capitalists and CEOsProminent venture capitalists and CEOs
attempt to start the #everyonedoesit and
#itsherwordagainstmine movements.

31. Predictions
2033 -
A recently cloned Steve Jobs becomes CEO
of Apple for an unprecedented 3rd time.of Apple for an unprecedented 3rd time.

32. Predictions
2099 -
141 year-old Elon Musk elected first
Governor of MarsGovernor of Mars
** Vows to build a Hyperloop to Jupiter

33. THANK YOU
Entrepreneurship
TECH TRENDS AND PREDICTIONS
2019
- CJ Cornell
Entrepreneur, Educator, Investor, Author:
The Age of Metapreneurship
The Startup Brain Trust
http://metapreneurship.net
http://amazon.com/author/cjcornell
https://www.linkedin.com/in/cjcornell/
CJ Cornell
Tech Entrepreneurship Trends 2019

34. Other Articles by CJ Cornell
ON:
https://medium.com/@cjcornell
Great, Lousy Advice for Entrepreneurs
The Secret VC Decision Process — Exposed
8 Simple Rules For Dating Your Advisor8 Simple Rules For Dating Your Advisor
T-Ball Entrepreneurship
The Guru Paradox — is experience a liability?
Winning the Venture Capital Lottery?
Pitch Meeting Bingo — Entrepreneur Edition
Top Movies & TV Shows for Entrepreneurs