[INSIDERS] These companies that would not exist without the iPhone …
- 5 companies that would never have seen the light of day without the iPhone.
- Marissa Mayer will leave the board of Yahoo! once the purchase by Verizon is finalized.
- Fitbit gets its hands on Vector Watch.
- 65% of French Internet users plan to make online purchases during the winter sales.
- Exit transactions in Tech down slightly in the first half of 2016.
- Nominations: Richard Hudson, Sharon MacBeath, Edouard Gasser…
On June 29, 2007, the iPhone revolutionized the mobile telephony industry by bringing together several features and services in a single terminal. Since its launch ten years ago, the Apple smartphone has allowed the development of several sectors of activity such as social networks, such as Facebook, Twitter, Instagram or Snapchat, or VTC, with the arrival from Uber.
FrenchWeb selected 5 start-ups that were born thanks to the marketing of the iPhone:
Uber: launched in 2009, now valued at 68 billion dollars
Snapchat: launched in 2011, now valued at $ 20 billion
Airbnb: launched in 2008, now valued at $ 30 billion
WeChat: launched in 2011, now valued at $ 19 billion
Supercell: launched in 2010, now valued at $ 9 billion
In the space of a few months, the iPhone thus became a consumer product that transformed the world economy. Beyond the financial figures, the societal impact of the telephone presented by Steve Jobs is immense all over the world.
Read also: Airbnb, LinkedIn, AppNexus… Here’s what their very first pitch looked like
The contours of the takeover of Yahoo! by Verizon announced this summer are starting to become clearer, according to Bloomberg. In terms of governance first, Marissa Mayer announced her intention to leave the board of Yahoo! after the sale of the Internet business to Verizon is finalized. The current CEO of the American company is indeed one of the six directors who will not stay with the company after its takeover by the telecommunications company.
The future of the company’s investing activities is also shaping up. These will be grouped together in an entity called Altaba, which will become an investment vehicle in its own right. Remember that Yahoo! owns 15% of the capital of Alibaba, as well as 35.5% of the capital of Yahoo! Japan, a joint venture with the Japanese Softbank.
At the end of 2016, Yahoo! revealed that it had been targeted by two cyberattacks, the first in 2013 in which one billion user accounts were hacked, and the second in 2014, where data from 500 million accounts was stolen. Following the announcement of these two incidents, Verizon had conditioned its takeover project to the assessment of the real impact of these attacks on the American group.
American society Fitbit, specializing in the design of connected bracelets, has completed the takeover of the start-up Vector Watch, also positioned in the smart watch segment. Financial terms of the transaction were not disclosed.
Founded in 2013 by Andrei Pitis and Dan Tudose, Vector Watch has distinguished itself by developing a watch equipped with an e-ink LCD screen and an autonomy of 30 days. With a development hub in Romania, the London-based company has created its own operating system for connected watches. It also launched an API for developers to allow them to create their own applications on watches marketed by the start-up.
This takeover thus allows Fitbit to strengthen its internal development team. The operation comes on top of the acquisition of Pebble a month ago, which has not survived increasingly tough competition in the connected watch market, a sector of interest to historical players in Tech. .
Nokia, which bought the French company Withings for 170 million euros last April, Apple, with its connected watch marketed since April 2015, or even Google, which got its hands on the start-up Cronologics, specializing in systems operations for connected watches, in December, entered this market.
This year, the winter sales will rhyme with online shopping for 65% of French internet users, an increase of 6% compared to 2015, according to the results of a investigation carried out by FEVAD and the CSA Institute. In total, 26 million French people have planned to go on the Internet, whether to prepare or to make their purchases. Among the reasons mentioned by these Internet users, the time saving offered by the Internet comes first (for 60% of respondents), followed by the desire to avoid the crowd (59%), and the price (54%).
While a little more than 6 out of 10 Internet users plan to spend a budget similar to last year, average spending on the Internet should reach 199 euros this season, up 15 euros compared to the winter sales in 2015. Finally , the use of the smartphone to make an online purchase has increased by 13 points over the past 4 years.
2016 was marked by spectacular fundraising in the Tech sector. What about “exits”, these exit operations that take place when an investor resells the shares he holds in the capital of a company? In his study “The H1 206 Global Tech Exits Report», CB Insights took an interest in this indicator of the good health of Tech companies.
First observation, in the first half of 2016, a little more than 1,590 exit transactions were recorded, down 17% compared to the same period in 2015. The transactions are distributed almost evenly between the first quarter and the second. Finally, unsurprisingly, it is mergers and acquisitions that are largely in the majority, compared to IPOs. In terms of amounts, in more than half of the cases (53%), the valuation of the companies concerned did not exceed 50 million dollars. 4% of them were valued over a billion dollars, including the closed club of unicorns.
Richard Hudson appointed Vice President and General Manager of Zebra
Zebra announces the promotion of Richard Hudson as vice president and general manager of the EMEA region. As part of his new functions, he will be responsible for consolidating the company’s presence on the market. Richard Hudson was previously Vice President of Sales for the EMEA region.
Sharon MacBeath becomes Director of Human Resources at Tarkett
Sharon macbeath joined Tarkett as director of human resources. She was previously Senior Vice President of Human Resources of the Rexel Group.
Edouard Gasser joins Tilak Healthcare as Managing Director
Edouard Gasser becomes general manager at Tilak Healthcare. He was previously Head of Studio at Gameloft.
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