7 surprising charts about technology and media today
1. There's no sign of a bubble in VC funding
Neither the number of companies getting funding nor the total amount of funding offered is particularly unusual.
2. Mobile punches way below its weight in ad spending
TV and especially print continue to attract a level of ad spending that's out of proportion to audience engagement. Meanwhile, everyone's glued to their phones all the time and nobody's ponying up money to reach them.
3. IPO's still haven't really recovered from the financial crisis
Forget the dot-com boom. Except for the huge 2012 Facebook IPO, we still aren't back to where we were before the financial crisis.
4. Streaming is the new owning
Even the relatively new technology of digital music downloads is already in decline in the face of the streaming juggernaut.
5. Smartphones are getting really cheap
US media coverage continues to be dominated by the top-end phones from Apple and Samsung, but globally average prices are falling and smartphone technology is becoming accessible to more and more people in low- and middle-income countries.
6. Smartphones are insanely popular
There were a series of "tablets are dead" stories earlier this year when it became clear that tablets are much less popular than smartphones, but in context it's clear that this is about the appeal of phones rather than the lack of appeal of tablets.
7. America isn't indispensable
Four of the top ten internet properties don't exist in the United States at all.
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