Picking out the future's biggest business winners in a crowded startup space isn't easy, but Sequoia Capital has been able to spot tech darlings such as Airbnb, Stripe, Instacart, and Dropbox. Bryan Schreier, Partner at Sequoia, was with us to give us the hottest trends in VC.
Schreier identified the common trait that these best-of-breed companies embody. He said these companies are going after "greenfield market opportunities" that tend to be new or ripe for disruption.
The venture capitalist is excited about the potential of virtual reality. He is also taking a look at a lot of cryptocurrency opportunities. Although still in the early days, Schreier said cryptocurrency technology reminds him of the beginning stages of the internet. Scheier says that he sees real estate as one of the industries ready to be disrupted by blockchain.
A ransomware attack has prompted a health care chain that operates 30 hospitals in six states to divert patients from at least some of its emergency rooms to other hospitals, while putting certain elective procedures on pause, the company announced.
Online fashion retailer Sheen is reportedly said to go public. Multiple media outlets reported that the Chinese-founded company has filed confidentially for an initial public offering in the U.S.
