Business Insider recently asked some of the West Coast’s biggest internet bankers about the latest internet trends and what the future may hold.
Business Insider gives the predictions of Kirk Kaludis (Barclays Investment Bank), Riaz Ladhabhoy (Deutsche Bank), Nick Giovanni (Goldman Sachs), Mark Fiteny (JPMorgan) and Kate Claassen (Morgan Stanley).
And the 5 say a boost in mergers and acquisitions, as well as IPOs, could be seen over the course of 2017.
Kaludis said: “You see companies like Uber, Airbnb, and Snap, which are very young companies, continue to enjoy incredibly strong growth rates.
“Those sorts of companies now are becoming real companies of scale with regard to hundreds of millions or even billions in revenue.”
And future trends of artificial intelligence and reality, e-health, sharing economy companies and autonomous driving were also mentioned by a number of the 5.
Fiteny said: “When the iPhone launched, it was impossible to perceive that there would be a Snapchat and an Uber, but there is.
“And as we move into artificial intelligence and AR/VR, and voice computing, there are platform transition opportunities that will create those kinds of step-functional changes, and new businesses will be born.”
To read Business Insiders full interview please click here.