Atomico's Zennstrom on Ride-Sharing, Wearables

The transcript discusses the dynamics of global and regional market players, highlighting the success of Halo in Europe and the potential for multiple winners in different regions. It also covers investment strategies, advising companies to extend their financial runway and manage costs effectively. The wearable market is analyzed, noting the challenges faced by hardware companies like Jawbone compared to software-focused businesses.

What is the current market trend regarding global and regional players?

• There is a single global winner.

• There are multiple regional winners.

• No clear winners have emerged.

• Only local players are succeeding.

What advice is given to companies facing investment slowdowns?

• Extend financial runway.

• Increase marketing expenses.

• Hire more employees.

• Focus on rapid expansion.

Which company is mentioned as doing well despite job cuts?

• Zocdoc

• Apple

• Fitbit

• Jawbone

What is a significant challenge for hardware businesses compared to software?

• Higher marketing costs

• More complex logistics

• Greater challenges

• Easier scalability

Which company was an early player in the wearable market?

• Fitbit

• Apple

• Jawbone

• Samsung