In 2016, we declared the emergence of late stage, VC-backed companies, powered by “private IPOs,” mega rounds of $100 million or more, as a new asset class. At the time, however, critics warned of a bubble, that valuations were too high. Private market trends over the past 24 months confirm that private IPOs are not only the new norm but may be replacing traditional public IPOs.

Unlike other growing industries, the payments industry hasn’t experienced significant disruption and innovation. Large banks and credit card networks continue to dominate industry economics.

We are pleased to announce the results of our second annual survey of U.S.-based Internet consumers with an objective of identifying the changes in brand awareness, usage frequency and likes/dislikes about Pinterest. We received a total of 4,365 responses that included existing 3,025 Pinterest users.

We are pleased to announce the results of our second consumer and investor survey on trends in cryptocurrencies and Blockchain technology. We received 2,490 responses from consumers and 528 responses from individual accredited and institutional investors.

We are pleased to announce the results of SharesPost’s Cybersecurity Industry Professional Survey. In our 2018 survey, we received 372 complete responses, and were effectively able to gauge the current state of the cybersecurity market from the people who help oversee cybersecurity.

Like most cutting-edge technology industries, the cybersecurity industry benefits from a steady stream of new companies and funding. What makes cybersecurity unique is the sheer number of companies formed each year and the fast pace of consolidation in the space.

Unlike other rapidly growing industries, the cybersecurity industry already features a developed ecosystem with important public and private companies at all stages of maturity. Even as some major incumbents decline, startups rapidly grow to fill new niches. Large tech firms then swallow these upstarts just as quickly.

A Multi-Trillion Dollar Value Creation Opportunity: The emergence of Blockchain technology, cryptocurrencies and Blockchain tokens promises to fundamentally remake the innovation economy and the private capital market. While still early, Blockchain applications offer a large revenue opportunity and could significantly impact financial services, commerce, media, supply chain management, cybersecurity, and several other industries.

We are pleased to announce the results of SharesPost’s 2018 Alternative Accommodations Consumer Survey. For the 2018 survey, we received 4,093 complete responses, compared to 4,780 complete responses in our 2017 survey.