Three Venture Capital Trends to Watch

Experienced business leader Sheldon Jason Burnett has served as chairman of the board at Cenoplex and executive vice president of Burnac Corporation. The current CEO and president of Analytics Associates Group, Sheldon J. Burnett oversees consulting services at four divisions of the company, including venture capital.

The following are a few venture capital investing trends that are expected to continue in 2021:

Alternative data

Traditional data sources, like financial statements, have long been used by investors when making their decisions, but alternative data has become a growing source of guidance. Online job postings, credit cards, and satellite imagery are all types of alternative data that venture capitalists have been using to guide their investing decisions.

Technology and old industries

Legacy industries have been falling out of favor for many venture capitalists, but this will likely not always be the case. In 2021 continued technological advances will provide these older industries with an overhaul of sorts, bringing back investor interest. This technology isn’t always state of the art, but it’s still a notable improvement for industries using decades-old technologies.

Cryptocurrency

Venture capitalists seeking flexible investment opportunities are being drawn more and more to cryptocurrencies. By 2025, it’s estimated that the crypto market will exceed $39 billion. In addition to its flexibility, crypto offers investors a more traditional trading experience via an initial coin offering while avoiding many regulations.

The Value of a Startup Consultant

Sheldon Jason Burnett, an experienced consultant and business leader, serves as the CEO and president of Analytics Associates Group. As such, he heads four divisions at the company, including logistics and sports analytics operations. Sheldon J. Burnett also serves as a consultant to startups.

Startups are well known for the many uncertainties they face. As a result, many startup founders seek the advice and guidance of a startup consultant. These professionals provide leaders with the resources and knowledge they need for moving forward with an idea. This includes guiding them away from common early mistakes startup founders make or helping them to understand how to use their available resources most effectively.

Having a startup consultant benefits entrepreneurs since it provides them with unbiased feedback about their concepts and business approaches. They are outside professionals who are brought to a startup on a short-term basis for support. Since they are not part of the team, they are capable of giving third-party assistance during everything from creating a business plan to establishing benchmarks for performance success.