In the last five years we have seen three new ecommerce and marketplace companies worth $10bn+, whereas in the last twenty years there were six US public companies in those sectors worth the same amount.
At Forward Partners we focus on ecommerce, marketplaces and related SaaS.
There are two takeaways:
- The ecommerce and marketplaces opportunity has been yielding huge companies for two decades now
- The rate at which $10bn+ companies are created has accelerated significantly
The inspiration for this post was Bessemer’s recent presentation about current valuations.