CB Insights - millennials love these 12 industries

Hi there, 

Today, we cover everything from millennials’ favorite industries to the outlook for next-gen nutrition.

But before you dig in, make sure to apply for the Fintech 250 before applications close tomorrow (July 1). It’ll take less than 3 minutes. 

It’s not just avocado toast

Millennials are entering their prime spending years — and they’re set to receive $30T in wealth from baby boomers and Gen X.

From fitness to micromobility to skincare, these 12 industries will thrive thanks to millennials. 

Where did you come from, where did you go

Since announcing our third annual Fintech 250 list last year, 20 companies have exited and 49 have become unicorns. 

Check out where the top 250 fintech companies of 2020 are now. 

Want to be considered for our 2021 list? Applications for this year's Fintech 250 close tomorrow. Apply here.

This porridge is just right

The global health and wellness food market is projected to reach $812B this year.

We dig into what the next generation of nutrition looks like — including the alternative protein opportunity and the rise of personalization in the space — in this market analysis. 

Efficiency is the name of the game

In the wake of the pandemic and global trade tensions, manufacturers are boosting operational execution and production flexibility to meet demand. 

From plant analytics platforms to IIoT infrastructure, we help process manufacturers map the landscape for digitization and optimization solutions in this client-only report. 

Bloomberg. Bei Hu (@BeiHu1) discusses hedge fund interest in Japan-based startups and cites CB Insights unicorn data. 

Payments Dive. Vaidik Trivedi (@imVaidikTrivedi) reports on the rise of digital wallets and quotes CB Insights analyst Elif Yayla.

CNBC. Riley de León (@RileyCNBC) covers SentinelOne’s market debut and cites CB Insights research.
 

I love you.
 

P.S. We’re looking for an onboarding specialist to provide a world-class training experience to our new customers. Check out the role here.

Water cooler talk. Working in person may not actually boost innovation and creativity, according to researchers. 

NYT 

Tik tok on the clock. Videos of factory work in China have taken off on TikTok, driven by content farms helping factories market their goods.

Rest of World 

Rockin’ robins. Birding — which saw a surge in popularity in the early days of the pandemic — has maintained its momentum.

Quartz 

Dance party. K-pop group BTS danced with a Boston Dynamics robot in a recent Hyundai ad.

Protocol  

On the road again. Car rental companies have transported hundreds of vehicles to Hawaii to address soaring demand, but tourists are still having to get creative to get around. 

WSJ