VCs share why health and beverages are hot investments in 2020 - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

5 top DTC VCs told us why health and wellness and beverages are the hottest categories and where they plan to place their bets in 2020

into startups in 2020. Some of it is going to direct-to-consumer startups in categories from alcohol to beauty to home security.they especially see huge opportunity in companies with a health and wellness bent, like 8Greens, Daily Harvest, Kin Euphorics, and Talea Beer.

She said Oura meets this pent-up demand, provides a utility, and is less bulky and easier to use than other fitness trackers. She thinks Oura could become a hub for all things sleep. "They really care about what they put in their bodies, on their bodies and how they strengthen their bodies," she said of that audience.Investors are attracted to convenience

"Whether it's 8Greens offering veggies in effervescent tablets or Daily Harvest's quick meal-replacement smoothies and bowls, it's about the form factor and efficacy of convenience," he said. "Beverage startups today check all the boxes."Factors fueling new beverages are the decline in alcohol consumption, the growing popularity of spiked seltzer, non-alcoholic beverages, and interest in sobriety, said Byron Ling, a partner at Canaan Ventures.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

5 restaurant executives and insiders reveal the industry's biggest challenges for 2020 - Business InsiderBusiness Insider spoke with five restaurant industry insiders about the biggest challenge facing the business in 2020.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Netflix is projected to spend over $17 billion on content in 2020 - Business InsiderNetflix is projected to shell out $17.3 billion on content over the course of 2020 – coming hot on the heels of Netflix dominating Oscar nominations. BMO Capital Markets has published a spending estimate that anticipates that Netflix will pay out $17.3 billion in content in 2020, up from the $15.3 billion invested in 2019 per variety. 6029 SOPHIA33277
Source: BusinessInsider - 🏆 729. / 51 Read more »