I have a tremendous amount of respect for the time and thought that goes into crafting this annual report. Virtually no one in the industry does it better than Mary Meeker and team, which is why I set aside time each year to read the memo end-to-end. This year, I attempted the nearly impossible task of distilling the 334 pages down to just my 10 most essential slides. It was both a fun and challenging exercise, more art (and subjectivity) than science. I selected some slides because they were surprising, others because they substantiated a hunch, and the remainder simply because they contained must-know material. I hope others find the following curation as interesting and useful as I did.
You can review my 10 essential slides here.
You can read the full report here.