Day: July 28, 2022

What’s New on VC+ in August?

This post is by Niccolo Conte from Visual Capitalist

If you’re a regular visitor to Visual Capitalist, you know that we’re your home base for data-driven, visual storytelling that helps explain a complex world.

But did you know there’s a way to get even more out of Visual Capitalist, all while helping support the work we do?

More Visuals. More Insight. More Understanding.

VC+ is our members program that gives you exclusive access to extra visual content and insightful special features. It also gets you access to The Trendline, our twice a week members-only newsletter that features the very best visualizations and data releases.

Sign Up for VC+

So what is getting sent to members in the coming weeks for VC+ in August?

New to VC+ in August 2022

“2022 Prediction Consensus: Mid-Year Update”

SPECIAL DISPATCH: A Mid-Year Check In on the Expert Predictions for 2022


We check in on our annual Prediction Consensus to see whether or not expert forecasts for 2022 have been coming to fruition so far.

Along with checking in on past predictions, this VC+ Special Dispatch will also take a look at new forecasts and outlooks experts have put out for how they think the rest of the year will close out.

Coming Wednesday, August 3rd, 2022 (Get VC+ to access)

”Markets this Month: August Edition”

SPECIAL DISPATCH: Everything You Need to Know for This Month in the Markets


This Special Dispatch exclusive to VC+ subscribers provides a high-level summary of the month’s key events and most important market trends. It’s (Read more...)

Animation: The Rise and Fall of Popular Web Browsers Since 1994

This post is by Carmen Ang from Visual Capitalist

Animation: The Rise and Fall of Popular Web Browsers Since 1994

In its early stages, the internet was a highly technical interface that most people had difficulty navigating. But that all changed when the Mosaic web browser entered the scene in 1993.

Mosaic was one of the first “user-friendly” internet portals—although by today’s standards, the browser was actually quite difficult to access. Comparatively, modern browsers in high use today have changed exponentially.

This animated graphic by James Eagle chronicles the evolution of the web browser market, showing the rise and fall of various internet portals from January 1994 to March 2022.

The 1990s: From Mosaic to Netscape

In the early 90s, Mosaic was by far the most dominant web browser. At the time, about 97% of all internet searches were done through this popular web portal.

Web browser% Share (January 1994)

Mosaic was the first web browser to display images directly on a page in line with text. Earlier browsers loaded pictures as separate files, which meant users have to click, download, and open a new file in order to view them.

The pioneering portal was created by a team of university undergrads at the University of Illinois, led by 21-year-old Marc Andreessen. When Andreessen graduated, he went on to be the co-founder of Mosaic Communications Corporation, which evolved into Netscape Communications Corporation, the company that created Netscape Navigator.

Netscape was essentially a new and improved version of Mosaic, but since the University of (Read more...)

Visualizing the World’s Largest Oil Producers

This post is by Raul Amoros from Visual Capitalist

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largest oil producers by country 2021

The World’s Largest Oil Producers

This was originally posted on Elements. Sign up to the free mailing list to get beautiful visualizations on natural resource megatrends in your email every week.

The world is in the middle of the first energy crisis of the 21st century.

High energy prices, especially for oil, gas, and coal, are driving decades-high inflation in various countries, some of which are also experiencing energy shortages. Russia’s recent invasion of Ukraine has exacerbated the crisis, given that the country is both a major producer and exporter of oil and natural gas.

Using data from BP’s Statistical Review of World Energy, the above infographic provides further context on the crisis by visualizing the world’s largest oil producers in 2021.

Oil Production: OPEC Countries vs. Rest of the World

Before looking at country-level data, it’s worth seeing the amount of oil the Organization of Petroleum Exporting Countries (OPEC) produces compared to other organizations and regions.

Region/Organization2021 Oil Production (barrels per day)% of Total
North America23.9M27%
Commonwealth of Independent States (CIS)13.8M15%
Rest of the World20.5M23%

The OPEC countries are the largest oil producers collectively, with Saudi Arabia alone making up one-third of OPEC production. It’s also important to note that OPEC production remains below pre-pandemic levels after the organization reduced its output by an unprecedented 10 million barrels per day (B/D) in 2020.

(Read more...)

Don’t Make Decisions Alone

This post is by Reid Hoffman from Reid Hoffman

After a wave of early customer feedback, LinkedIn shifted its primary product development focus from individual to corporate subscriptions. 

One problem: I had never built a corporate product. 

I didn’t know who could best advise us when I called David Sze at Greylock. He introduced us to Workday CEO Aneel Bhusri, who connected us to Mike Stankey on his team. Mike had the exact skills and knowledge to help us. 

My network helped me pinpoint what I needed, and guided me to an expert better than I could have managed alone. 

There will be many times when you won’t have the answer or the expertise, but your network might. Network intelligence is not only the collective know-how of your network, but also how you access and integrate its wisdom into your decision-making process.  

On the fifth episode of the Startup of You Podcast, Ben Casnocha and I cover:   

  • Why you should see—and map—your network as a sensor network
  • What network literacy is, why it’s important, and how to develop it
  • How to conduct better reference checks—and with whom

Listen here: 

If you like what you hear, please subscribe and let us know your thoughts and questions in the comments below. 

The Critical Startup Skills You Might Be Overlooking — And How to Bring Them Into Focus

We’ve combed the extensive Review archives for tactical guidance from some of the sharpest folks we know on how to get better at specific startup skills you’re probably discounting. Leaders like Annie Duke, Liz Fosslien, Brie Wolfson and more share tactical ideas for putting more focus onto the critical development areas you might be overlooking.

Back to the trend line?

Back in 2020, as we were all locked down and forced to do everything online, we got very excited about ecommerce penetration. All sorts of charts went viral showing that we’d jumped forward anything from three to five years in a couple of months. This was a big part of the ‘Covid Rotation’, and now we’re on the other side of that rotation - people went back to the office, and back to stores, and back on planes. And for retail and ecommerce, it looks like a lot of that growth was temporary, and we’re reverting to the trend line.

There’s a pretty obvious question in this chart, though - percentage of what? This is what the absolute numbers for US e-commerce look like. That reversion to the trend line suddenly doesn’t look quite so obvious.

The issue, of course, is that total retail sales have been far from stable, and so as the denominator has swung around, so has the e-commerce penetration. US ecommerce has, in fact remained at the new higher level - for now - but there has been a surge in physical (and, of course, inflation has suddenly shot up to 10% or so).

You can see this more dramatically in the UK, which had a much bigger lockdown and hence much bigger swings in the denominator and in the penetration. The penetration percentage has spiked all over the place.

Equally interesting, I think, is the question of which ‘retail’ number we should use as the (Read more...)

Rob Petrozzo, Co-Founder and Chief Product Officer at Rally, on a Panic with Friends Dual Podcast

This post is by Howard Lindzon from Howard Lindzon