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Venture Capital firm partner Mary Meeker to present annual outlook on internet industry

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ANI Washington

Partner at Venture Capital (VC) firm Kleiner Perkins Caufield and Byers (KPCB) Mary Meeker is going to present her annual outlook on the internet industry at the Code Conference put on by Re/code.

Meeker, who is one of the legendary observers of the Internet industry, is going to present some facts about the internet at the Code Conference where data gives deep insights into the state of the technology industry that is useful for investors, founders, journalists, and others who care about technology.

According to Tech Crunch, one of the most important facts from Meeker's 2014 Internet Trends Report is that Internet adoption is slowing down, and she said that they knew this already but what is interesting is the creeping pace, as it now grows at a rate of less than 10percent.

 

Meeker's has also said in her report that smartphone growth is at 20 percent and is also slowing down, with developing markets now the engine driving expansion.

Moreover, important facts from Meeker's reports include that if they are in a bubble, it is not nearly as bad as it was in 2000 and that Internet advertising is still growing, but the big opportunity is in mobile ads.

Meeker has also mentioned that people spend little time on print media but it sucks up a ton of the ad spend, while mobile has become a huge part of lives yet not enough is spent on mobile ads among other important facts in her 2014 Internet Trends Report, the report added.

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First Published: May 29 2014 | 1:37 PM IST

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