Fortune June 11, 2019
It’s taken several decades, but half of the world’s population is now on the Internet, an annual report on internet trends by venture capitalist Mary Meeker said Tuesday.
But along with the vast scale of the Internet’s reach comes a slowdown in its growth. The number of people active online last year grew by 6% to about $3.8 billion, or 51% of the world’s total population. In 2017, there were 3.6 billion people online, or 49% of the population.
Meeker, who spun out from Kleiner Perkins last fall after eight years at the VC firm, raised this spring $1.25 billion in capital commitments for a growth fund at Bond Cap LLC. Since 1995, when she was an analyst at Morgan Stanley, Meeker has issued an exhaustive...