Dear Startup Investor,
One silver lining I’ve found in all this time stuck at home is that I’m finally able to answer more of the questions I’ve seen you all sending in.
Today, the question I want to address is: How will 5G technology affect startups? Are there any privately-held companies that are implementing or deploying this revolutionary tech?
The short answer is yes, and here’s why: 5G, the next generation of wireless technology, could give networks the power to transmit enormous data packages in almost real-time. Once it’s fully rolled out, it’s going to change virtually every industry out there.
Let’s dig deeper into what this means for startups and angel investors.
5G: A springboard for technology of the future
5G tech could virtually eliminate the lag time between data being collected by one party, and it being received by another.
When we’re talking about sending pictures to our friends, that all sounds a bit frivolous. But consider the industries that could benefit.
Self-driving cars could collect and transmit data continuously, making each ride safer.
Virtual reality could go from being an interesting novelty to a fully immersive, hyper-realistic alternative experience.
Drones could livestream super-HD video to military centers, gathering valuable intel while keeping men and women out of dangerous field conditions.
Pretty much any high-tech thing you can think of will be revolutionized when 5G rollout is complete.
Startup trends to watch in 5G this year
In the same vein, any startup that relies on the wireless transmission of data is virtually guaranteed to benefit from 5G technology.
There are the industries we just talked about – autonomous driving, virtual and augmented reality, drone videography – but there are dozens, if not hundreds, more.
5G could open the doors for smart cities to pop up all over the world. Smart houses – with connected water, electric, and other utility controls – will be the absolute norm in just a few years.
Telemedicine, agriculture, security systems, manufacturing, social media… all of these things are virtually guaranteed to get a big boost when 5G coverage is complete.
My advice to you as an angel investor is to look for startups that will take full advantage of this technological leap to improve existing products or launch new ones. I wouldn’t waste too much time trying to find some tiny company that will deploy the tech itself; that’s pretty much covered by behemoths like T Mobile, AT&T, and so on. The little guys just don’t have the infrastructure to support a global rollout like this.
As always, I’ll keep you in the loop as more information about this rapidly evolving technology comes to light. And please – keep the questions coming. I’m here to help you – so just let me know what you’d like to hear about next.
We’ll talk soon.
Until next time,
36 responses to “You Asked About 5G… So I’m Answering”
April 05 2020