Where Capital Flows

Two complementary lenses on the global economy. GICS gives structure (used by every major fund). a16z gives direction (where venture capital is moving now).

—GICS Total

—a16z Total

—Operator Total

1 · GICS — Industry Structure

11 sectors, 25 industry groups, 74 industries. The taxonomy used by MSCI, S&P, and every major fund.

2 · a16z — Where Venture Capital is Flowing

9 verticals as defined by Andreessen Horowitz. Revenue figures reconstructed from Statista, Sensor Tower, Fortune, IDC, Newzoo, IQVIA, SIPRI, PitchBook.

3 · Modern Operator Map — How a Builder Sees the World

Our own taxonomy: 15 categories that an operator actually thinks in (SaaS, Mobile App, Marketplace, Creator Economy, Community Business, AI Tool, Productized Service, etc.). Sources: Statista, Sensor Tower, Bessemer Cloud Index, Goldman Sachs Creator Economy report, IAB, Messari. Some overlap by design — flagged in notes.