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My First 16: Competing in a Crowd of Incumbents with Mercury’s Immad Akhund

Andreessen Horowitz

ABOUT MY FIRST 16 Our new video podcast series My First 16 features interviews with founders and CEOs of fintech companies about how they acquired their initial customers and the hard lessons they learned along the way. Seema: Like so many of our founders, you had the pain point yourself and decided to go tackle it head on.

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Textio’s Founder Kieran Snyder on the Two Advantages Startups Have in AI (While Remaining Skeptical Of The Funding Gold Rush)

Hunter Walk

It’s also not an accident that, upon stepping back from being Textio’s CEO, I’ve built a sizable exec coaching practice working largely with early stage founders. Are there specific paths/opportunities in AI that you believe startups are actually better qualified to take advantage of than incumbents? Why does this happen?

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Fintechs could see $100 billion of liquidity in 2021

TechCrunch

4-year founder vesting is dead. 2019 saw a stampede of fintech unicorns. 2019 saw a stampede of fintech unicorns. 2019 looks to continue another lights-out year for fintech startups. More posts by this contributor. Dana Stalder. Contributor. Share on Twitter. More posts by this contributor. Matrix U.S.

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Extra Crunch roundup: Edtech VC survey, 5 founder mistakes, fintech liquidity, more

TechCrunch

Edtech needs to reach beyond underfunded public school systems to become more sustainable, which is why more investors and founders are focusing on lifelong learning. Jan Lynn-Matern , founder and partner, Emerge Education (a leading edtech seed fund in Europe with portfolio companies like Aula, Unibuddy and BibliU).

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FintechOS nabs $60M for a low-code approach to modernizing legacy banking and insurance services

TechCrunch

“Challenger” startups in banking and insurance have upended their industries, and picked up significant business, by building more customer-friendly tools and services — more personalized, easier to access and usually competitively priced — than those typically provided by their bigger, incumbent rivals.

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To reach fintech’s next level, infrastructure providers must address these pain points

TechCrunch

Laura Spiekerman is the co-founder and chief revenue officer of Alloy , an identity-decisioning platform for banks and fintech companies. And even though investment activity decreased this year, it still remains well above where it was in 2019 and 2020. Laura Spiekerman. Contributor. Share on Twitter.

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Canada’s Neo Financial closes on $145M Series C, surpasses 1 million customers

TechCrunch

million (CAN $299 million) since its 2019 inception, and values the company at over $784.8 Maple is based in San Francisco, but focuses on investing in founders with Canadian roots. At the same time, the incumbent banks are stuck with their mainframes, IBM contracts, and software written in COBOL,” he wrote via email.”