Y Combinator

DECEMBER 8, 2021

2 Incumbent banks miss the mark in two crucial areas: The banking experience has not evolved to match modern consumer. In this post, we will walk through what drove Monzo’s early success, how it has come to dominate the UK market, and the company’s opportunity to change the landscape of global financial services with its beloved brand.

peer-to-peer 103

peer-to-peer incumbents financing finance 103

TechCrunch

DECEMBER 15, 2022

Virgio says consumers’ fashion preferences are changing rapidly and they are not satisfied with the incumbents’ offerings. This is then fed into our agile and responsive supply chain to enable the trendiest, elegant and yet affordable line in near real-time. For example, for women, only ~25% of fashion is branded apparel.

startup 76

startup incumbents media financing 76

Both Sides of the Table

DECEMBER 22, 2011

Socially connected individuals and platforms that enable faster roll-outs of successful products. Ones that offer amazing value (low relative margins) at high volumes that makes it nearly impossible for high-cost incumbents to compete. How does the incumbent respond? How do existing incumbents compete with that?

incumbents 386

incumbents startup networking disruption 386

Y Combinator

DECEMBER 8, 2021

2 Incumbent banks miss the mark in two crucial areas: The banking experience has not evolved to match modern consumer expectations. Monzo attacked incumbent models by creating an entirely app-based experience where customers could open a checking account from their phone for free. Traditional banks have not been able to keep pace.

peer-to-peer 40

peer-to-peer incumbents financing finance 40

Y Combinator

APRIL 26, 2021

Even with $125K from YC and $1–2M in venture funding, a startup’s credit limit is still likely to tap out at $20K from an incumbent creditor—which is not nearly enough to cover software, marketing, and other expenses. incumbent offerings which only offered end-of-month reconciliation).

incumbents 130

incumbents financing finance enablement 130

TechCrunch

AUGUST 5, 2021

The Statsig team saw an opportunity to rebuild these features from scratch outside of Facebook so that other companies that have products to build — but no time to build their own quick testing capabilities — can be just as successful. In fact, the adoption the company is getting is “bottom up,” which is what Statsig wants, he said.

development 99

development incumbents venture capital board 99

OurCrowd

AUGUST 14, 2019

While incumbent competitor Mattress Firm began a process of consolidation and subsequently filed for bankruptcy in 2018, Casper announced it would be opening 200 retail locations across the US. Buyers now expect stores to offer an opportunity to connect with a brand in a way that is relational rather than purely transactional. “A

sustainability 51

sustainability incumbents technology strategy 51