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The Year to Be Great

Andreessen Horowitz

A Great company has a strong, defensible business model that can win market share from incumbents. Below, we analyzed data from 77 US-based or -centric companies founded after 2000 that have a $5B+ market cap and highlighted what it takes to be Great by the numbers—and why growth is especially important on that journey.

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Understanding How The Innovator’s Dilemma Affects You

Both Sides of the Table

The framework of his book has profoundly altered how I think about the technology market and affects how I thought about building my businesses and how I think about investing in venture capital. It should affect how you think if you are an incumbent but also if you’re a startup. Incumbents feel threatened.

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Daily Crunch: Months after rejecting a $17B bid, Zendesk sells to private equity group for $10.2B

TechCrunch

billion transaction — led by Permira and Hellman & Friedman — gave investors a way to get some return on their investment, albeit below the $17 billion offer they got in February. Some affected founders are pushing the narrative that incumbent banks lobbied the RBI to reach a decision favorable to them. Ron notes that the $10.2

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The Metric that Matters for Startups in 2016

Tomasz Tunguz

Starting in 2014, and perhaps even a bit before, startups have been able to raise capital at better terms than at any time since 2000. Inexpensive equity dollars enable capital-intensive companies to amass the warchest necessary to dethrone incumbents. More money raised for less dilution. As demand falls, so will prices/valuations.

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Ed Zimmerman: The Growing Scarcity of Series B Venture Rounds

WSJ - The Accelerators

Between 2000 and 2002, Industry Canada reported that roughly a quarter of the venture funding for Canadian startups came from the United States, while the converse was not true – Canadian venture capitalists maybe accounted for 1% of venture investments into U.S. This trend of foreign startups seeking earlier and earlier U.S.

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Fintech Roundup: Goldman Sachs buys another startup, Fast hits a speed bump and BaaS gets hotter

TechCrunch

In a statement, Luke Sarsfield, co-head of Goldman Sachs Asset Management, said: “Employers are looking to provide their employees tailored solutions and customizable advice that can better support individual saving and investing needs to help improve retirement savings outcomes. In Q2 of 2000, that number dipped slightly to 46.

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Former AWS engineer sets out to build a better log search engine

TechCrunch

The largest incumbent in this space is Elastic, the makers of ElasticSearch, a public company founded in 2012. The launch generated some discussion on Hacker News and Reddit , and quickly built up 2000 stars on GitHub – today the tool is approaching 8,000 stars, a sign that people are liking it. The company announced a $3.6