Remove 2011 Remove enablement Remove networking
article thumbnail

It’s Morning in Venture Capital

Both Sides of the Table

The movie, “The Social Network” might have had more of an impact on creating future entrepreneurs than any other event of the past 5 years. By 2010-2011 this had shrunk by half again, averaging under $15 billion. By the end of 2011 the Internet population was estimated at 2.3 Thank you, Aaron Sorkin!

article thumbnail

New Funds, New Era

Andreessen Horowitz

My partner Marc saw the new world coming and wrote about it in 2011 in a piece called, “Software is Eating the World.” More importantly, founders building AI foundation models need an entirely different set of networks and capabilities than founders building biotech therapies. What he predicted then came true.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

GoCardless raises another $95M as it bets on open banking alongside its recurring payments network

TechCrunch

However, I understand the round values GoCardless at just over $970 million, meaning that the 2011-founded fintech is perhaps best described as a soonicorn (presuming these things are important to you). By adding bank-to-bank payments to its stack, GoCardless is continuing to push up against the card network duopoly of Visa and Mastercard. “We

article thumbnail

This Week in VC with Dana Settle of Greycroft Partners

Both Sides of the Table

CEO hinted to WSJ that it may go public in early 2011. SimpleGeo – Provider of simple, turnkey location based services to content publishers and online service providers looking to location-enable their applications or services. Note that these are “gross” revenue numbers. Total Raised: $17.7mm. Read more: TechCrunch.

VC 240
article thumbnail

Nigerian fintech Appzone raises $10M for expansion and proprietary technology

TechCrunch

One clear differentiator is that the company functions as an enabler (at payment rails and the core infrastructure) within banking and payments. In 2011, the company launched its first core banking product targeting microfinance institutions. . Appzone clearly plays a different game from other African fintechs.

article thumbnail

Twitter, Jobs, Democracy & The US Elections

Both Sides of the Table

As you become a large, open network for referral traffic your long-term strategic value goes up. But person-to-person communications is vital to enabling democracy and you can’t deny the role of media in driving social change. So we value things like &# referral traffic&# much less. That’s the Google lesson.

media 274
article thumbnail

Gogoro strikes deal with Yadea and DCJ to build a battery-swapping network in China

TechCrunch

DCJ and Yadea will jointly invest $50 million in an operating company to develop new two-wheel vehicles with their own branding that use the Gogoro Network, including its batteries, drivetrains, controllers and other components. Gogoro will be the technology that powers them, so think about it like we’re the Ericsson.”.