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The Duolingo English Test

A VC: Musings of a VC in NYC

The “incumbent provider” of English proficiency tests, Test Of English As A Foreign Language (aka TOEFL), has had all of the companies and universities who accept it locked up for many years. But in some markets, incumbency matters more than better. It is two sides of the same coin. It costs less ($49 vs $205).

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The Breakout Tech Company Of 2018

Haystack

Had I begun this tradition earlier, for those wondering, it would’ve been Airbnb in 2012, and Uber in 2011.). You may look at this and think to yourself “well, of course, how controversial is those?” ” This year, however, is like any other year in which I’ve tracked these and tried to single out one.

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The Rising Stakes in SaaS

Tomasz Tunguz

In 2012 ChiefMartec landscape counted 350 vendors selling to sales and marketing. Incumbent client/server technologies have lost their market dominance to new incumbents. Incumbent client/server technologies have lost their market dominance to new incumbents. Today, that figure is 5000.

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Which Categories of Seed Startups are Thriving? Which Aren't?

Tomasz Tunguz

FinTech - challenger banks, new electronic stock brokers, AI-powered investment advisors; startups are besieging the incumbents of this regulated world and assailing them in ever greater numbers. Social Media - Facebook went public in 2012. Food and Beverage - the way we eat and farm is evolving quickly.

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Avant doubles down on digital banking with Zero Financial acquisition

TechCrunch

Founded in 2012, Chicago-based Avant started out primarily as an online lender targeting “underserved consumers,” but is evolving into digital banking with this acquisition. The challenger bank was created to target millennials dissatisfied with the incumbent banking options. million consumers to $7.5

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The Blockbuster Software M&A Market of 2018

Tomasz Tunguz

The increasing competition amongst incumbents. The corporate tax holiday. The growing sizes of the software market. The desire for continuing growth. The pace of innovation within software. A vibrant public market that is continuing to price companies aggressively. EV/NTM revenues. Oracle/Eloqua. SAP/Callidus. Microsoft/LinkedIn. IBM/Kenexa.

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Argentinian fintech infrastructure startup Geopagos leaves the boot straps behind with $35M funding round

TechCrunch

In a nutshell, Geopagos feels it is in the ideal position of being able to serve as the software enabler that can retrofit incumbents like large banks and launch the enablers like fintechs. Indeed, customers include large financial institutions, fintechs, retailers and software companies, among others.

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