2012 incumbents innovation 
Tomasz Tunguz
OCTOBER 21, 2017
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.
TechCrunch
APRIL 7, 2021
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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TechCrunch
AUGUST 4, 2022
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. Geopagos, in Riverwood’s view, powers such innovation — in turn, helping its clients “drive digital inclusion in payments all across the region.”.
Tomasz Tunguz
JUNE 11, 2018
The pace of innovation within software. The increasing competition amongst incumbents. Consequently, I expect substantially more acquisitions of the scale and at these multiples through 2018. The corporate tax holiday. The growing sizes of the software market. The desire for continuing growth. EV/NTM revenues. Oracle/Eloqua.
TechCrunch
MARCH 30, 2023
payments landscape is currently dominated by legacy and new-age incumbents, and we know competition would ultimately deliver better outcomes for consumers. We’ve launched five products in recent months and have a strong pipeline planned as we continue to innovate to better serve our merchants. How many employees do you have?
Haystack
JUNE 5, 2018
As expected, many developers didn’t love the news that some of their work would be concentrated in the hands of a tech incumbent. 6/ “Gitting Liquid” Back in 2012, right around when I first moved here and was figuring out what VC was, I knew many of the larger firms were figuring out a way to invest in GitHub.
Tomasz Tunguz
JULY 13, 2015
Where are founders finding unique opportunities to innovate? Each year, starting in mid-2012 through mid-2015, these sectors have grown their investment dollars by more than 145%, according to Mattermark data. The rest of the list controverts the notion that startups and investors pursue only incremental innovations.
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