TechCrunch

NOVEMBER 23, 2021

CEO Greg Chen founded the company in 2014 came from his 15-year span in the mobile industry, noticing how enterprises in South Africa struggled to target and engage their customers via SMS efficiently. ” Seven years in, the company works with more than 100 brands, such as MultiChoice, Experian, HomeChoice and New Balance.

incumbents 90

incumbents disruption opportunity enablement 90

TechCrunch

MARCH 21, 2022

The CEO is Guru Hariharan, who you might remember from retail analytics company Boomerang Commerce , a Startup Battlefield finalist in 2014. Incumbents are over 20 years old and built on aging infrastructure created before the smartphone and social media,” he added. He exited the company to Lowe’s in 2019.

capital 89

capital startup enablement incumbents 89

TechCrunch

MAY 11, 2022

Payson Johnston and Steven Lee started Crowdz in 2014 after working as B2B supply-chain senior managers for global processes at Cisco. We quickly found that most incumbents focusing solely on the financing of SaaS receivables lacked reliable data and market traction to sufficiently validate their business models,” Chupryna said.

financing 98

financing finance funders SaaS 98

Haystack

NOVEMBER 25, 2018

As a little tradition on this blog, I’ve singled out companies starting in 2013 with Stripe ; there was Snap back in 2014; Slack in 2015; took a break in 2016, as I wasn’t inspired to select one then; and last year, 2017, was Coinbase.

incumbents 127

incumbents accelerator venture capital financing 127

TechCrunch

AUGUST 19, 2022

Godot, for the uninitiated, is a cross-platform game engine first released under an open source license back in 2014, though its initial development pre-dates that by several years. But Linietsky was keen to highlight one core difference between W4 and these incumbents: it’s expertise.

incumbents 100

incumbents communities support development 100

Continuations

OCTOBER 18, 2019

I have spoken and written extensively about this going back to a post on labor rights (2014) and my TEDxNY talk (2015), several subsequent blog posts , and my book World After Capital. This has massively reduced the power of incumbent banks, allowing for rapid innovation in the banking and payments sector.

networking 40

networking incumbents education innovation 40

TechCrunch

JUNE 23, 2021

Snyder co-founded Lower in 2014 with the goal of making the homebuying process simpler for consumers. We believe by providing consumers a great mobile experience, Lower will gain share from incumbent banks, in the same way that companies like Monzo have in banking or Venmo in payments or Trade Republic and Robinhood in stock trading.” .

financing 94

financing finance incumbents board 94

Tomasz Tunguz

DECEMBER 20, 2016

Valuations there fell from their highs in 2014. The first post sketched the idea and the second filled in the details of one theory on how startups will disrupt their incumbents, and particularly the dominant systems of record. Time for some quantitative analysis of the content that readers liked the best this year.

SaaS 40

SaaS incumbents strategy disruption 40

Tomasz Tunguz

JUNE 20, 2016

In 2014, that figure fell to 1186 and in 2015, we count 481. But if we assume the 2014 cohort is accurate, then the data suggests an 18% drop in software company formation. Subverting those incumbents is going to require a meaningfully better product or substantially more effective customer acquisition channel.

SaaS 40

SaaS incumbents venture capital ventures 40

TechCrunch

NOVEMBER 13, 2022

From Tage Kene-Okafor: Kuda , the London-based and Nigerian-operating startup taking on incumbents in the country with a mobile-first and personalized set of banking services, is expanding to the U.K. by offering a remittance product to Nigerians in the diaspora. The digital bank has seen some success since launching in Nigeria in 2019.

real estate 97

real estate incumbents mix-use financing 97

Haystack

JUNE 5, 2018

After being installed in 2014 as Microsoft’s new CEO, Nadella has turned around the Seattle ocean liner on a new course after the Ballmer regime. As expected, many developers didn’t love the news that some of their work would be concentrated in the hands of a tech incumbent. Satya strikes again. 5/ “Decentralized Everything?”

leadership 71

leadership incumbents culture networking 71

Tomasz Tunguz

AUGUST 27, 2015

In mid-2014, CEB published Harnessing Business-Led IT to answer this question. It’s an shot across the bow, a battle cry, a bugle call to the incumbents that they there are startups at their customers’ front doors bearing gifts. But until yesterday, I hadn’t found anyone who had quantified the size of the movement.

SaaS 40

SaaS incumbents collaboration financing 40

Tomasz Tunguz

FEBRUARY 9, 2020

It was March 2014. Here was a plucky group of founders with deep technical expertise seeking to take on the incumbents with a novel architecture. It’s a far cry from 20 people and sub-$100M valuation in 2014. The debate about partnering with Snowflake went back and forth during the investment committee meeting.

incumbents 19

incumbents investing investment support 19

Tomasz Tunguz

JUNE 7, 2015

In 2014, Gartner predicted Chief Marketing Officers would control more budget than Chief Information Officers by 2017 , and the initial data shows the trend to be accurate. So, it is incumbent for each startup to determine which of the disciplines is most important, given the goals and the stage of the business.

SaaS 40

SaaS incumbents B2B marketing education 40

WSJ - The Accelerators

JULY 2, 2015

The graphic follows those startups until April 2014. The research found that only 54% of those startups landed Series A funding, while 36% of the original cohort ended up nabbing elusive Series B money by April 2014. Only 4% of the 160 startups from the class of 2009 completed a 6 th funding round by April 2014. Certainly not.

ventures 28

ventures incumbents venture capital financing 28

TechCrunch

JUNE 17, 2021

Since launching in 2014, it has seemingly forged a path to realizing its vision with $140 million in funding and 25,000 teams across the globe using the platform. Its ambition lies in the fact that there are massive incumbents in this space, like Google and Microsoft. Coda entered the market with an ambitious, but simple, mission.

pitching 76

pitching incumbents advice networking 76

Tomasz Tunguz

JANUARY 14, 2016

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. ” will be “What are your unit economics?” Crunchbase tallies $10.1B

real estate 40

real estate startup incumbents sustainability 40

Y Combinator

SEPTEMBER 17, 2021

In 2014, YC had been funding startups for 9 years, but we’d mostly funded software companies. That they were able to build a completely different business so rapidly, outcompeting long standing incumbents, is a testament to the brilliance and agility of the Ginkgo team.

incumbents 112

incumbents sustainability founder financing 112

OurCrowd

AUGUST 14, 2019

Casper is a directto-consumer sleep brand that broke onto the scene in 2014 with a re-designed, high quality mattress that shipped directly to consumers’ doors.

sustainability 51

sustainability incumbents technology strategy 51

TechCrunch

JULY 25, 2021

Incumbent giants therefore could lose a sizable chunk of market share if a company could just manage to weave together China’s manufacturing proficiency and agility with the modern tech startup philosophy of “moving fast and breaking stuff.”. Tang would walk away with a few important lessons.

incumbents 129

incumbents networking entrepreneurs opportunity 129

Tomasz Tunguz

MAY 26, 2015

In 2014, 90% of the tech M&A transactions consummated by companies, and excluding private equity firms, in the US with disclosed deal values were cash deals. In 2014, companies spent $22.4B One company would buy another using its own shares, instead of paying for the target business in cash.

incumbents 40

incumbents startup capital founder 40

Tomasz Tunguz

JUNE 29, 2015

Second, that the total number of acquisitions in 2014 would achieve a 5 year high. Many technology incumbents possess substantial cash balances , which enable them to make substantial acquisitions. But M&A velocity has slowed in 2015 compared to 2014 - at least through the first quarter. Two key trends surfaced.

incumbents 40

incumbents startup enablement technology 40

TechCrunch

MAY 20, 2021

When Privacy.com was founded in 2014, the company’s focus was to let anyone generate virtual and disposable payment card numbers for free. We’ve heard from customers that Lithic can power a launch in the same amount of time it takes an incumbent issuer to return a phone call.”.

incumbents 97

incumbents strategy ventures development 97

This is going to be BIG.

MAY 13, 2019

Using the proliferation of newly GPS-enabled mobile devices to enable taxi hailing and beat out stagnant incumbent providers was always going to be a big win for consumers. It provided a better service than existing cabs were going to be able to do for at least several years—cutting out lots of unnecessary overhead in the system.

culture 290

culture incumbents enablement sustainability 290

Tomasz Tunguz

FEBRUARY 28, 2017

The median forward revenue multiple for SaaS business reached its peak in February 2014, fell to its nadir two years later, and has since recovered, hovering at around five times forward revenue – where it has remained with little variance over the last six months. In 2014, forward revenue multiples ranged from 1× to more than 20x.

SaaS 40

SaaS incumbents startup 40

Tomasz Tunguz

FEBRUARY 9, 2015

In fact, it’s twice as costly to operate a startup in 2014 as it was in 2009. In parallel, startups and incumbents vying for talent in the increasingly competitive job market have bid up the median wage of a San Francisco technology worker 15% each year, from about $90k to well over to $180k in 2014.

real estate 40

real estate startup incumbents ventures 40

TechCrunch

JUNE 8, 2022

Embedded finance — where financial services companies and others bring in different kinds of fintech technology by way of APIs to enhance their own offerings with more data and functionality — remains a growing opportunity, both to help fuel new business and to help incumbents get up to speed with their disruptors.

incumbents 87

incumbents financing finance technology 87

TechCrunch

APRIL 3, 2022

Founded in 2013 (or 2014 depending on the source), the Chicago-based company has raised over $82 million in funding over its lifetime from investors such as FinTech Collective and Oak HC/FT , according to Crunchbase. It also noted that Goldman’s intent to buy NextCapital “follows several moves by multiline incumbents (e.g.

startup 110

startup financing finance incumbents 110

TechCrunch

FEBRUARY 17, 2022

But China and the United States are far from the only technology markets with developed startup and incumbent cohorts, strong venture capital activity, and capital markets able to translate early-stage ideas into public companies. China issue.

venture capital 91

venture capital incumbents leadership SaaS 91

abovethecrowd.com

DECEMBER 18, 2017

From 2004 to 2014, the average payments for coinsurance rose 107% from $117 to $242. Coninsurance plans require the patient to pay a percentage (usually 10-30%) of the healthcare costs up to the deductible limit. Also like high deductibles, coinsurance usage in on the rise.

health 59

health hospitality networking mix-use 59

Tomasz Tunguz

JUNE 11, 2018

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. Microsoft/Github*. Salesforce/Mulesoft. SAP/Concur.

incumbents 49

incumbents innovation 49

Tomasz Tunguz

OCTOBER 16, 2016

Over the last few months we seen a reversion to the mean of about 5x forward revenues compared to recent highs of 7.7x (in early 2014) and lows of 3.2.

incumbents 40

incumbents SaaS capital investing 40

TechCrunch

SEPTEMBER 14, 2022

. “Nyshex was formed because [we] experienced firsthand the challenges associated with keeping track of contractual commitments, and [we] realized the incumbents could not solve these challenges.” ” Downes founded Nyshex in 2014 after serving as director of shipping giant Maersk’s supply chain and key accounts team.

incumbents 82

incumbents disruption capital support 82

TechCrunch

JULY 26, 2021

It was acquired by BBVA in 2014 for $117 million and shuttered earlier this year. When Shamir was building Simple, he could see how challenging it was for incumbents to provide the tools developers need to embed financial services, and this is why we have confidence in his ability to win.”.

development 103

development real estate incumbents ventures 103

Tomasz Tunguz

APRIL 18, 2015

In the Innovator’s Dilemma for SaaS Startups , I outlined the path of many software companies, which disrupt incumbents by first serving the small-to-medium business and then move up-market by transitioning to serve larger enterprises with outbound sales teams.

SaaS 55

SaaS innovation startup incumbents 55