Entrepreneurs' Organization

OCTOBER 30, 2018

In 2015, one of the largest healthcare intermediaries in the country presented us these challenges. Incumbent human processes were cumbersome, laborious, costly, slow and demoralizing. Ordering is decentralized, based on personal preferences in both products and vendors, and at variable prices without strong ties to clinical outcomes.

innovation 152

innovation hospitality incumbents technology 152

TechCrunch

JUNE 30, 2021

And it’s because the incumbents have no reason to fundamentally change.”. billion in 2015. “We For example, it won’t do any refinancing for existing homeowners but focus strictly on helping buyers secure new mortgage loans. While it’s early days yet, only time will tell if Tomo can live up to its lofty goals.

real estate 98

real estate incumbents strategy financing 98

TechCrunch

DECEMBER 15, 2021

We profiled Rebag back in 2015, when its name included two “g’s,” (gotta love URL availability) and had raised $4 million in seed funding to go after incumbents like The RealReal.

peer-to-peer 97

peer-to-peer capital innovation incumbents 97

TechCrunch

SEPTEMBER 7, 2022

Meanwhile, Imperfect Foods, founded in 2015 to rescue and redistribute goods, brought in a total of $229 million, including a $110 million Series D round last year. When we are profitable, we will be able to take on all of these massive incumbents.”. That would be the next immediate step for us,” he said.

incumbents 75

incumbents leadership culture VC 75

TechCrunch

DECEMBER 7, 2021

We profiled the company back in 2015 when it raised $1.7 To have a shot at dominating the market, we have to allow consumers to make the transition and have a 1:1 ratio so we can have the biggest shot at giving the incumbents a run for their money.”. The latest investment brings EVERY’s total funding to $233 million. in October. “You

incumbents 99

incumbents enablement technology capital 99

Tomasz Tunguz

JANUARY 17, 2019

In 2015, I wrote about the trade-off facing vertical SaaS companies. Finding scant market demand from the incumbents whose owners prefer status quo, these startups start their own agency. Vertical SaaS companies focus their efforts on a particular group of customers. Both of those businesses are now worth more than $3B.

SaaS 79

SaaS incumbents startup construction 79

TechCrunch

FEBRUARY 22, 2021

Noteworthy, Gophr’s co-founder and CEO, Seb Robert, tells me the 2015-founded company reached monthly net profitability around 3 years ago and was net profitable for the whole of last year. I don’t see how the incumbent U.K. Meanwhile, Robert is not phased by last week’s Uber ruling that saw U.K.

incumbents 89

incumbents VC enablement sustainability 89

TechCrunch

JUNE 6, 2022

And a number of smaller players including Signavio , Intellibot , and Servicetrace were snatched up by incumbent tech firms. “Before Magical, I founded a company called Careerify , an HR tech startup that was acquired by LinkedIn in 2015.

incumbents 84

incumbents support enablement collaboration 84

TechCrunch

NOVEMBER 11, 2021

With the global insurtech market worth over $5 trillion, there are different opportunities to be tapped despite the presence of large incumbents. In Africa, one startup is carving a niche for itself. By way of using APIs, Root is helping businesses and developers launch insurance products faster than the traditional way.

incumbents 86

incumbents innovation development venture capital 86

propel(x)

FEBRUARY 4, 2022

Due diligence on a startup can be divided into the following two components: Industry due diligence , which refers to the big picture and involves understanding the industry, who are the incumbent players in the market, who are the competitors, what competitive advantage the startup has, what their chances of success might be, and similar research.

investing 91

investing investment angel investing startup 91

TechCrunch

FEBRUARY 4, 2021

So after selling Easy Credit, a consumer lending platform he’d built with Rick Rafael Bueno (whom he met in 2015 at a hackathon at Tech de Monterrey), Amozurrutia set out to give Mexicans access to something he believed they’d never had access to: an app-based consumer trading platform.

investing 91

investing investment education incumbents 91

TechCrunch

AUGUST 29, 2022

In 2015, the emergence of fintechs such as Flutterwave and Paystack changed the game for online businesses in Africa by making it easier to integrate payments into customer interfaces without building those features from the ground up or merging with tacky foreign software.

startup 93

startup incumbents financing finance 93

TechCrunch

JANUARY 22, 2023

Snafus can happen even when incumbents and fintechs partner. The relationship between incumbents and upstarts has long been a complicated one. When we started out in 2015, we were primarily providing back office payment infrastructure for banks and needed an apt team, hence the name TeamApt.

incumbents 105

incumbents media ventures financing 105

TechCrunch

JANUARY 15, 2023

A lot has changed in the markets since then, so this feels like a good outcome for the startup, which was founded by Paul Sawaya and Roger Lee in 2015. ” And this line was the classic motivation for all incumbents buying fintechs: “Why not just bring it in to our platform and get it to customers as quickly as possible?”.

incumbents 117

incumbents energy board investing 117

Tomasz Tunguz

JUNE 29, 2015

As of mid-2015, the first trend continues while the second seems to have faltered. 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

FEBRUARY 11, 2021

million since its 2015 inception. The big incumbents haven’t figured out how to make plans affordable and accessible for smaller companies,” Schneble said. “We With this latest extension, Human Interest has now raised a total of $136.7 Human Interest’s growth has been impressive.

financing 88

financing finance incumbents capital 88

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

Tomasz Tunguz

JUNE 20, 2016

In 2014, that figure fell to 1186 and in 2015, we count 481. Subverting those incumbents is going to require a meaningfully better product or substantially more effective customer acquisition channel. Seed round volumes in 2016 have halved compared to 2015, but increased in median size by 40%. Chat bots, too, are early.

SaaS 40

SaaS incumbents venture capital ventures 40

Haystack

MAY 4, 2019

For me, as a seed investor, I started to feel this struggle back in 2015. Until then, the overwhelming majority of Haystack investments were in the Bay Area.

incumbents 87

incumbents culture transportation investing 87

TechCrunch

NOVEMBER 16, 2020

In 2015, the State of Georgia’s Code Revision Committee sued Public.Resource.org, a non-profit that shares public domain materials, to stop it from publishing the Official Code of Georgia Annotated (OCGA), a compilation of all laws in the state. Public.Resource.org , which stemmed from another case involving copyright and the law.

startup 104

startup collaboration incumbents innovation 104

Tomasz Tunguz

JANUARY 14, 2016

2015 is the end of an era, the era of startup growth at any cost. Inexpensive equity dollars enable capital-intensive companies to amass the warchest necessary to dethrone incumbents. In 2016, the question that will immediately follow, “What is your annual growth rate?” ” will be “What are your unit economics?”

real estate 40

real estate startup incumbents sustainability 40

Y Combinator

MAY 6, 2020

When Pinduoduo launched in 2015, there was little room for a new commerce platform in China. This was strategic for two reasons: 1) incumbents were focused on non-perishable items, so competition was limited and 2) fruits and vegetables are lower order value, high frequency goods, which means users had a reason to use Pinduoduo regularly.

accelerator 134

accelerator networking enablement opportunity 134

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.”. Indeed, 2015 was the year when CACs began to exceed or at least rival ARPUs for Alibaba and JD.com.

incumbents 129

incumbents networking entrepreneurs opportunity 129

OurCrowd

AUGUST 14, 2019

Macy’s, its better-faring competitor, is moving away from physical storefronts, cutting its square footage by 13% between 2015 and 2018. While incumbent competitor Mattress Firm began a process of consolidation and subsequently filed for bankruptcy in 2018, Casper announced it would be opening 200 retail locations across the US.

sustainability 51

sustainability incumbents technology strategy 51

WSJ - The Accelerators

JULY 2, 2015

For instance, in first quarter 2015, 55% of all American venture rounds were either seed or Series A, split almost evenly, while 19% of all rounds were Series B (the third round of financing), according to data from CB Insights. Remember the “buy low, sell high” advice they were supposed to teach you in business school?

ventures 28

ventures incumbents venture capital financing 28

Y Combinator

DECEMBER 8, 2021

When Monzo launched in 2015, the big six banks in the UK had more than 85% market share. 2 Incumbent banks miss the mark in two crucial areas: The banking experience has not evolved to match modern consumer. Outperforming incumbents with modern experience and digital infrastructure. expectations. Their profit models.

peer-to-peer 101

peer-to-peer incumbents financing finance 101

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

TechCrunch

SEPTEMBER 6, 2022

Founded initially back in 2015, Santa Barbara, California-based Bitwarden operates in a space that includes well-known incumbents such as 1Password, which recently hit a $6.8

incumbents 99

incumbents VC investing investment 99

Tomasz Tunguz

FEBRUARY 28, 2017

Starting in the beginning of 2015 however there is been a marked compression. Especially since the basket of public SaaS companies is now dominated by older incumbents, whose growth rates are substantially smaller than this generation of growth stage disruptors. And the whiskers extended at least to 15x.

SaaS 40

SaaS incumbents startup 40

Y Combinator

DECEMBER 8, 2021

When Monzo launched in 2015, the big six banks in the UK had more than 85% market share. 2 Incumbent banks miss the mark in two crucial areas: The banking experience has not evolved to match modern consumer expectations. In comparison, most incumbents were pushing updates on a quarterly or annual basis.

peer-to-peer 40

peer-to-peer incumbents financing finance 40

Tomasz Tunguz

FEBRUARY 9, 2015

Given the market rate for office space and annual salaries, hypothetical 20 person Series A startup will spend about $200k per year per employee in 2015. Typically businesses allocate about 150 square feet of office space per employee.

real estate 40

real estate startup incumbents ventures 40

Tomasz Tunguz

JULY 28, 2016

In 2015, our internal analysis showed private SaaS companies commanded twice the valuation-to-multiple revenue of the public markets. Large incumbent technology companies including Oracle, Salesforce, Microsoft are buying large public companies with dominant market share to bolster their current businesses and expand to new markets.

SaaS 40

SaaS peer-to-peer incumbents strategy 40

TechCrunch

DECEMBER 6, 2022

But that hasn’t stopped new ventures from cropping up to challenge the incumbents. ” Co-founded in 2015 by Terje Strand, Ryley MacKenzie and Brian Baird, with Anderson coming onboard in 2020, Expeto doesn’t sell cell service.

networking 88

networking startup incumbents energy 88

TechCrunch

MARCH 18, 2022

faster than those incumbents, and continue to expand it to more services in its home market, as well as take them abroad. The company has raised £175 million ($230 million at today’s conversion rates), from a single investor, the PE firm Apax Partners. ClearBank describes itself as the first clearing bank to have launched in the U.K.

incumbents 79

incumbents enablement disruption innovation 79

TechCrunch

APRIL 8, 2021

Paymob was founded in 2015 by Alain El Hajj, Islam Shawky, and Mostafa El Menessy. The Egyptian fintech ecosystem also got a major boost when incumbent fintech Fawry became a publicly-traded unicorn for the first time.

incumbents 98

incumbents startup ecosystem financing finance 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

Haystack

JULY 20, 2018

More recently, this trend has shifted a bit within the Bay Area, which today’s giants like Uber, Airbnb, and Stripe being built in San Francisco proper while incumbents down south have begun scooping up premium commercial real estate in the city. Over the past two years, however, I’ve felt that something is out of balance.

investing 116

investing investment venture capital peer-to-peer 116