Remove 2016 Remove incumbents Remove innovation
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The Top 6 Posts of 2016

Tomasz Tunguz

2016 was a year of change for SaaS, and most of the story was the public market. The Hottest Startup Sectors In 2016 - published on January 3rd, this post reviewed the patterns of investment in startups, and in particular, the sectors where investors were increasing their investment the fastest. The end of the year is fast approaching.

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Data-driven iteration helped China’s Genki Forest become a $6B beverage giant in 5 years

TechCrunch

Hundreds of startups dot the landscape, and the amount of money being raised and spent on innovating around the country’s industrial heft is mind-boggling. 2014 might have been the last year it was economically feasible to start such a business due to the soaring cost of acquiring customers and the strength of incumbents,” he said.

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Spend management platform Teampay expands partnership with Mastercard, raises $47M

TechCrunch

In 2016, Andrew Hoag, formerly a senior manager at Verisign and a web project lead at NASA’s Ames Research Center, founded Teampay , a platform that attempts to automate the software purchasing process for companies.

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Equal access to capital and entrepreneurship is the final civil rights movement

TechCrunch

As a nation we know the benefits of encouraging entrepreneurship across backgrounds: Entrepreneurs create jobs, spark innovation and allow us to maintain our position as the most competitive nation on the planet. By 2016, without capital, I had bootstrapped the company to eight digits in revenue.

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YC W22 batch nets 24 African startups, including 18 from Nigeria

TechCrunch

Quick thoughts : Innovation in Africa’s B2B e-commerce and retail space has been around the digitization of processes and BNPL services, but not much around cash overdependence and fraud. The only worry is incumbents might want to eat into Duplo’s meal — but then again, the market is massive. Founded in: 2016.

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MakeSpace Raises an Additional $17.5 million and Unveils Strategy to Make Public Storage the Next Blockbuster Video

Both Sides of the Table

million in funding on TechCrunch led by Harmony Partners and Upfront Ventures to double its footprint of 3 cities (New York, Chicago & Washington DC) to 6 in 2016. They have high-priced property and zero innovation. It’s no wonder incumbents don’t want us to exist. The Early Years.

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How to Decrease the Odds That Your Startup Fails

Both Sides of the Table

Trying outrageous new things or even trying mundane things but in new ways but with extreme quality & innovation is what fuels the tech startup industry. dominated by a few very large incumbents who control much of the distribution or are you going into a market that is “fragmented” where nobody controls the industry.