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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. Incumbents became increasingly annoyed with our successes in the country’s largest market – NYC – that they started even taking out ads against us.

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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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Indonesian fintech startup Ayoconnect raises $13m more in Series B funding

AsiaTechDaily

Founded in 2016, Ayoconnect is Southeast Asia’s largest Open Finance API platform. Ayoconnect’s vision is to drive financial inclusion for Indonesian consumers and SMEs working in conjunction with regulators and incumbent banks to facilitate this.

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How to Decrease the Odds That Your Startup Fails

Both Sides of the Table

So when Sam Rosen came to me with the idea of disrupting storage with a product that is priced cheaper than existing incumbents and he could build a product that is a better service I was intrigued. You can enter either but your strategy must be very different and I can tell you that fragmented markets are easier to disrupt.

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Go-to-Market Tactics for Category-Defining Startups

Entrepreneur's Handbook

You are ready to launch and thinking about the right go-to-market strategies that will lead to quick and scalable growth ? —?a Devising an effective go-to-market strategy requires thinking beyond traditional approaches towards growth, which are often not optimal for category-defining startups.

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Novo, the SMB neobank, nabs $90M at a $700M valuation

TechCrunch

But Novo sees incumbents as the real “challenger” here. Rangel added that its choice to build was partly done out of necessity, since in 2016 there weren’t many banking-as-a-service platforms to provide those APIs. “We are competing against big banks. Kulkarni is joining Novo’s board with this round.

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The Quirky M&A Environment for SaaS Companies in 2016

Tomasz Tunguz

Through the end of July in 2016, $70B worth of SaaS companies sold. This new behavior is a shift in strategy for private equity firms. In 2016, these PE firms aren’t following that playbook. Their size follows a power law with LinkedIn at $26B and Netsuite at $9.3B. But it’s not happening yet.

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