article thumbnail

BarbAIrians at the Gate: The Financial Opportunity of AI

Andreessen Horowitz

TABLE OF CONTENTS Bits v atoms It’s important to recognize that while the impact that generative AI can have on “bits” is substantial—since generative AI can “manipulate” those bits very easily—we’re probably too early to see a massive opportunity in “atoms” businesses. As technology continues to improve, the answer is an unequivocal “yes.”

article thumbnail

My First 16: Competing in a Crowd of Incumbents with Mercury’s Immad Akhund

Andreessen Horowitz

In this episode, a16z partner Seema Amble talks with co-founder and CEO of Mercury Immad Akhund about the idea of a minimum delightful product in fintech, doing the spreadsheet math on unit economics early on, and how to compete in a category already filled with incumbents. And does anyone care? So there’s a bunch of factors.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Opportunity Amid Volatility

Haystack

Maybe it will be 2019, or 2020 — or even 2021. They’ll have to back up the truck for their best companies, take acquisitions off the table, and go right after the incumbents head-on. Speaking of acquisitions — many leaders of larger VC funds have privately given up on the incumbents buying their companies.

article thumbnail

FintechOS nabs $60M for a low-code approach to modernizing legacy banking and insurance services

TechCrunch

“Challenger” startups in banking and insurance have upended their industries, and picked up significant business, by building more customer-friendly tools and services — more personalized, easier to access and usually competitively priced — than those typically provided by their bigger, incumbent rivals.

article thumbnail

To reach fintech’s next level, infrastructure providers must address these pain points

TechCrunch

And even though investment activity decreased this year, it still remains well above where it was in 2019 and 2020. Infrastructure providers have a unique opportunity to be a bright spot amidst all the doom and gloom.

article thumbnail

Monzo Makes Money Work For Everyone

Y Combinator

2 Incumbent banks miss the mark in two crucial areas: The banking experience has not evolved to match modern consumer. In this post, we will walk through what drove Monzo’s early success, how it has come to dominate the UK market, and the company’s opportunity to change the landscape of global financial services with its beloved brand.

article thumbnail

Beyond cost control: Where cloud management is going next

TechCrunch

“We continue to see tremendous opportunity in the cloud management space given how early we are in the cloud adoption journey,” Battery Ventures venture investor Danel Dayan said. There are also reasons to think that we haven’t seen all of it yet. So what might be next? Let’s dive in.