Remove 2020 Remove incumbents Remove opportunity
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Parafin Transforming Delivery of Small Business Financial Services Closes $100M Series C

American Entrepreneurship

Founded in 2020 by Poddar and Vineet Goel, the startup has provided nearly $1 billion in annual funding for tens of thousands of small businesses in the U.S. The two co-founders leveraged their tech backgrounds to pursue an entrepreneurial opportunity. Incumbent methods systematically bias against women- and minority-owned businesses.

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The Complete Guide to SaaS Pricing Strategy

Tomasz Tunguz

Enables natural expansion : MongoDB and Ethereum, two database companies with nearly identical revenue trajectories through 2020, both employ usage-based models that have supported their explosive growth. Lubricates the conversion funnel : Prospects can sign up and grow their accounts seamlessly. What should my unit of pricing be?

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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.

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

TechCrunch

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.”. The China opportunity. The company aims to reach $1.2 billion this year.

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Restrictions on acquisitions would stifle the US startup ecosystem, not rein in big tech

TechCrunch

Silicon Valley Bank’s 2020 Global Startup Outlook puts it this way: “[T]he fact is most entrepreneurs never expect to reach a public market exit.” NVCA-Pitchbook data on acquisitions and IPOs back up the sentiment of founders when it comes to likely exit opportunities. Accordingly, 58% of startups expect to be acquired.

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Parafin Transforming Delivery of Small Business Financial Services Closes $100M Series C

American Entrepreneurship

Founded in 2020 by Poddar and Vineet Goel, the startup has provided nearly $1 billion in annual funding for tens of thousands of small businesses in the U.S. The two co-founders leveraged their tech backgrounds to pursue an entrepreneurial opportunity. Incumbent methods systematically bias against women- and minority-owned businesses.

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Pinduoduo and The Rise of Social E-Commerce

Y Combinator

The success of Pinduoduo in China suggests there is a huge opportunity for social commerce platforms to emerge in other regions. 3 In 2020, it is China’s second largest e-commerce platform on an active user basis only lagging behind Alibaba. But first, a bit of background. These numbers reveal a missing element in e-commerce.