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Why your company requires both brains and brawn to succeed

Entrepreneurs' Organization

He’s also a Silicon Valley venture capitalist, sits on the boards of several startups, is a many-time entrepreneur himself, and was previously an exec at GE and Intel. Contributed to EO by Robert Siegel, who teaches two of the most popular courses at Stanford Graduate School of Business.

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Usage as the Moat in AI

Tomasz Tunguz

Incumbents have seized the moment with Microsoft, Adobe, & others integrating generative AI into their products quickest. My marketing professor in grad school wrote an equation on the board the first day of class : Innovation = Innovation + Distribution. In response, startups must develop moats to stake out their market.

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End-to-end operators are the next generation of consumer business

TechCrunch

How to communicate with your board in tough times. The key purpose of being end-to-end is to deliver an even better value proposition to consumers relative to incumbent alternatives. Incumbents in these industries are very large and entrenched, but they are legacy players, making them slow to adopt new technology. Contributor.

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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. Outperforming incumbents with modern experience and digital infrastructure. Monzo has also been able to move faster than incumbents because of its forward-looking approach to building banking infrastructure.

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How to Think of R&D Spend

Andreessen Horowitz

In board meetings, we scrutinize the efficiency of sales and marketing (S&M) spend, costs of goods sold (COGS), and general and administrative costs (G&A). At the board level, it can be helpful to discuss the thinking behind your priorities as well as your expectations for the returns on your R&D spend.

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B2FI: Demystifying Software Sales Into Financial Institutions

Andreessen Horowitz

Meanwhile, FI senior leaders and board members are intrigued by new products like Microsoft 365 Copilot and how generative AI can automate their internal workflows (and improve their bottom lines). Taken as a whole, FIs are at an especially receptive time for greater software adoption.

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Mambu raises $135M at a $2B+ valuation for a SaaS platform that powers banking services

TechCrunch

It will be interesting to see how newer entrants in the SaaS banking-platform space disrupt what are, effectively, becoming incumbents in their own right: Mambu is now approaching 10 years old (it was founded in 2011). That could lead to consolidation, too. Thought Machine nabs $83M for a cloud-based platform that powers banking services.

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