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

Both Sides of the Table

Incumbents became increasingly annoyed with our successes in the country’s largest market – NYC – that they started even taking out ads against us. It’s no wonder incumbents don’t want us to exist. Fragmented markets can be a great target for disruption. Public Storage does about $2.4 Little old us.

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Q3 outlook forecasts cloudy days ahead for fintech M&A

TechCrunch

For years, the real estate technology company has touted itself as using its pricing technology to provide “more accurate offers and lower costs,” said the FTC. Mudafy raises $10M in Founders Fund–led Series A to fix LatAm’s “broken” real estate process. from the previous quarter” to $24.1 And elsewhere.

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Fintech Roundup: Will financial technology startups dodge the venture slowdown?

TechCrunch

Startups like these are keeping the incumbents (relatively speaking) on their toes. And that’s been happening pretty clearly… Now, with that said, I think that there’s still a lot of appetite [for fintech] across the board. And instead of eight term sheets, you’re going to get two. Well, that’s it for this week!

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Polly snags $37M in Menlo-led Series B to automate workflows for mortgage lenders

TechCrunch

Menlo Ventures partner Tyler Sosin, who is joining Polly’s board of directors as part of the financing, believes the startup is “taking on a sector held back by sclerotic incumbents with dated, disconnected and dragging solutions” and “driving transformation and winning customers at an impressive rate.”.

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In its first funding in 7 years, profitable fintech Lower raises $100M Series A led by Accel

TechCrunch

“We were immediately intrigued because Ohio-based Lower echoes both of these themes,” said Accel partner John Locke, who led the firm’s investment in Lower and is taking a seat on the company’s board as part of the investment. Like Galileo, Lower will be one of the most successful bootstrapped fintech companies globally.

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Be Careful Not to Lose Twice

Both Sides of the Table

This is especially true because incumbents now know how much is at stake when they let a startup get a huge head start in a market. There are times to fight. No great startup has been built without getting one’s knuckles bloody at times. Back when I ran my first company I fought a lot.