Remove capital Remove communities Remove culture Remove incumbents
article thumbnail

Monzo Makes Money Work For Everyone

Y Combinator

Monzo’s culture of customer obsession allowed it to use the crisis to thoughtfully build a beloved consumer and SMB product that has changed personal finance in the UK. 2 Incumbent banks miss the mark in two crucial areas: The banking experience has not evolved to match modern consumer. This did not happen by magic. expectations.

article thumbnail

Immi takes in $3.8M to cook up plant-based instant ramen

TechCrunch

“My dad still eats instant ramen each night, and it is such a massive market: 4 billion packets are sold per year, but it is also a product that has been dominated by the same three incumbents for years.”. The company has amassed a community of 4,000 members that help Immi with rapid taste testing. “We billion of value in the U.S.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Cultivating a Practice of Diversity, Equity, and Inclusion in Ecosystem Building Programs

Ecosystem Builder Hub

Cultivating a culture and practice of diversity, equity, and inclusion (DEI) has become a core principle for entrepreneurial ecosystem builders. It is incumbent upon those of us working to build vibrant entrepreneurial ecosystems to put inclusion front and center, at the heart of everything we do. It’s not an afterthought.

article thumbnail

Monzo Makes Money Work For Everyone

Y Combinator

Monzo’s culture of customer obsession allowed it to use the crisis to thoughtfully build a beloved consumer and SMB product that has changed personal finance in the UK. 2 Incumbent banks miss the mark in two crucial areas: The banking experience has not evolved to match modern consumer expectations. This did not happen by magic.

article thumbnail

TechCrunch podcasts this week: Layoffs, the crypto downturn, investor offense and Columbus, Ohio

TechCrunch

We’re also building a growing stable of podcasts focused on the most critical topics relating to the startup and venture capital worlds. Finally, there’s Equity , TechCrunch’s long-running, Webby-award-winning podcast focused on venture capital and the latest startup news, hosted by Natasha , Mary Ann and Alex.

article thumbnail

Quickly Unpacking Microsoft’s Acquisition Of GitHub

Haystack

Not yet profitable but invaluable to developers worldwide, the decade-old company bootstrapped, differentiated from formidable competitors GitLab and Atlassian’s BitBucket, weathered leadership upheavals, and eventually ingested lots of venture capital which helped them weather the challenges they faced.

article thumbnail

So much fintech M&A

TechCrunch

” And this line was the classic motivation for all incumbents buying fintechs: “Why not just bring it in to our platform and get it to customers as quickly as possible?”. He told me: “The question I have is who will capitalize on this bear market to scoop up valuable technology or talent. billion, had cut 10% of its staff.