Remove culture Remove incumbents Remove opportunity
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The Uber that Never Was

This is going to be BIG.

Using the proliferation of newly GPS-enabled mobile devices to enable taxi hailing and beat out stagnant incumbent providers was always going to be a big win for consumers. There’s no reason why a culture needs to fall apart at the seams in a hypergrowth startup.

culture 302
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Why We’re Looking to Fund Stuff With More Meaning

Both Sides of the Table

They point out perceived market risks, they might question the management team’s experience, they might worry about regulatory risk or incumbent competitive powers. I’m an equal opportunity funder but having a personal mission a few deals can be healthy, too. Startup Lessons'

funders 362
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How I Invest

Both Sides of the Table

I spend hours thinking about the products, competitors, market opportunities, recruiting and financing of these businesses. I have to believe the founder is cost-focused, mission-driven and aligned on cultural values to me, which mostly relates to integrity and how to treat other people. I feel personally committed and engaged.

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Opportunity Amid Volatility

Haystack

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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The VC tide has gone out. A real innovation wave is now arriving.

Founders Coop

LLMs are compute and energy hogs, and renting state of the art bundles of compute and energy by the millisecond is what tech incumbents do best. As the easy money dries up and the capex elephants dance, the real opportunity is snapping into view. So what’s a founder to do? No one really knows, and that’s what makes it interesting.

VC 143
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Data-driven iteration helped China’s Genki Forest become a $6B beverage giant in 5 years

TechCrunch

China’s e-commerce and industrial ecosystem is as different from the Western world as its culture. 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.”.

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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.