Tomasz Tunguz

FEBRUARY 19, 2019

Startups are innovation machines. Some companies want to change the world in one dimension: a better product or a disruptive go-to-market. Others want to innovate in every dimension and re-invent every discipline from pricing to marketing to support to customer success. We wanted to be innovative.

startup 104

startup incumbents disruption frameworks 104

TechCrunch

JANUARY 22, 2021

The key purpose of being end-to-end is to deliver an even better value proposition to consumers relative to incumbent alternatives. The end-to-end approach makes the most sense when disrupting very large markets. At their core, these companies are facilitators, matching consumer demand with existing supply of a product or service.

real estate 144

real estate incumbents health disruption 144

TechCrunch

AUGUST 11, 2021

We see an emphasis on young founders (“40 Under 40”), innovative ideas and disruptive challenges to legacy brands, incumbent companies and “old” ways of thinking. The technology industry is often thought of as being the domain of the young and the new.

incumbents 101

incumbents peer-to-peer strategy disruption 101

Both Sides of the Table

MARCH 25, 2016

Trying outrageous new things or even trying mundane things but in new ways but with extreme quality & innovation is what fuels the tech startup industry. dominated by a few very large incumbents who control much of the distribution or are you going into a market that is “fragmented” where nobody controls the industry.

incumbents 277

incumbents startup peer-to-peer incubation 277

American Entrepreneurship

SEPTEMBER 22, 2023

“Investors are putting a premium on growth in the context of profitability, and we’re growing exceptionally fast because we’re able to profitably serve customers who aren’t being well served by incumbents,” said Sean Harper, CEO of Kin.

financing 52

financing finance incumbents entrepreneurship 52

TechCrunch

MAY 25, 2022

. “The funding will be used to accelerate scaling of the engineering and business teams globally, and to continue investing in both hardware and software innovation,” founder and CEO Krishna Rangasayee told TechCrunch in an email interview.

startup 95

startup accelerator incumbents disruption 95

Revolution

JUNE 10, 2019

Yet, technology adoption within the real estate community as a means to fundamentally disrupt how physical assets behave and how transactions occur was lagging up until the last couple of years. it characterizes the space in which we live, the environment in which we work, and the places where we socialize.

hospitality 100

hospitality real estate peer-to-peer mix-use 100

TechCrunch

JULY 12, 2022

With a large population, Pakistan is geographically smaller, well-connected with fewer provinces, has lower regulatory barriers and doesn’t have strong incumbents,” Khurshid, who is originally from Pakistan, said via email. Catherine Shu reported on C2 Ventures ’ second $20 million fund targeting startups disrupting legacy industries.

venture capital 92

venture capital VC capital ventures 92

Both Sides of the Table

FEBRUARY 24, 2016

Fragmented markets can be a great target for disruption. They are the classic case of the Innovator’s Dilemma because they fundamentally can’t innovate on their product and can’t lower costs or their business craters. They have high-priced property and zero innovation. Public Storage does about $2.4

strategy 282

strategy peer-to-peer incumbents real estate 282

TechCrunch

AUGUST 4, 2022

In a nutshell, Geopagos feels it is in the ideal position of being able to serve as the software enabler that can retrofit incumbents like large banks and launch the enablers like fintechs. Geopagos, in Riverwood’s view, powers such innovation — in turn, helping its clients “drive digital inclusion in payments all across the region.”.

startup 84

startup incumbents financing finance 84

Tomasz Tunguz

JUNE 22, 2014

Jill LePore’s New Yorker polemic “ The Disruption Machine ” attempts to debunk the incredibly popular Innovator’s Dilemma, a theory written by HBS professor Clayton Christensen. The first challenge with both the Lindy Effect and the Innovator’s Dilemma is neither are predictive, as Taleb says above.

disruption 40

disruption incumbents frameworks innovation 40

TechCrunch

NOVEMBER 16, 2021

There is product and branding innovation here, too,” she added. It has been a fun opportunity to disrupt everything.”. Goodles is going after the two oldest incumbents in the space, Kraft and Annie’s, to provide a healthy alternative that tackles both better taste and nutrition.

incumbents 87

incumbents communities disruption innovation 87

TechCrunch

DECEMBER 14, 2022

With auto-scaling, “license optimization,” security and compliance, and monitoring and reporting features beyond what Microsoft offers natively, Vladimirskiy claims that Nerdio can deliver significant cost savings while “non-disruptively” layering on top of existing Azure Virtual Desktop deployments.

incumbents 90

incumbents disruption board enablement 90

TechCrunch

SEPTEMBER 7, 2021

” Going up against incumbents. Third-party providers, mostly fintechs, have tried to capture some market share from these incumbents. Wave, however , wants to disrupt it. Whereas the incumbents mostly focus on USSD (although there are provisions to use applications), Wave is solely app-based.

investing 124

investing investment incumbents networking 124

TechCrunch

MAY 16, 2022

Unfortunately this is all too common among the leadership of incumbent corporations. The lesson for innovators is that you can’t meditate your way to organizational change. When faced with confusing facts and suspicious clues, what did Yoda do? He retreated to his chambers to meditate, but he did not take action. Yes, Yoda got Kodaked.

strategy 65

strategy startup incumbents venture capital 65

Tomasz Tunguz

AUGUST 28, 2021

Sometimes, entering the market with a different pricing model disrupts incumbents. In chapter 4 of Monetizing Innovation, Madhavan prescribes the questions to ask, the kinds of customers to solicit, and the analyses to be done to drive to the right conclusion. Competition. Michelin developed a much more durable tires.

frameworks 108

frameworks strategy incumbents startup 108

Both Sides of the Table

SEPTEMBER 19, 2011

Innovator’s Dilemma – In his seminal book, “The Innovator’s Dilemma,&# Clay Christensen talks about why industry leaders almost always fail to act when “disruptive change&# enters their business. Incumbents can’t react. So why on Earth should Netflix split into two businesses?

incumbents 329

incumbents strategy innovation disruption 329

TechCrunch

JULY 7, 2021

But Simon argues that the companies that sell such cards were founded decades ago with very little innovation since. The space is one of those massive unsexy categories with huge incumbents that most people have never heard of but customers — who are forced to use them — universally despise.

founder 98

founder startup incumbents financing 98

TechCrunch

MAY 4, 2021

Their investors call them disruptive innovators. I believe survivors should have the right to gather information about their own bodies on their own terms, and entrepreneurs should have the right to try their hand at innovation,” Lin said. “In In my view, legislative efforts to ban the product have been excessively restrictive.

entrepreneurs 77

entrepreneurs health disruption incumbents 77

TechCrunch

NOVEMBER 19, 2021

“It’s the classic innovator’s dilemma.” This is a huge business, typified by incumbent behemoths like Lloyd’s of London, who in theory mitigate the risk insurance companies face when they get the formula wrong. “The industry hasn’t updated,” he said. That can be a truly life changing thing.”

incumbents 79

incumbents disruption capital technology 79

TechCrunch

JUNE 23, 2022

Fintech startups are convinced that banks have lobbied the RBI to reach this decision, employing the age-old tactic where incumbents cry foul and rely on the regulator to rescue the day. But until some change or clarity arrives, large disruptions are expected. Some banks have been employing the same strategy for like a decade!”

startup 97

startup incumbents disruption accelerator 97

Tomasz Tunguz

FEBRUARY 22, 2014

These near-instant feedback loops challenge incumbents to continue to earn the attention of their user bases with better products than rivals’ applications. As a result, Clay Christensen’s innovator’s dilemma surfaces not every decade, like the stories of steel mini-mills or hard drive makers, but every 18 months.

incumbents 40

incumbents disruption innovation accelerator 40

TechCrunch

JANUARY 29, 2021

In the United Kingdom and Europe, government innovation programs have helped entrepreneurs close higher numbers of Series A and B rounds. Since the pandemic disrupted the social rhythms of work and school, many of us have compensated by changing our relationship to digital media.

VC 107

VC founder media education 107

Tomasz Tunguz

DECEMBER 20, 2016

The first post sketched the idea and the second filled in the details of one theory on how startups will disrupt their incumbents, and particularly the dominant systems of record. The Next Big Shift In SaaS and Event Driven SaaS are two related posts. And that helps with matching price to the other 3 Ps of marketing.

SaaS 40

SaaS incumbents strategy disruption 40

Andreessen Horowitz

MARCH 28, 2024

For new entrants looking to take advantage of the advent of LLMs and disrupt the status quo by going upstream of these incumbents, we’ve done a deep dive into Bloomberg, Morningstar, and Verisk’s stories. In doing so, each built the beginnings of what are now category-defining businesses.

incumbents 123

incumbents disruption networking collaboration 123

Tomasz Tunguz

NOVEMBER 12, 2013

Third, the slide conveys the dynamics within the ecosystem: who is partnered with whom; which incumbents are looking to partner/acquire vs go it alone, etc. Another alternative is a pyramid which expresses a startups intent to disrupt a market by addressing a new segment, as in this example for Expensify.

pitching 45

pitching startup disruption incumbents 45

Unvalidated Learnings

SEPTEMBER 26, 2014

“Businesses that disrupt/create huge markets with a non-replicable product offering a must-have service , which gets better the more people use it.” Jean de la Rochebrochard ( @jlr ), a partner at TheFamily , recently published a very good piece on Medium titled “ Here’s my investment thesis. What’s yours? ”?—?below

investing 52

investing investment peer-to-peer disruption 52

OurCrowd

AUGUST 14, 2019

While incumbent competitor Mattress Firm began a process of consolidation and subsequently filed for bankruptcy in 2018, Casper announced it would be opening 200 retail locations across the US. This is an excerpt from OurCrowd’s Q2 Innovation Insider, download it here. About the Author.

sustainability 51

sustainability incumbents technology strategy 51

Both Sides of the Table

MAY 4, 2015

Try to imagine if you *didn’t* already know Amazon and the company walking into VC meetings telling people they were going to disrupt the selling of all goods starting with books but then extending into electronics, apparel, toys and so forth. Innovation. How valuable are these legacy businesses? And they have. ” Ha.

real estate 364

real estate startup disruption incumbents 364

Both Sides of the Table

MAY 17, 2017

I’ve been involved with several startups where a giant incumbent attacks you and tries to sue you out of existence. This Goliath imposed fight by ADT is particularly annoying for me because Ring is literally my family’s single favorite tech innovation of the past several years. The first instinct is fear, then dread, then panic.

funders 254

funders innovation disruption incumbents 254

TechCrunch

JANUARY 19, 2022

There are many ways of spinning up a startup, but it takes a particularly brave set of founders to take on a deeply entrenched industry with a small number of incumbents who have the market all sown up. Yes, innovations are happening, but core speaker technology rarely moves in a way that could be described as truly innovative.

startup 89

startup disruption innovation energy 89

Andreessen Horowitz

DECEMBER 13, 2023

The emergence of generative AI, cloud computing, and new spatial platforms is poised to disrupt 3D creation end-to-end. Of course, this vision came to reality through the games industry (which is often the tip of the spear for technological innovations). What is a Next Generation 3D Creation Engine?

incumbents 145

incumbents creativity development enablement 145

TechCrunch

JUNE 9, 2022

Larger banks and other financial service providers are getting a lot more serious when it comes to competing with upstarts that are disrupting their businesses with fresher approaches and newer technologies. We want to be closer to companies’ larger digital transformation programs.”

incumbents 78

incumbents leadership disruption strategy 78

Tomasz Tunguz

JUNE 9, 2016

Which are the ripest areas for startups to disrupt using machine learning? It’s not that we won’t see innovation in the consumer world. But to get there requires building an enormous customer base with a proprietary data set, that none of the incumbents can replicate or proxy.

disruption 40

disruption incumbents networking innovation 40

Both Sides of the Table

NOVEMBER 8, 2010

The formation of Hulu was defensive – designed to stop another YouTube or Napster from emerging and causing disruption to the TV industry. I have made many of my arguments in a blog post I wrote on The Innovator’s Dilemma , a concept that is critical for both innovators & incumbents to understand.

incumbents 292

incumbents innovation media disruption 292

Unvalidated Learnings

JUNE 8, 2017

As such, the history of the MP3 gives an excellent framework to anticipate how disruptive 10x innovations impact a market, and who the winners and losers of such breakthroughs will be. The MP3 is a perfect case study of Innovator’s Dilemma. incumbents simply did not have the right teams to adapt to the changing environment.

incumbents 40

incumbents disruption frameworks innovation 40

TechCrunch

MARCH 18, 2022

But ClearBank’s existence underscores one of the untold truths amid all of that innovation: many of these new services have been built on top of legacy infrastructure. faster than those incumbents, and continue to expand it to more services in its home market, as well as take them abroad.

incumbents 79

incumbents enablement disruption innovation 79