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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.

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Document onboarding startup Flatfile nabs $50M from investors, including Workday

TechCrunch

With customers like ClickUp, Square, AstraZeneca and Spotify, the startup is gearing up for its next growth phase, closing a $50 million Series B round that brings Flatfile’s total to $94.7 ” Document onboarding startup Flatfile nabs $50M from investors, including Workday by Kyle Wiggers originally published on TechCrunch.

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Usage as the Moat in AI

Tomasz Tunguz

As generative AI captivates Startupland, startups will do what they have always done: integrate new technology to build transformative businesses. Incumbents have seized the moment with Microsoft, Adobe, & others integrating generative AI into their products quickest. What are these moats? What are these moats?

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These Y Combinator-backed startups are trying to build ‘ChatGPT for X’

TechCrunch

That’s the vibe one gets from Y Combinator’s Winter 2023 batch, which features no fewer than four startups that claim to be building a “ChatGPT for X.” The first ChatGPT-inflected startup that caught our eye was Yuma , whose customer demographic is primarily — but not exclusively — Shopify merchants.

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India’s central bank cracks down on fintech startups

TechCrunch

For nearly all fintech startups, lending has long been the end game. Several startups including Slice, Jupiter, Uni and KreditBee have long used the PPI licenses to issue cards and then equip them with credit lines. A notice from India’s central bank this week has thrown a wrench into the ecosystem, scrutinizing just who all can lend.

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Textio’s Founder Kieran Snyder on the Two Advantages Startups Have in AI (While Remaining Skeptical Of The Funding Gold Rush)

Hunter Walk

Hunter Walk: Textio , the startup you founded and CEO’ed until a few months ago, is almost 10 years old. I was publishing quite a bit of original research about bias in workplace documents like performance reviews and job posts, a bunch of it went viral, and I got to know a lot of people who eventually became Textio customers.

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Putting Data in a Corner: LLMs and Financial Services Data

Andreessen Horowitz

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. Lessons for Startups Bloomberg’s initial insight was to corner hard-to-access data and give it to customers in a usable format.