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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 love businesses that aim to massively reduce the costs of products or services in a way that makes a product or service vastly more accessibility and in which incumbents would have a hard time competing.

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Revolution co-founder talks Living Social, ZipCar, Steve Case & GroupOn Super Bowl Ads

Both Sides of the Table

We look at huge markets where there are large incumbents that might not be incented to innovate or react to what they perceive as an insurgent. That’s why Revolution was so supportive of Revolution Money, which sought to break up the troika that controls consumer finance. I run Revolution’s VC investments.

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Zen Educate, a marketplace that matches schools with teachers, raises $21M to fuel U.S. expansion

TechCrunch

Zen Educate , an online marketplace that algorithmically matches schools with the best available teachers, has raised £19.3 Founded out of London in 2017, Zen Educate is setting out to supplant the traditional approach to recruiting teachers, a system that typically involves third-party agencies and hefty fees. Show me the money.

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After raising $10M, Breeze breathes fresh air into a stagnant disability insurance market

TechCrunch

Breeze is reimagining these products to make them more affordable — a policy for several thousand dollars costs, on average, around $20 a month — and to provide consumer education so that purchasing this type of insurance is less intimidating, he added. “We

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Jambo raises $7.5M from Coinbase, Alameda Research to build “web3 super app” of Africa

TechCrunch

Many web2 incumbents or even web3 are having a $100-200 user acquisition costs so we can lower that by order of magnitude by directly incentivizing the end-user.”. Education is at the core of what we do because I think there is no shortcut in Africa. The last bit is play-to-earn games. Nigeria-based Nestcoin , for instance, raised $6.4

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With $67M in new capital, NorthOne is doubling down on SMBs as some fintech companies pull back

TechCrunch

A flurry of fintechs emerged in hope of meeting that demand while incumbent banks clamored to step up their own digital games. COVID, despite all the terrible parts, pushed the education around digital banking — at least in our part of the world,” said CEO Bensoussan. The financing brings NorthOne’s fundraising total to $90.3

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Spend management platform Teampay expands partnership with Mastercard, raises $47M

TechCrunch

Today, Teampay has hundreds of customers and significant venture capital financing behind it. “Enterprises crave control and visibility over the finances, and this not only helps the IT department, but [also] enables all departments to make better aligned business decisions,” he added. It seems that his thesis was correct.