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What To Do When Your Competitor Gets Funded?

Both Sides of the Table

We will have two well-funded companies educating the market on why this market opportunity for the $24 billion US storage market is ripe for disruption. And our competitors are not really each other but the incumbent businesses that have 99.9% ” In summary: The competitors are the incumbents.

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The Future of Corporate Venture Capital

500

Conventional wisdom dictated that incumbents should focus their innovation efforts on R&D and growing their cash cows while investing in a few startups. In the decade since the Great Recession, we have seen digital upstarts – taking advantage of disruptive technologies from AI to IoT – reshape the economy and the corporate pecking order.

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Why I Backed a 24-Year-Old Trying to Assess Human Potential

Both Sides of the Table

Incumbents launch products, VCs throw cash at other competitors, team members quit, the economy dips — whatever. We educate and train and test for a set of skills designed to succeed in 1950. But only truly talented entrepreneurs show the grit required to respond rapidly to a changing environment.

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Why We’re Looking to Fund Stuff With More Meaning

Both Sides of the Table

Online education. 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 know – I was there when the first people debating funding it at less than a $5m valuation. Almost nobody believed and now look at it.

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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. While I think that has taken place in the past, I think LivingSocial is doing a great job educating merchants on the nature of these deals, what they can do differently, and what to expect.

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Why Taking a Customer-Centric Approach Significantly Reduces Risks and Increases Your Chance of Success

StartupNation

The odds are against entrepreneurs: the average college graduate spent 16 years of education (12 years in primary school and four years in university) to get to the point where they have access to jobs that have a small chance of providing financial freedom and the ability to make an impact with their time on this Earth. Approximately 34.5%

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Virtual social network IMVU raises $35M from China’s NetEase and others

TechCrunch

The line between social networking and gaming is increasingly blurring , and internet incumbents are taking notice. Founded in 2005, NetEase is now known for its news portal, music streaming app, education products and video games that compete with those of Tencent. We have many shared business philosophies and complementary know-how.