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My First 16: Competing in a Crowd of Incumbents with Mercury’s Immad Akhund

Andreessen Horowitz

ABOUT MY FIRST 16 Our new video podcast series My First 16 features interviews with founders and CEOs of fintech companies about how they acquired their initial customers and the hard lessons they learned along the way. All of these tools that were useful as startups for running your business had improved a lot.

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Israeli fintech Personetics raises $85M for tools to help incumbents personalize banking services to compete with neobanks

TechCrunch

Today a startup that is building tools to help incumbent address this challenge is announcing a round of funding on the back of a lot of demand for its services. “T hey are seeing the impact of the alternatives,” he said, with the migration away from the incumbents happening gradually. That’s a common thing.”

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6 VCs explain why embedded insurance isn’t the only hot opportunity in insurtech

TechCrunch

If you think embedded insurance is the only hot thing in insurtech these days, we’ve got a surprise in store for you: While it’s true that startups that help sell insurance together with other products and services are enjoying tailwinds, there are plenty of other opportunities in the space, several investors told TechCrunch+.

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Opportunity Amid Volatility

Haystack

Much of this can trickle down into the startup ecosystem. On top of this, the cost of bringing projects online has fallen, it’s become more fashionable to play the startup game, and so forth. Speaking of acquisitions — many leaders of larger VC funds have privately given up on the incumbents buying their companies.

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How To End Your Pitch with Your Vision

Dream It

But founders are often so consumed with talking metrics, milestones achieved, or the capital they need that they sometimes forget to talk about their overarching vision for their startups. As all investors know from the case of Uber, you cannot size a market based on an incumbent. It’s not about the slide deck.

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Booz Allen Hamilton launches $100M corporate venture arm focused on early-stage startups

TechCrunch

The move signals Booz Allen’s desire to shape startups in areas it considers aligned with its core business, mainly AI and machine learning, defense, and cybersecurity. “Our Tech Scouting program gives us unique insight about where opportunities for hyper-growth exist. In the U.S.,

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9 ways founders can bring automation to healthcare

TechCrunch

Vignesh Chandramouli , a partner at Oak HC/FT, focuses on growth equity and early-stage venture opportunities in healthcare. As incumbent banks embraced startups, investors leaned into novel ways to reduce friction and improve accuracy, increasing annual mortgage origination by nearly 40% compared to the last decade.