Tomasz Tunguz

APRIL 6, 2022

As I’ve explored web3 I’ve been forming a mental model of the major innovations powering this enormous wave of innovation. At the moment, I see four clusters: A permanent ownership record that exists beyond and outside a company. The photos I take, the movies I buy, the music I rent, the emails I write and receive, the messages I send - all of these are captive. They exist within a database controlled by Google, Netflix, Spotify, Gmail, WhatsApp.

incumbents 78

incumbents innovation networking enablement 78

TechCrunch

JUNE 23, 2022

For years, the prevailing narrative for innovation in supply chain has focused on the disruptors: Upstarts that enter the industry with new technologies and business models to displace incumbents. Enablers take on the unglamorous role of helping incumbents stay relevant. Steve Sloane.

incumbents 79

incumbents enablement disruption innovation 79

TechCrunch

JANUARY 19, 2022

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. It will be interesting to see how and if Personetics over time works with more neobanks, alongside the incumbents.

incumbents 93

incumbents SaaS advice accelerator 93

Jason Calacanis

AUGUST 24, 2021

The post Seizing Opportunity When Incumbents Play It Safe | E1270 appeared first on Jason Calacanis.

incumbents 87

incumbents opportunity disruption 87

Entrepreneur's Handbook

APRIL 11, 2022

Even when startups get big, it doesn’t mean they’re safe from their competition. Continue reading on Entrepreneur's Handbook ». entrepreneurship business founder-stories entrepreneur startup

incumbents 52

incumbents strategy founder startup 52

TechCrunch

JUNE 9, 2022

” The problem that Basebase is addressing is one that is endemic to the financial services industry: incumbent big banks and others have been building digital services for forty years at this point.

incumbents 65

incumbents disruption leadership strategy 65

OurCrowd

JULY 22, 2020

Challenger Banks Turn Up the Heat on Incumbents appeared first on OurCrowd Blog.

incumbents 36

incumbents 36

500

OCTOBER 25, 2019

Conventional wisdom dictated that incumbents should focus their innovation efforts on R&D and growing their cash cows while investing in a few startups. The following is an excerpt from 500’s CVC report. How has corporate venture capital changed? 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.

venture capital 169

venture capital capital ventures incumbents 169

A VC: Musings of a VC in NYC

AUGUST 11, 2021

So the existing incumbents are the defensive line. And they are not taking on any of the incumbents directly. I like to think of investing in new things a bit like a football running play. Imagine you are the running back.

incumbents 285

incumbents communities networking opportunity 285

Both Sides of the Table

NOVEMBER 4, 2010

The thesis of the book is that incumbents in markets – especially large and well entrenched markets – seldom survive fundamental technology changes in their industries. It should affect how you think if you are an incumbent but also if you’re a startup. Let’s start with the incumbents position in a market. It is often the situation that the incumbent offers a product that is vastly superior in the market in terms of performance or functionality.

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innovation incumbents disruption frameworks 301

Dream It

FEBRUARY 27, 2020

As all investors know from the case of Uber, you cannot size a market based on an incumbent. Getting investors excited about your product is a critical part of raising capital.

pitching 256

pitching incumbents strategy transportation 256

A VC: Musings of a VC in NYC

APRIL 22, 2020

The “incumbent provider” of English proficiency tests, Test Of English As A Foreign Language (aka TOEFL), has had all of the companies and universities who accept it locked up for many years. But in some markets, incumbency matters more than better. I wrote about our portfolio company Duolingo’s English Proficiency Test back in August of last year.

incumbents 147

incumbents education investing investment 147

TechCrunch

JANUARY 17, 2023

Startups often fall into the trap of writing off incumbents as too big to act, too clueless to know what customers want and too incompetent to deliver good products. Your company could very easily be put out of business if an incumbent adds your product as a feature of theirs.

incumbents 85

incumbents pitching advice entrepreneurs 85

Gust

OCTOBER 30, 2015

Quarterly data from Gust, the online platform for the global angel investment industry, reveals that while incumbent leaders show no sign of slowing down, new industries and areas Read more >. In Q3 the global startup ecosystem continued to thrive, with 25% growth over the same quarter last year and up 18% from last quarter, as the innovation economy expands around the world.

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incumbents innovation angel investing startup ecosystem 118

Revolution

MARCH 23, 2022

Startups are a Sustainability Accelerant: Unlike industry incumbents with slower, more outdated frameworks, startups often build with sustainability at the forefront of their business?—?even

sustainability 205

sustainability incumbents frameworks energy 205

Entrepreneurs' Organization

SEPTEMBER 1, 2021

Others may call this dichotomy digital versus physical, the disruptor mindset versus the incumbent mindset, start-up world versus Fortune 500, or tech culture versus industrial culture.

incumbents 195

incumbents strategy culture leadership 195

TechCrunch

AUGUST 16, 2021

It used to be that if you were a fintech startup or, for lack of a better term, a digitally native financial services business, you might be eyeing an acquisition from an incumbent in the industry. Oh, how the tables have turned.

incumbents 106

incumbents accelerator founder technology 106

Y Combinator

DECEMBER 8, 2021

2 Incumbent banks miss the mark in two crucial areas: The banking experience has not evolved to match modern consumer. Outperforming incumbents with modern experience and digital infrastructure. In comparison, most incumbents were pushing updates on a quarterly or annual basis.

incumbents 86

incumbents peer-to-peer communities financing 86

TechCrunch

JANUARY 25, 2021

For the fourth straight year, the publicly traded fintechs massively outperformed the incumbent financial services providers as well as every mainstream stock index. Jake Jolis. Contributor. Share on Twitter.

incumbents 113

incumbents accelerator innovation investing 113

TechCrunch

SEPTEMBER 12, 2022

But incumbents like Stripe and Adyen already dominate distribution channels, and they can easily extend a one-click solution. So if one-click checkout startups are struggling to make headway against incumbents in the single-currency, highly digitized and concentrated U.S. Rocio Wu.

incumbents 71

incumbents investing investment entrepreneurs 71

TechCrunch

AUGUST 10, 2021

Lisa Dolan, managing director at Link Ventures, said she found the company while examining web traffic data, where Breeze was listed among industry incumbents among consumers searching for disability.

incumbents 91

incumbents education enablement financing 91

TechCrunch

APRIL 20, 2021

Now, a startup out of Romania that is building tools to help the incumbents respond with better services of their own is announcing a significant round of funding as its business grows.

incumbents 106

incumbents consulting disruption collaboration 106

Entrepreneurs' Organization

JUNE 16, 2020

Meanwhile, it’s incumbent on you as the CEO to create an environment that encourages action-oriented behavior. Contributed by Chen Amit , co-founder and CEO of Tipalti. Entrepreneurship is one of the most challenging vocations on earth.

entrepreneurs 216

entrepreneurs incumbents collaboration leadership 216

TechCrunch

MARCH 8, 2021

Starling — which competes against incumbent banks, as well as other challengers like Monzo and Revolut — said it will be using the money to continue its growth.

incumbents 106

incumbents innovation investing investment 106

Revolution

JUNE 3, 2021

Venture investors pay close attention to the innovation that emerges when startups unbundle the offerings of industry incumbents.

incumbents 130

incumbents construction accelerator venture capital 130

TechCrunch

SEPTEMBER 30, 2022

For Clarisse Lam , associate at New Alpha Asset Management , this makes sense: “The repricing represents a great opportunity for incumbents to make strategic acquisitions and accelerate their digital transformation.

incumbents 76

incumbents pitching accelerator opportunity 76

Both Sides of the Table

OCTOBER 22, 2015

And our competitors are not really each other but the incumbent businesses that have 99.9% ” In summary: The competitors are the incumbents. This morning Clutter.io announced they raised $9 million from Sequoia , arguably the best venture capital firm that exists. Congratulations. Sincerely. Conventional wisdom says I shouldn’t tell you this because I invested in their main competitor, MakeSpace.

real estate 298

real estate incumbents disruption education 298

Dream It

JULY 24, 2020

Find out how incumbent products you are likely to replace are performing. To keep an organization safe, a CISO depends on as many as 50 to 100 different products. This presents a huge opportunity for startups. However, this means that a CISO sees a LOT of pitches in their role.

incumbents 195

incumbents pitching opportunity communities 195

TechCrunch

JULY 13, 2022

It’ll be incumbent on Booz Allen Ventures to show that it’s not looking to snuff out or absorb startups for the benefit of its corporate parent.

incumbents 75

incumbents ventures consulting opportunity 75

Entrepreneur's Handbook

NOVEMBER 16, 2022

Distributed ownership earned by work is the only method with a plausible chance of overtaking the world’s largest web2 incumbents, such as Amazon, Facebook, and Google. A new era in crypto arrives SBF in better days?

entrepreneurs 87

entrepreneurs peer-to-peer incumbents innovation 87

OnStartups

DECEMBER 22, 2015

In just about all cases, to successfully disrupt a large incumbent, your best case scenario is that they completely ignore you and what you're doing. You want the incumbent to act "rationally", because an emotionally fired-up incumbent will come try to crush you simply out of spite and ego. The fact that what you have doesn't meet the needs of the existing customer-base is what makes it easier for the incumbent to ignore you. Working on a startup?

disruption 40

disruption incumbents innovation media 40

Tomasz Tunguz

OCTOBER 14, 2021

Despite the UI challenges of incumbent solutions, their scale is a testament to the amount of customer demand. co-authored with Patrick Chase. We are thrilled to announce that Redpoint has partnered with Spot AI to lead their $20M Series A.

incumbents 81

incumbents hospitality disruption collaboration 81

Both Sides of the Table

MARCH 25, 2016

So when Sam Rosen came to me with the idea of disrupting storage with a product that is priced cheaper than existing incumbents and he could build a product that is a better service I was intrigued. 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. Incumbent Strengths & Weaknesses. Many startup businesses – tech or otherwise – fail.

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incumbents startup incubation data validation 235

TechCrunch

SEPTEMBER 7, 2022

A growing market will have plenty of room for upstart companies to attack incumbents; sometimes startups create their own market, but that’s a bit rarer. Startups and their investors love to talk about big markets and how they are going to go about tackling them.

incumbents 73

incumbents pitching technology investing 73

Ecosystem Builder Hub

MAY 21, 2021

It is incumbent upon those of us working to build vibrant entrepreneurial ecosystems to put inclusion front and center, at the heart of everything we do.

entrepreneurial ecosystem 87

entrepreneurial ecosystem board incumbents consulting 87

propel(x)

FEBRUARY 4, 2022

If you are about to buy a used car, you might ask an auto mechanic to inspect it before you hand over your hard-earned cash to make sure you are not buying a lemon. It is important to consider doing something similar if you are thinking about investing in a startup. What is due diligence?

investing 91

investing investment incumbents angel investing 91

TechCrunch

JUNE 9, 2022

One advantage for Klar, according to Möller , is that its “cost to serve a user” is about 1/20 of what the incumbents pay. I tie it back to complacency from the incumbents. Maybe there was less complacency by the incumbents or there was more competition amongst them….But

incumbents 79

incumbents opportunity disruption entrepreneurs 79