Andreessen Horowitz

AUGUST 30, 2023

There are really three investable opportunities in the category of “known knowns”: Sell software to incumbents Compete with incumbents, with generative AI at the core Buy incumbents and remake them with AI—what a “generative AI” KKR would be doing Think about Rocket Mortgage, with thousands of mortgage brokers and 2022 net revenues of $5.8

opportunity 93

opportunity incumbents financing finance 93

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. 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 204

venture capital ventures capital incumbents 204

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. It is two sides of the same coin. It costs less ($49 vs $205).

incumbents 197

incumbents founder education investing 197

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. For the fourth straight year, the publicly traded fintechs massively outperformed the incumbent financial services providers as well as every mainstream stock index.

incumbents 141

incumbents accelerator financing finance 141

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.

incumbents 376

incumbents disruption innovation startup 376

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. Monzo has also been able to move faster than incumbents because of its forward-looking approach to building banking infrastructure.

incumbents 113

incumbents peer-to-peer financing finance 113

TechCrunch

APRIL 20, 2021

“Challenger” startups in banking and insurance have upended their industries, and picked up significant business, by building more customer-friendly tools and services — more personalized, easier to access and usually competitively priced — than those typically provided by their bigger, incumbent rivals.

incumbents 108

incumbents startup founder ventures 108

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. The market size for this feature is too small.

venture capital 95

venture capital VC incumbents startup founder 95

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. Amid the insistent drumbeat of digital transformation, those traditional, old-fashioned competencies are easily overlooked and underappreciated.

incumbents 240

incumbents ventures startup culture 240

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. That bigger market picture has also meant a surge of many neobanks, and so Starling competes with more than just the incumbents. billion) post-money.

incumbents 111

incumbents startup founder investing 111

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.

startup 82

startup incumbents networking entrepreneurs 82

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. Northwestern Mutual Ventures, Silicon Valley Bank, M25, Fiat Ventures and Invest Nebraska also participated in the financing.

incumbents 100

incumbents ventures capital startup 100

Andreessen Horowitz

SEPTEMBER 25, 2023

4:03] Jambot demo [7:02] Human vs. AI creativity [13:37] Applying AI to design [14:31] Startups vs. incumbents Will AI replace designers? Startups vs. incumbents David: I want to shift gears just a little bit and move towards the business and market structure side of things. 00:36] Will AI replace designers? [4:03]

incumbents 85

incumbents startup development creativity 85

TechCrunch

OCTOBER 27, 2021

After developing a network of telehealth, diagnostics and pharmacies for consumers, digital health company Truepill is targeting healthcare incumbents like health payers, providers and employer groups. The company’s “big focus is continuing the vision of transforming healthcare,” said Sid Viswanathan, president and co-founder of Truepill.

incumbents 98

incumbents venture capital capital startup 98

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. But lately, fintech upstarts are the ones doing the acquiring.

incumbents 108

incumbents startup accelerator founder 108

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. We want to be closer to companies’ larger digital transformation programs.”

incumbents 72

incumbents founder disruption investing 72

TechCrunch

JULY 13, 2022

Excepting breakouts like Anduril and Palantir , most contracts are awarded to incumbents — more than 95% of Booz Allen’s nearly $8 billion in revenue comes from government contracting — and any startup that gets a foot in the door has to bridge the gap between the R&D phase and the contract award.

ventures 88

ventures startup incumbents venture capital 88

Tomasz Tunguz

MARCH 30, 2023

Incumbents have seized the moment with Microsoft, Adobe, & others integrating generative AI into their products quickest. As generative AI captivates Startupland, startups will do what they have always done: integrate new technology to build transformative businesses. In response, startups must develop moats to stake out their market.

incumbents 112

incumbents startup innovation capital 112

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 ».

startup 52

startup incumbents founder entrepreneurs 52

TechCrunch

DECEMBER 10, 2021

Many individual grocers offered their own delivery during the global pandemic, in addition to the delivery incumbents Instacart, PC Express, Inabuggy, DoorDash and Uber Eats. It’s been impressive watching them over the past couple of months,” Novak added.

incumbents 80

incumbents capital founder startup 80

TechCrunch

SEPTEMBER 8, 2021

Discount airlines, cell phones (not smartphones) and integrated circuits are good examples of the “faster, cheaper, simpler” variety, because they simply displaced familiar incumbents. People tend to think that category creation is less risky than incumbent disruption.

strategy 91

strategy incumbents VC entrepreneurs 91

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. ” VC money is definitely drying up for some, such as neo-insurers whose unit economics are under scrutiny.

peer-to-peer 71

peer-to-peer incumbents ventures startup 71

TechCrunch

APRIL 18, 2023

But it also could be the worst of times for founders thinking about launching an AI startup, especially one that can grow and be defensible against incumbents in a fast-changing environment. Who wouldn’t want to launch a startup right now with the energy and hype surrounding the industry?

startup 98

startup incumbents VC founder 98

AsiaTechDaily

MARCH 30, 2023

The company’s aim is to enable space access at greatly reduced risk, cost, and environmental impact compared to incumbent solutions. The round was also joined by SEEDS Capital and Masik Enterprises. The funding will be used to develop Equatorial Space Systems’s Dorado commercial-sounding rocket family.

VC 79

VC incumbents startup capital 79

TechCrunch

JUNE 22, 2022

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. There’s immense opportunity for similar gains in healthcare, but long-term success requires healthcare incumbents to truly commit to automation.

founder 87

founder incumbents startup frameworks 87

TechCrunch

JANUARY 7, 2021

It will be interesting to see how newer entrants in the SaaS banking-platform space disrupt what are, effectively, becoming incumbents in their own right: Mambu is now approaching 10 years old (it was founded in 2011). That could lead to consolidation, too. Thought Machine nabs $83M for a cloud-based platform that powers banking services.

SaaS 125

SaaS incumbents capital startup 125

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 They just happened to be reserved for a very few.

incumbents 94

incumbents startup capital ventures 94

TechCrunch

AUGUST 8, 2023

Co-founder and chairman Samuel Rhee told TechCrunch that Endowus is now “multiple times the size of the next player and now competing with large banks and incumbent players.” Other investment apps in Singapore include Syfe and Stashaway , which also attracted big VC bucks a couple years ago.

VC 98

VC ventures real estate incumbents 98

TechCrunch

MAY 3, 2022

Will an incumbent copy us and destroy us? If you have a number of incumbents in your space, do some research and see how they have reacted to other startups. If the incumbents are routinely stealing innovations, invest more in patents and set some money aside for lawyers. If they tend to acquire them, great.

incumbents 100

incumbents startup founder startup founder 100

TechCrunch

JANUARY 22, 2021

The key purpose of being end-to-end is to deliver an even better value proposition to consumers relative to incumbent alternatives. Incumbents in these industries are very large and entrenched, but they are legacy players, making them slow to adopt new technology.

incumbents 145

incumbents real estate ventures startup 145

TechCrunch

APRIL 20, 2023

” It’s tough for any cloud provider to compete with the incumbents in the space — i.e., Google, Amazon and Microsoft. But in Intrator’s eyes, the incumbents aren’t set up to meet the demand of thousands of new AI companies clamoring for GPUs — at least not at CoreWeave’s (ostensibly lower) prices.

investing 94

investing investment incumbents startup 94

TechCrunch

SEPTEMBER 7, 2021

” Going up against incumbents. Third-party providers, mostly fintechs, have tried to capture some market share from these incumbents. Whereas the incumbents mostly focus on USSD (although there are provisions to use applications), Wave is solely app-based. Wave, however , wants to disrupt it.

investing 129

investing investment incumbents founder 129

TechCrunch

APRIL 20, 2023

In other words, it wants to invest in early-stage fintech and enabling technology companies “where opportunities for early partnerships with financial incumbents exist.” It aims to help startups there partner, expand and commercialize in the U.S. Want more fintech news in your inbox? Sign up here. We’d love to hear from you.

ventures 70

ventures startup incumbents VC 70

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 >. The post The Market Diversifies: International Innovation Captures Larger Share Of Startup Funding Applications appeared first on The Gust Blog.

startup 142

startup startup ecosystem innovation angel investing 142

TechCrunch

AUGUST 26, 2023

Everything is short-form video: Given massive usage of TikTok by Gen-Z and the popularity of other platforms that feature short-form video, we were curious how smaller companies can compete with incumbents that already have a Reels strategy, if you will.

incumbents 57

incumbents startup ventures culture 57

TechCrunch

DECEMBER 15, 2021

“It’s a huge market that is still controlled by incumbents charging extremely high interest rates, which makes it difficult for people to pay back their loans. We have a huge market with complacent incumbents, a population that adopts technologies early on and a supportive regulatory agenda.

startup 74

startup incumbents venture capital financing 74

TechCrunch

MARCH 16, 2021

On banking competitors, Ikigai’s founders argue that existing incumbents and challengers both have “significant” failings. . “It allows us to focus on what we are good at and really matters to our customers: the user experience” Challenger bank Starling adds investment service Wealthify to its in-app marketplace.

incumbents 111

incumbents founder investing investment 111