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. As one of the most active, early-stage investors in the world¹, 500 Startups has a unique perspective on the innovation economy. Since 2010, we’ve.

venture capital

Entrepreneurs' Organization

JUNE 16, 2020

When conducting interviews, be sure to ask for specific examples of each candidate’s ability to act decisively; look for a quick, strategic mind that can develop and implement innovative solutions. Meanwhile, it’s incumbent on you as the CEO to create an environment that encourages action-oriented behavior. Communicative.

leadership

Both Sides of the Table

FEBRUARY 13, 2011

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. Big companies just don’t seem to innovate the same way. We will invest pre-revenue and even pre-product if we have discovered the right team in the right kind of market.

founder

Both Sides of the Table

SEPTEMBER 15, 2014

They point out perceived market risks, they might question the management team’s experience, they might worry about regulatory risk or incumbent competitive powers. .” So other partners at the firm might sling mud at your ideas as you go for approval on an investment.

funders

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

StartupNation

MARCH 16, 2021

What separates successful entrepreneurs from the failing masses is the use of innovation to reduce risk and decrease the odds of failure. Innovation is how new ideas, solutions, methods and products make it into the world; and innovation is most successful when it solves existing customer problems.

peer-to-peer

Andreessen Horowitz

MARCH 28, 2024

For new entrants looking to take advantage of the advent of LLMs and disrupt the status quo by going upstream of these incumbents, we’ve done a deep dive into Bloomberg, Morningstar, and Verisk’s stories. In doing so, each built the beginnings of what are now category-defining businesses.

incumbents

TechCrunch

JULY 25, 2021

Hundreds of startups dot the landscape, and the amount of money being raised and spent on innovating around the country’s industrial heft is mind-boggling. 2014 might have been the last year it was economically feasible to start such a business due to the soaring cost of acquiring customers and the strength of incumbents,” he said.

incumbents

Revolution

JUNE 3, 2021

Venture investors pay close attention to the innovation that emerges when startups unbundle the offerings of industry incumbents. Historically, where you work and where you live has been a package deal, but the remote work phenomenon of Covid is changing that and allowing companies to compete for talent on different terms.

startup

TechCrunch

MAY 19, 2021

Acquisitions contribute to the health of the startup ecosystem, as entrepreneurs who realize liquidity through the sale of their company regularly go on to found innovative new companies and often invest in other startups as angel investors or venture capitalists. since before the dawn of the modern venture capital industry.”

startup ecosystem

TechCrunch

AUGUST 11, 2021

We see an emphasis on young founders (“40 Under 40”), innovative ideas and disruptive challenges to legacy brands, incumbent companies and “old” ways of thinking. The technology industry is often thought of as being the domain of the young and the new.

incumbents

TechCrunch

JUNE 22, 2022

On competition between these platforms, Adeseun said a few of these chain pharmacy incumbents, such as MedPlus and HealthPlus, are taking on a digital strategy by adding telemedicine capabilities, thus responding to the innovation that startups introduced. Women founders are disadvantaged,” the director said.

investing

TechCrunch

JULY 26, 2021

However, whenever a business tried to connect existing banking systems, fintechs and cryptocurrency innovators, as it built and scale, would always run into technology and compliance issues, Karkal said. We are here to ‘arm the rebels’ and help those innovators build applications to give all end users a much better financial experience.”.

development

Andreessen Horowitz

MARCH 20, 2024

We think a ton of innovation is going to come from these companies. You know, incumbents versus startups. But in the last cycle, and maybe just from a B2B lens here, in SaaS and cloud, there were a bunch of things that made it really difficult for the incumbents to actually innovate. David: Yeah.

incumbents

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

American Entrepreneurship

DECEMBER 20, 2024

Fintech startup Parafin innovatively tackles this challenge through its embedded finance infrastructure used by partners such as DoorDash, Amazon, and others. Incumbent methods systematically bias against women- and minority-owned businesses. Embedded finance infrastructure makes financing decisions based on real-time data.

finance

Revolution

JUNE 10, 2019

While certain categories such as coworking, alternative accommodations, “ibuying”, brokerage, and construction (among others) have adorned the front pages of leading media outlets, we are still very much in the early innings of innovation in the space.

hospitality

TechCrunch

FEBRUARY 2, 2021

Mort appreciates that TrustLayer is tackling the problem not by becoming the insurance broker, but by working with the incumbents as a software solution. Mort acknowledges that much of the innovation in fintech has historically focused on the banking industry while the insurance industry has been slower to innovate.

data analysis

TechCrunch

APRIL 9, 2023

Anthony Cimino Contributor Share on Twitter Anthony Cimino , head of policy at Carta , works with policymakers and innovators to drive economic opportunity through expanding equity ownership and private market liquidity. And the scale of the SEC’s proposed reforms should alarm entrepreneurs, investors and employees in the innovation economy.

startup

TechCrunch

APRIL 28, 2021

We look forward to supporting new exciting protocols and projects, empowering innovative corporate use cases, and adding additional (decentralized) financial products and services to our platform.”. Finoa is bridging this gap by providing seamless, safe, and regulated access to the world of digital assets.”

capital

TechCrunch

MAY 5, 2022

And that really provided us with this advantage to quickly innovate and drive a ton of product velocity.”. At the same time, the incumbent banks are stuck with their mainframes, IBM contracts, and software written in COBOL,” he wrote via email.” There aren’t 6,000 regional banks,” Chau told TechCrunch.

incumbents

TechCrunch

AUGUST 3, 2021

The one thing I would say about Draper Esprit is that we are trying to be innovative. Talking about innovation in venture capital models, what’s the main motivation for your use of retail investment platform PrimaryBid? In a perfect world, the answer is no, because realizations equal investments, so you are self-sustaining.

VC

TechCrunch

AUGUST 17, 2022

While other solution providers are facing challenging headwinds, DriveNets continues to innovate and execute on its vision to change the future of the networking market.”. “We have seen in the past couple of years some of the incumbent networking vendors starting to adopt our model,” said Susan.

networking

TechCrunch

DECEMBER 10, 2021

This grocery aisle had little innovation. During that time, the company has been growing both its revenue and customer bases, investing in supply chain and solidifying its innovation. We started with three products, but we are building the future of pet care,” she added. We aim to make products easier and great for your dog.”.

incumbents

TechCrunch

MARCH 4, 2022

Our perspective heading into our dig into the CVC market was that the pace of technological advancement is increasing, leading to shorter cycles between what we might call product and business-model innovation. Given that, it makes general sense that more corporations are building venture arms.

capital

TechCrunch

JULY 12, 2022

With a large population, Pakistan is geographically smaller, well-connected with fewer provinces, has lower regulatory barriers and doesn’t have strong incumbents,” Khurshid, who is originally from Pakistan, said via email. Paul Sawers covered Cathay Innovation ’s third fund, with $1.05 billion in capital commitments.

venture capital

TechCrunch

JULY 13, 2021

In countries like Chile, electronic invoicing innovation has enabled the factoring industry to grow, and in turn, companies like Marco tend to become leaders in supply chain financing and shrink the high interest rates spread between small businesses and large firms. “Now

support

AsiaTechDaily

JANUARY 19, 2023

Lieviant said he is very optimistic that the collaboration between fintech and incumbent banks, including rural banks, will create a very strong synergy. He believes in the resilience and innovation that Hendry and his team has shown to further accelerate digitalization in the financial sector.

peer-to-peer

TechCrunch

DECEMBER 6, 2022

But that hasn’t stopped new ventures from cropping up to challenge the incumbents. Demonstrating that there’s investor appetite for upstarts in the market, Expeto this week closed a $13 million Series B round led by Sorenson Capital with participation from 5G Open Innovation Lab, Samsung Next and Mistral Venture Partners.

networking

TechCrunch

AUGUST 4, 2022

In a nutshell, Geopagos feels it is in the ideal position of being able to serve as the software enabler that can retrofit incumbents like large banks and launch the enablers like fintechs. Geopagos, in Riverwood’s view, powers such innovation — in turn, helping its clients “drive digital inclusion in payments all across the region.”.

startup

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] It’s so early.

incumbents

TechCrunch

MAY 25, 2022

“The funding will be used to accelerate scaling of the engineering and business teams globally, and to continue investing in both hardware and software innovation,” founder and CEO Krishna Rangasayee told TechCrunch in an email interview. It brings Sima.ia’s total capital raised to $150 million.

startup

TechCrunch

JUNE 5, 2022

But it is illustrative of the measures that financial services companies — incumbents and fintechs alike — are taking to make their installment loans available to more consumers. In other words, it wants to help fintechs be in a stronger position to compete with incumbents, something it believes will benefit consumers.

incumbents

TechCrunch

APRIL 28, 2021

Challenger banks continue to make significant waves in the world of finance, with smaller outfits luring customers away from incumbents by providing an easier way for them to not only engage with basic banking services, but to tap into a wave of technology that brings more personalization and often better deals into the equation.

incumbents

TechCrunch

MARCH 29, 2023

You see, insurtech startups often need to take into account the myriad rules and regulations in place when they seek to innovate and embed insurance into products, which might make it difficult to pull it off. We are generally open to startups innovating any part of the value chain as long as the problem and market are big enough.”

opportunity

TechCrunch

SEPTEMBER 14, 2021

“My dad still eats instant ramen each night, and it is such a massive market: 4 billion packets are sold per year, but it is also a product that has been dominated by the same three incumbents for years.”. It costs a lot of money to innovate in this industry, and it is exciting for myself and family to have something that we can grab and go.

incumbents

TechCrunch

DECEMBER 6, 2022

And on the incumbent side, Google’s competing for dominance with its tensor processing units (TPUs) while Amazon’s betting on Inferentia. A number of vendors — both startups and well-established players — are actively developing and selling access to AI inferencing chips.

accelerator