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Understanding How The Innovator’s Dilemma Affects You

Both Sides of the Table

I cannot recommend it enough for people in the technology or media sectors. The thesis of the book is that incumbents in markets – especially large and well entrenched markets – seldom survive fundamental technology changes in their industries. Let’s start with the incumbents position in a market.

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AI-powered media editing app Descript lands fresh cash from OpenAI

TechCrunch

Besides incumbents like Adobe, there are startups such as Reduct.Video , which uses AI, natural language processing and other tech to automatically create editable transcripts. Around the same time, individual creators stopped respecting the boundaries between media; YouTubers started podcasts, podcasters flocked to TikTok and so on.

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Revolution co-founder talks Living Social, ZipCar, Steve Case & GroupOn Super Bowl Ads

Both Sides of the Table

They are a national practice but “it would be hard to see a local media success that Revolution isn’t part of&#. 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. I run Revolution’s VC investments.

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Why We’re Looking to Fund Stuff With More Meaning

Both Sides of the Table

They point out perceived market risks, they might question the management team’s experience, they might worry about regulatory risk or incumbent competitive powers. in fact we still look at many deals in the media sector whose main objective is to entertain people. 6SensorLabs.

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The Future of Hospitality is Here

Revolution

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. There is something inherently exciting about this growth and the opportunities it implies.

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Bringing AI to the Masses

Andreessen Horowitz

I think it was just this incredibly powerful technology, and given that AI wasn’t quite there yet, [social media] was the main thing that there was to do, to apply all the technology to. You know, incumbents versus startups. But it’s a real problem for the incumbent, because they can’t compromise their brand.

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Opportunity Amid Volatility

Haystack

With high levels of public market volatility — the first we’ve seen in the age of social media and true real-time information — it feels like everyone and their grandmom is expecting a downturn. Speaking of acquisitions — many leaders of larger VC funds have privately given up on the incumbents buying their companies.