This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The key purpose of being end-to-end is to deliver an even better value proposition to consumers relative to incumbent alternatives. In the graphic above, notice that most of these companies play in the largest, but notoriously archaic industries like banking, insurance, realestate, healthcare, etc.
More recently, this trend has shifted a bit within the Bay Area, which today’s giants like Uber, Airbnb, and Stripe being built in San Francisco proper while incumbents down south have begun scooping up premium commercial realestate in the city. Over the past two years, however, I’ve felt that something is out of balance.
Inexpensive equity dollars enable capital-intensive companies to amass the warchest necessary to dethrone incumbents. Just eight years from founding to dominance with an entirely new model: the largest taxi company in the world owns no taxis and the largest hotelier in the world owns no realestate. Crunchbase tallies $10.1B
YC Companies: Enode , Evoly , inBalance , Pelm Electric vehicle value chain Electric cars are winning personal transportation technology. These are big markets: just aviation and shipping, both of which are growing fast, represent 20% of all transportation emissions in the world.
So if Internet and mobile technologies can be used to change realestate or transportation, why not healthcare? Bill Gurley : Well, industries get more regulated and incumbents write the regulation. Additionally, all of us that have been consumers of the U.S. Simply put, there is amble room for improvement.
We organize all of the trending information in your field so you don't have to. Join 24,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content