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Booz Allen Hamilton launches $100M corporate venture arm focused on early-stage startups

TechCrunch

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.

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Former Zillow execs raise $70M seed round for Tomo, which wants to simplify the mortgage process

TechCrunch

CEO Schwartz first joined Zillow in 2007, where he says he “built the sales and revenue operations from the ground up.” And it’s because the incumbents have no reason to fundamentally change.”. For example, it won’t do any refinancing for existing homeowners but focus strictly on helping buyers secure new mortgage loans.

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Headless CMS platform Kontent secures new capital to grow its customer base

TechCrunch

The incumbent solutions were designed for on-premise, monolithic architecture. “Based on our previous experience from the financial crisis in 2007–2009, an economic slowdown pushes companies to rethink their digital strategy which is often connected with rebuilding their website. region- or product-specific) content.

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Why so many SaaS companies are launching their own media operations

TechCrunch

That book, “ The New Rules of Marketing and PR ,” was published in 2007 and proved to be a seminal work in the field. And, can startups imitate the sort of content production we’re seeing at incumbent SaaS companies? But why is it happening? It’s time for richer content.

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Egypt’s Paymob closes $18.5M Series A to expand payments services across MENA

TechCrunch

The Egyptian fintech ecosystem also got a major boost when incumbent fintech Fawry became a publicly-traded unicorn for the first time. Since launching in 2007, Fawry has been the largest online payment platform in the country and offers a variety of services ranging from mobile wallet to banking services.

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Regulatory scrutiny is good for the future of software

TechCrunch

To understand what I mean, let’s look at the global financial crisis of 2007-2008 and the ensuing regulation of the financial services industry. In other words, show me a business that should not be regulated, and I will show you a dying business. Therefore, the possibility of regulation itself creates significant opportunities for companies.

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How to Think of R&D Spend

Andreessen Horowitz

Imagine if, in 2007, Netflix decided to follow the 70–20–10 rule. A long-term defensive bet, on the other hand, might be a decision to build internal data centers and repatriate data from the cloud, or for an incumbent to replatform, such as when Adobe moved its creative suite to the cloud.