Remove 2014 Remove board Remove incumbents
article thumbnail

The Uber that Never Was

This is going to be BIG.

Using the proliferation of newly GPS-enabled mobile devices to enable taxi hailing and beat out stagnant incumbent providers was always going to be a big win for consumers. How many LPs are asking the top tier funds what they’re doing to enforce and oversee values and culture from a board perspective?

culture 343
article thumbnail

End-to-end operators are the next generation of consumer business

TechCrunch

How to communicate with your board in tough times. The key purpose of being end-to-end is to deliver an even better value proposition to consumers relative to incumbent alternatives. Back in 2014, Chris Dixon wrote a bit about this phenomenon in his post on “ Full stack startups.” More posts by this contributor.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Sila banks $13M to offer single API for developing financial products, services

TechCrunch

It was acquired by BBVA in 2014 for $117 million and shuttered earlier this year. As part of the investment, Clara Sieg, partner at Revolution Ventures, is joining the company’s board. CEO Karkal has a long history in the fintech space, co-founding Simple, an app unifying various accounts into one accessible bank card, in 2009.

article thumbnail

Sequoia Heritage, Stripe and others invest $200M in African fintech Wave at $1.7B valuation

TechCrunch

And this has investors, especially foreign ones, excited and looking to get on board. Drew Durbin and Lincoln Quirk founded Sendwave in 2014 to offer little or no fee remittances from North America and Europe to select African and Asian countries. ” Going up against incumbents. From Sendwave to Wave.

investing 124
article thumbnail

CommerceIQ gets its horn as capital continues to flow into e-commerce infrastructure startups

TechCrunch

The CEO is Guru Hariharan, who you might remember from retail analytics company Boomerang Commerce , a Startup Battlefield finalist in 2014. As part of the investment, Priya Saiprasad, partner at SoftBank Investment Advisers, is joining CommerceIQ’s board of directors. “E-commerce He exited the company to Lowe’s in 2019.

capital 89
article thumbnail

Polly snags $37M in Menlo-led Series B to automate workflows for mortgage lenders

TechCrunch

Carmel previously founded Ethos Lending (which sold to Fenway Summers in 2014 ) and it was that experience that helped him conclude there were serious gaps in the market for automating workflows for lenders. The need certainly seems to be there. For example, o ne company in the space, Optimal Blue, was purchased by Black Knight for $1.8

article thumbnail

Fintech Roundup: Goldman Sachs buys another startup, Fast hits a speed bump and BaaS gets hotter

TechCrunch

Founded in 2013 (or 2014 depending on the source), the Chicago-based company has raised over $82 million in funding over its lifetime from investors such as FinTech Collective and Oak HC/FT , according to Crunchbase. It also noted that Goldman’s intent to buy NextCapital “follows several moves by multiline incumbents (e.g.

startup 110