Both Sides of the Table

APRIL 18, 2019

While the Bird Zero has shown massive improvements, as you can imagine the company has built an entire vehicles team and designed an entire roadmap of scooters that will hit the roads in 2019 / 2020. You can’t simply drop a bunch of electric scooters in a market and hope to compete with the data and software advantages of the incumbents.

transportation 250

transportation incumbents disruption financing 250

TechCrunch

DECEMBER 8, 2020

Finally, as we navigate the internet in 2020, the privacy question looms large as is how you balance the convenience-privacy trade-off. What’s more, as you find this information, it’s impossible to know what you can trust as accurate, and he believes that issue is having a major impact on society at large.

incumbents 141

incumbents networking innovation ventures 141

TechCrunch

JANUARY 12, 2021

billion at the time of its announcement , first broke cover on January 13, 2020, or nearly one year ago to the day. ” Given the fintech boom that 2020 saw , as consumers flocked to free stock trading apps and neobanks, that Plaid saw growth last year is not surprising. The deal, valued at $5.3

incumbents 129

incumbents venture capital innovation startup 129

TechCrunch

SEPTEMBER 8, 2021

” Despite the VC flurries of 2020 creating an ecosystem of seemingly endless equity, it’s important for entrepreneurs and founders to understand that there is no one-size-fits-all model for raising capital. People tend to think that category creation is less risky than incumbent disruption.

strategy 95

strategy incumbents VC disruption 95

TechCrunch

JANUARY 25, 2021

The line between social networking and gaming is increasingly blurring , and internet incumbents are taking notice. In 2020, IMVU saw record growth, with over 7 million monthly active users and 400,000 products created every month by IMVU users.

networking 106

networking incumbents education accelerator 106

TechCrunch

JULY 13, 2022

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.

ventures 93

ventures incumbents startup venture capital 93

TechCrunch

JULY 25, 2021

Incumbent giants therefore could lose a sizable chunk of market share if a company could just manage to weave together China’s manufacturing proficiency and agility with the modern tech startup philosophy of “moving fast and breaking stuff.”. The company aims to reach $1.2 billion this year.

incumbents 129

incumbents networking entrepreneurs opportunity 129

American Entrepreneurship

DECEMBER 20, 2024

Founded in 2020 by Poddar and Vineet Goel, the startup has provided nearly $1 billion in annual funding for tens of thousands of small businesses in the U.S. Incumbent methods systematically bias against women- and minority-owned businesses. and Canada. This has historically hindered small business growth.

finance 98

finance financing incumbents construction 98

TechCrunch

FEBRUARY 1, 2022

Fintech tailwinds, strengthened by the COVID-19 pandemic in 2020, only accelerated in 2021. Despite a roughly 30% draw-down in the last months of 2021, the Matrix Fintech Index continued to beat the broader market as well as incumbent financial service companies.

incumbents 107

incumbents VC accelerator investment 107

TechCrunch

JUNE 21, 2021

And if you want to build one in a sector crowded by both incumbent companies and richly funded startups, it can be super expensive. That was the lesson we learned in late 2020 by examining operating results from a number of neobanks. Revolut’s 2020. Gross profit growth of £123 million in 2020, up 215% from 2019.

incumbents 99

incumbents startup investing investment 99

TechCrunch

FEBRUARY 3, 2022

“We don’t want to be elitist, we don’t want to do this for a very small category of people because we really want to become the incumbent bank in the U.S.,” Banks are trying to become relevant, but students don’t buy the BS that incumbents are doing.” Yahyaoui said, starting with students. That’s the goal.”.

incumbents 99

incumbents startup communities consulting 99

TechCrunch

SEPTEMBER 17, 2022

For me, there was a huge opportunity in a space that the incumbents were not able to capture because a lot of it is the economics of their model and misaligned incentives.The world continues to unfortunately be made up of haves and have nots….There In 2020, it was $41 million. TC: Was it worth it for you to get a charter as a company?

incumbents 123

incumbents sustainability capital health 123

TechCrunch

NOVEMBER 22, 2021

Sales in this area topped $100 billion in 2020 , driven by the 48 million dogs and cats that were adopted over the past three years. The big story in 2020 was that everyone needed telehealth services for themselves, and we saw that transfer to pets and then exacerbated by the industry,” he added. Pets are big business.

capital 98

capital incumbents education health 98

TechCrunch

MARCH 2, 2021

The European grocery market is currently worth €2 trillion, but access to customers for high-quality, smaller producers is still tricky and blocked by incumbents. It also uses a 100% electric fleet serving big cities and suburbs, and its model is to have zero food waste.

incumbents 100

incumbents board accelerator financing 100

TechCrunch

SEPTEMBER 1, 2022

And even though investment activity decreased this year, it still remains well above where it was in 2019 and 2020. Infrastructure providers can help connect fintech companies with incumbent banks so that they can both reap the benefits of the interest rate environment.

incumbents 92

incumbents opportunity enablement innovation 92

TechCrunch

DECEMBER 15, 2021

We profiled Rebag back in 2015, when its name included two “g’s,” (gotta love URL availability) and had raised $4 million in seed funding to go after incumbents like The RealReal. The “last time” was a $15 million Series D round in 2020, also led by Novator. The marketplace now has more than 30,000 items.

peer-to-peer 97

peer-to-peer capital innovation incumbents 97

TechCrunch

JULY 26, 2021

Since the company launched its platform, business was building steadily, and took off in the second half of 2020. When Shamir was building Simple, he could see how challenging it was for incumbents to provide the tools developers need to embed financial services, and this is why we have confidence in his ability to win.”.

development 103

development real estate incumbents ventures 103

TechCrunch

DECEMBER 5, 2020

But we’ll remember 2020 as the year that venture truly joined the cloud. SaaS is continuing to be reshaped by consumer internet techniques, with top companies of our era competing through word-of-mouth growth versus incumbent sales forces. Find out how we’re working toward living and working in space at TC Sessions: Space 2020.

education 113

education frameworks SaaS incumbents 113

TechCrunch

SEPTEMBER 7, 2021

When we covered the company’s most recent funding round before this — a $30 million raise in November 2020 — the startup was valued at $310 million. Meanwhile, Marshmallow’s novel, big-data approach and successful traction in the market speak for themselves. “They are big companies and stuck in their ways.

incumbents 87

incumbents technology startup strategy 87

TechCrunch

JANUARY 17, 2022

The market, dominated by incumbents like Toast and upcoming players such as MarginEdge and Brazil’s Zak , has its value pegged at over $70 billion globally and is expected to reach $116 billion in the next four years. As with most technologies, Africa is playing catch up in this food-tech segment. Last year, 80% of the U.S.

incumbents 118

incumbents capital collaboration media 118

TechCrunch

DECEMBER 14, 2022

Recognizing an opportunity for further growth, Vladimirskiy and Nerdio’s co-founder, former Microsoft exec Joseph Landes, decided to spin-off Nerdio as a separate company and sell Adar to a private equity firm in January 2020. Survey data illustrates the dramatic shift.

incumbents 90

incumbents disruption board enablement 90

Andreessen Horowitz

FEBRUARY 29, 2024

Pivoting from growth at all costs in 2020 and 2021 to efficiency in 2022 and 2023 meant slashing budgets, shelving new projects, doing RIFs, and picking fights with your cloud provider over your bills. A Great company has a strong, defensible business model that can win market share from incumbents.

incumbents 109

incumbents advice innovation opportunity 109

TechCrunch

JANUARY 16, 2021

per share in its September 2020 round and Roblox at $4 billion in February of 2020. The company had reached $2 billion in AUM last September, after reaching $1 billion in February of 2020. If that percentage has held past its October, 2020 Series C, the company just added around $10 million in ARR in under half a year.

incumbents 128

incumbents financing finance SaaS 128

TechCrunch

JUNE 30, 2021

Former Zillow executives Greg Schwartz and Carey Armstrong founded Stamford, CT-based Tomo in the fall of 2020 to take on big banks when it comes to providing mortgages to consumers. And it’s because the incumbents have no reason to fundamentally change.”. No doubt it has plenty of competition.

real estate 98

real estate incumbents strategy financing 98

TechCrunch

MARCH 4, 2022

Founded in September 2020, the New York-based company – which was previously named Unlock – said it uses data science to “ identify, underwrite and close transactions 10x faster than incumbents.” ” It describes itself as a “managed marketplace.”

real estate 97

real estate finance financing incumbents 97

TechCrunch

FEBRUARY 17, 2022

While incumbents have pioneered various enterprise resource planning (ERP) systems to digitize these processes, companies would still get four to five different software platforms to complete multiple tasks. They are electronic yet manual processes that make their work very inefficient. More than 3,000 users also utilize its software.

incumbents 80

incumbents transportation collaboration consulting 80

TechCrunch

DECEMBER 10, 2021

Driven by the global pandemic and everyone being at home with their pets, sales topped $100 billion in 2020 in this sector. Though they officially started the company in 2019, Busaba and Spies didn’t launch their first product, the raw dog food, until 2020. Maev founder and CEO Katie Spies. Image Credits: Maev .

incumbents 89

incumbents innovation education ventures 89

TechCrunch

APRIL 7, 2021

The company notched gross revenue of $265 million in 2020 and has raised capital over the years from backers such as General Atlantic and Tiger Global Management. The challenger bank was created to target millennials dissatisfied with the incumbent banking options.

incumbents 98

incumbents finance financing innovation 98

TechCrunch

JUNE 6, 2022

” Ivella isn’t just competing with the theory of joint accounts pushed by incumbent banks, but also venture-backed startups seeking a multiplayer fintech world. The startup raised a $9 million seed round from investors, including Index and Accel, in 2020. Zeta, which raised a $1.5

peer-to-peer 117

peer-to-peer finance financing incumbents 117

Haystack

DECEMBER 26, 2018

Maybe it will be 2019, or 2020 — or even 2021. They’ll have to back up the truck for their best companies, take acquisitions off the table, and go right after the incumbents head-on. Speaking of acquisitions — many leaders of larger VC funds have privately given up on the incumbents buying their companies.

opportunity 76

opportunity incumbents VC culture 76

TechCrunch

JANUARY 28, 2021

billion in venture capital across 265 deals during 2020, compared to $1.32 It puts startups in a difficult spot: if 2020 was about enabling video-based teaching, what might emerge from 2021? While reporting delays could change this total, VC dollars have more than doubled since the pandemic began. billion the prior year.

education 134

education venture capital ventures opportunity 134

TechCrunch

AUGUST 24, 2021

The fintech then launched its product in October 2020 and today offers a checking account combined with a software layer that aims to help SMBs manage their financials. For its part, Patrick Backhouse of Greenoaks Capital believes that Brazil has an “enormous” SME economy that has historically been “underserved by incumbent banks.”.

incumbents 96

incumbents capital financing finance 96

TechCrunch

OCTOBER 19, 2021

But along with that, we have also seen a related surge in funding into companies that provide the infrastructure that financial institutions — incumbents and fintechs alike — need in order to operate faster and more competitively. It ended 2020 with less than 10 million accounts total. billion in transaction volume a month.

incumbents 96

incumbents finance financing technology 96

TechCrunch

DECEMBER 16, 2021

In late 2019, the company realized that every other company, like ManageXR, would have to solve the same problems on its own, so it pivoted to focus solely on ManageXR in early 2020. Its competitors include incumbent mobile device management companies, which build similar tools for mobile phones and laptops, and some device manufacturers.

incumbents 87

incumbents hospitality collaboration enablement 87

TechCrunch

MAY 29, 2022

by 2022, compared to China’s 6% and South Korea’s 34% in 2020. The startup is competing with incumbents like Sayurbox, HappyFresh and TaniHub to win over users. As in many countries around the world, on-demand delivery got a boost during the COVID-19 pandemic in Indonesia.

incumbents 101

incumbents financing finance capital 101

TechCrunch

MARCH 31, 2022

Upstart technology firms must compete with both industry incumbents, like Apple and Microsoft, for talent, as well as traditional firms building out their own in-house engineering and data teams. It doesn’t seem likely that we’re on the precipice of a similar spike in layoffs that the onset of COVID-19 brought in 2020.

startup 89

startup incumbents accelerator capital 89

TechCrunch

MARCH 18, 2021

The company acquired SMSBump at the beginning of 2020 and Tagrin said it’s “70% of the way there” towards full integration.) These are the mini-brands … the up-and-comer brands that are going to replace the incumbents.”. I like to say that Victoria’s Secret will die by a thousand cuts,” he said.

incumbents 105

incumbents startup SaaS ventures 105