article thumbnail

The Opening

A VC: Musings of a VC in NYC

I’ve always thought the opening would be at the intersection of gaming, online communities, and social networks. So the existing incumbents are the defensive line. But what is cooler is that these NFT experiences are operating at the interaction of gaming, communities, and social nets. And there is running room.

article thumbnail

Why Entrepreneurs & VCs Should Focus on Basecamp, Not the Summit

Both Sides of the Table

They incumbents might provide terrible products or services that you think you can better. I can’t tell you how incumbents will act and who else will choose to compete fiercely with us. Hashtags were organically created by the Twitter community the way that RT (retweets) were and OH (over heard) was and #FF (follow Friday), etc.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Four Fundamental Innovations of Web3 that Will Upend Web2 Incumbents

Tomasz Tunguz

DAOs bind the loose community of open-source software contributors through tokens. Open-source software powers every server and most software. Crypto empowers open-source projects to monetize their innovation in a way web2 never achieved. Tokens provide an ongoing financial link that aligns long-term incentives.

article thumbnail

My First 16: Competing in a Crowd of Incumbents with Mercury’s Immad Akhund

Andreessen Horowitz

In this episode, a16z partner Seema Amble talks with co-founder and CEO of Mercury Immad Akhund about the idea of a minimum delightful product in fintech, doing the spreadsheet math on unit economics early on, and how to compete in a category already filled with incumbents. Lastly, we were targeting this fairly tight knit community, right?

article thumbnail

After Investing $100 Million Into New VC Firms, Here’s What I Look For: Traditional But Better, or Different & Excellent.

Hunter Walk

In these cases we’re asking ourselves, can this individual/partnership execute a ‘known’ playbook better than incumbents, because it’s not very interesting to put people in business who are going to be Traditional But Average.

article thumbnail

SXSW 2022: Building the Sustainable Startups of the Future

Revolution

Startups are a Sustainability Accelerant: Unlike industry incumbents with slower, more outdated frameworks, startups often build with sustainability at the forefront of their business?—?even even (and especially) as the company scales.

article thumbnail

Monzo Makes Money Work For Everyone

Y Combinator

2 Incumbent banks miss the mark in two crucial areas: The banking experience has not evolved to match modern consumer. Early success: Foundations built on product and community. Outperforming incumbents with modern experience and digital infrastructure. expectations. Banks still rely on physical branches and don’t give.