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What To Do When Your Competitor Gets Funded?

Both Sides of the Table

For starters – the co-founder of Clutter.io, Ari Mir, is a friend and 6 years ago I backed the first startup he co-founded with Ophir Tanz , GumGum. We will have two well-funded companies educating the market on why this market opportunity for the $24 billion US storage market is ripe for disruption.

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Revolution co-founder talks Living Social, ZipCar, Steve Case & GroupOn Super Bowl Ads

Both Sides of the Table

Revolution is a “stage agnostic&# fund (means they invest early or late) funded entirely by Steve Case , the founder of AOL and co-founded by two other individuals, Tige Savage (yes, pronounced like the golfer, minus the “r&# ) and Donn Davis. So it was wonderful to hear from a leading venture capital firm based in Washington DC.

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Why Hulu is the OPEC of Online Video

Both Sides of the Table

The formation of Hulu was defensive – designed to stop another YouTube or Napster from emerging and causing disruption to the TV industry. The founders felt that having a legitimate site for content would discourage Silicon Valley VC’s from funding entrepreneurs to create the next big TV killer.

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The Surest Sign You’re Winning is When Goliath Takes a Swing at You

Both Sides of the Table

I’ve been involved with several startups where a giant incumbent attacks you and tries to sue you out of existence. Every time I’ve been in this situation, I’ve talked with founders and said the simplest line, “We finally know we’re winning.” The first instinct is fear, then dread, then panic. And what prompted this lawsuit?

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Disrupting Finance From Above: Wealthfront

abovethecrowd.com

Many entrepreneurs in Silicon Valley believe that the financial services industry in the United States is “ripe for disruption. ” First, they believe that the current offerings from the financial incumbents are lacking. Once you have the assets, all the disruptive things that Silicon Valley types want to do will be easy.

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FintechOS nabs $60M for a low-code approach to modernizing legacy banking and insurance services

TechCrunch

“Challenger” startups in banking and insurance have upended their industries, and picked up significant business, by building more customer-friendly tools and services — more personalized, easier to access and usually competitively priced — than those typically provided by their bigger, incumbent rivals.

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Sylndr, an online used-car retailer, raises $12.6M pre-seed to disrupt Egypt’s automotive market

TechCrunch

Recently, there’s been rapid digitization of this market , with several startups upending incumbents such as classifieds and hoping to define the new era of used-car-sale platforms. According to the founders, Sylndr also plans on providing seven-day money back guarantee, warranty and availing flexible financing options to users.