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It has become so synonymous with Internet companies that the French have invented a disdainful term including Amazon: “les GAFA,” which they refer to as Google-Apple-Facebook-Amazon to talk about American dominance of the Internet. Amazon is emblematic of the sort of company that mostly disrupts industries *behind* the scenes.
Equally, I encouraged entrepreneurs to thoroughly reference check their VCs – you’ll learn much more from this than anything else. We always say that great opportunities are composed of a world-class team addressing a big & disruptive market opportunity. Lines vs. Dots is all about people. Market Opportunity.
Debt capital, which refers to capital raised by taking out a loan, is an alternative route that entrepreneurs should consider. Discount airlines, cell phones (not smartphones) and integrated circuits are good examples of the “faster, cheaper, simpler” variety, because they simply displaced familiar incumbents.
For new entrants looking to take advantage of the advent of LLMs and disrupt the status quo by going upstream of these incumbents, we’ve done a deep dive into Bloomberg, Morningstar, and Verisk’s stories. In doing so, each built the beginnings of what are now category-defining businesses.
When it comes to presentation creation, PowerPoint and Keynote remain the de facto tools by incumbent advantage. But this hasn’t stopped startups from trying to disrupt the status quo. refers to the product’s AI-powered presentation recommendations. Prezent.ai’s online design dashboard.
There are many ways of spinning up a startup, but it takes a particularly brave set of founders to take on a deeply entrenched industry with a small number of incumbents who have the market all sown up. Armed with a handful of patents and some cool reference speakers (i.e. “I think the team makes Mayht special.
He referred to insurance as a “spaghetti web of money movement” where payments can take up to 100 days to get to the insurance carrier from the customer as it makes its way through intermediaries. This is where Wynn believes Ascend is competing, though some incumbents are offering premium financing, but not in the digital way Ascend is.
What kinds of moves are the incumbents making and how they change the market? How might a startup disrupt this market? I look up the founders on LinkedIn, send a few emails for references and then wait to hear back on some initial reference calls. Then, I try to dig deeper into the nuances of the market.
In a casino, the term “rake” refers to the commission that the house earns for operating a poker game. Booking.com was not always the online leader in Europe – in fact they were a disrupter stealing the flag from other large incumbents. The 30% rake basically launched a nasty competitor with a disruptive pricing model.
The emergence of generative AI, cloud computing, and new spatial platforms is poised to disrupt 3D creation end-to-end. The name RenderMan was coined in reference to the Sony Walkman for a futuristic rendering software that was so tiny it could fit inside a pocket.
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