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

Both Sides of the Table

.&# It was my investment philosophy that observing teams’ performance over time was far more insightful than reacting to how good of a product demo they do, how good they present Powerpoint slides or how great tech blogs say they are. They incumbents might provide terrible products or services that you think you can better.

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Four Fundamental Innovations of Web3 that Will Upend Web2 Incumbents

Tomasz Tunguz

Today, it’s 12, driven by several factors but regulatory costs present the principal one. Where nascent rules are present, the regulation isn’t yet a warren of legalese- yet. ” CBDCs are programmable money: central bank digital coins enable a government to focus stimulus as granularly or as broadly as they like.

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The Feedback Loops in Data that Will Change SaaS Architecture

Tomasz Tunguz

The SaaS applications present insights and queue workflows and help their users achieve their goals as normal, using the data from the CDW. Modern SaaS applications will present materialized views from the CDW. Data arrives from various systems, is transformed, and stored in Snowflake. Nor will this transition be immediate.

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How a Little Bit of Fear Breeds Innovation

Entrepreneurs' Organization

In 2015, one of the largest healthcare intermediaries in the country presented us these challenges. Incumbent human processes were cumbersome, laborious, costly, slow and demoralizing. Ordering is decentralized, based on personal preferences in both products and vendors, and at variable prices without strong ties to clinical outcomes.

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The 4 Questions Startups Should Ask Themselves about Building with Generative AI

Tomasz Tunguz

I presented those questions & my views on their answers at Saastr’s Workshop Wednesday. I started with a few sentences, uploaded them to gamma.app to outline the presentation, popped over to Midjourney to generate images along the story line, & published it in IA Presenter. Market : how to compete with incumbents?

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5 Predictions for 2020

Tomasz Tunguz

The direct listing enables them to go public without raising capital. And incumbents desire as much of that as possible for themselves. In it, 65% of founders believe the fundraising market in 2020 will present more challenges than 2019. The M&A market continues to surge. Fundraising environment remains strong.

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Defending a Startups Greatest Asset through Recession & Recovery

Tomasz Tunguz

UBP enabled the company to manage COGs and gross profit. UBP presented an opportunity to reinvent the account executive (AE) compensation model. Once familiar, they often brought the technology to work, expanding the account. Last, Twilio’s business requires greater COGS (cost-of-goods-sold) than most software businesses.

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