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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. And our competitors are not really each other but the incumbent businesses that have 99.9% ” In summary: The competitors are the incumbents.

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How To End Your Pitch with Your Vision

Dream It

But founders are often so consumed with talking metrics, milestones achieved, or the capital they need that they sometimes forget to talk about their overarching vision for their startups. As all investors know from the case of Uber, you cannot size a market based on an incumbent.

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Israeli fintech Personetics raises $85M for tools to help incumbents personalize banking services to compete with neobanks

TechCrunch

Today a startup that is building tools to help incumbent address this challenge is announcing a round of funding on the back of a lot of demand for its services. “T hey are seeing the impact of the alternatives,” he said, with the migration away from the incumbents happening gradually. That’s a common thing.”

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Parafin Transforming Delivery of Small Business Financial Services Closes $100M Series C

American Entrepreneurship

Small businesses are the backbone of the American economy yet banks do not have their backs, says CEO and co-founder Sahill Poddar. The two co-founders leveraged their tech backgrounds to pursue an entrepreneurial opportunity. Incumbent methods systematically bias against women- and minority-owned businesses. and Canada.

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The Duolingo English Test

A VC: Musings of a VC in NYC

The “incumbent provider” of English proficiency tests, Test Of English As A Foreign Language (aka TOEFL), has had all of the companies and universities who accept it locked up for many years. But in some markets, incumbency matters more than better. It is two sides of the same coin. It costs less ($49 vs $205).

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How to Build a Team That Can Navigate Your Business Through Difficult Times

Entrepreneurs' Organization

Contributed by Chen Amit , co-founder and CEO of Tipalti. In my time as the co-founder and CEO of my company, I’ve identified a few traits that are incredibly helpful for leadership teams to possess. Meanwhile, it’s incumbent on you as the CEO to create an environment that encourages action-oriented behavior.

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Both Things Can Be True: Bias and Bad Fundraising Advice

This is going to be BIG.

I’m a female founder. I don’t have a technical co-founder. These are all of the things I heard from a founder that I recently backed. So what about all of the above statements—things that founders widely hold to be true barriers to fundraising? Nearly half of the teams I’ve backed have female founders.

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