Question for me is how capital efficient SME-focussed businesses can be given relatively high user acquisition costs and low monthly revenues per user. Adn therefore what returns they offers to a Series A/B/C investor.
Square is perhaps the stand out success story in SMB tech in recent years. They raised $590M pre-IPO, and a…
Great summary. What I don’t see is analysis of whether a truly secure decentralized crypto currency can ever handle the transaction throughput required for many of the proposed use cases. Tough one to answer, but this was the post I found most helpful: https://medium.com/@FEhrsam/scaling-ethereum-to-billions-of-users-f37d9f487db1
Would love if you could go deeper on each of these. Enterprise Ethereum Alliance is a private blockchain and so value wouldn’t accrue to ETH or BTC? Investment in blockchain tech by world banks is a tiny % of their IT spending today and all in PoCs. I don’t know enough about Ru or Cn to comment on their plans. “Cheap, faster and more secure” — still to be proven, plenty of obstacles here.
Thank you Christian for co-hosting the event and for this great write up. Really exciting to see how many Xooglers are enriching the European startups scene as founders and funders.
Any list such as the above is inevitably selective and will miss out some people. If that is you then apologies and please do not be offended
I think in some cases new players in insurance can reduce claims by changing behaviour of the insureds (as Oscar aims to in health and telematics insurers do in auto). So part of that pie is available. But otherwise I agree, common fallacy to look at overall market instead of addressable market
Important point here that it is best to be upfront that you do want to raise money. “We’re not raising but I’d like to get a coffee to ask your advice” was fashionable for a while but has been overused.