article thumbnail

The Strategic Question at Seed Today

Tom Tunguz

The previously fixed financial products that existed in 2008 of a $4-6M Series A and a $10-12M Series B are gone. Competition has brought diversity and innovation into the private capital markets. Instead of these arbitrary discrete ranges, the market has evolved to provide a smooth continuum of fundraising options.

Finance 270
article thumbnail

A New Chapter

Tom Tunguz

Web3 is just beginning to blossom, creating new distribution channels that will power another wave of innovation. I remember joining in 2008, a green product manager out of Google who had just landed his dream job. Many of the greatest companies have been founded during difficult market conditions. This era will be no exception.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Doubling Down: Peter Specht, Partner at Creandum

SaaStr

We had a great one last time with Harpinder Singh, Partner at Innovation Endeavors. Creandum led the first institutional round in 2008 and it became Europe’s largest tech company to go public ten years later. Check that out here. This week we’re focusing on Peter Specht, Partner at Creandum! #1. Why did you do the deal?

Payments 281
article thumbnail

Seeking a Distribution Advantage with AI

Tom Tunguz

Great companies transform a technology innovation into a go-to-market advantage. The iTunes store launch in 2008 enabled Uber. In the last five major cycles (internet, social, mobile, cloud, web3), startups seized the new technologies of the era to create a distribution advantage.

AI Search 217
article thumbnail

The Disappearance of the Fundraising Demo

Tom Tunguz

The web was still the center of innovation. And the demo provided founders a chance to explain these innovations. The fundraising pitches of 2008 highlighted leading indicators of success: the product, the vision, the team. It was the height of the Web 2.0 The iPhone was just a year old and mobile hadn’t blossomed yet.

Scale 189
article thumbnail

Google F1 and The Cascade of Innovation New Databases Create

Tom Tunguz

The NoSQL movement launched officially in 1999 but rose to prominence much later perhaps closer to 2008 when Hadoop and other key value pair technologies became en vogue. The pace and breadth of innovation in databases is accelerating. Today, it’s hard to argue with the success of the movement. When I left, I counted more than 70.

article thumbnail

The 18 Awesome Women of SaaS in Asia

SaaStock

In 2016, she moved to Hong Kong to head Innovation at HSBC. Since 2008, she has been on the SAP team. It’s SAP’s innovation university and community, united around the company’s commitment to sustainable development. She has led marketing and communications and strategy at Samsung and PwC, among others.