That seems to me to be the big problem! There's so much competition out there when it comes to payments that no one vendor can be expected to own the full stack. Feels like other smaller rivals are coming in with competitive offerings as well. So there's no room for complacency.
STARTUPS
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Adyen Loses $20 Billion Market Cap Amid Slowest Revenue Growth
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Adyen has for years been Europe's fintech darling. But last week, the payments giant saw $20 billion of market cap erased in a single day. The company saw its slowest revenue growth on record, hinting at structural issues with the firm's business model.
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Anti-drowning T-Shirt Automatically Transforms Into Lifejacket
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Anti-drowning T-Shirt!
— Pascal Bornet (@pascal_bornet) 21 août 2023
Kids t-shirt turns automatically into a lifejacket in the water… thoughts?
by Floatee via KAIZEN Made Easy#innovation #techforgood #tech pic.twitter.com/PTAGBzwg7DAnti-drowning T-Shirt! Kids t-shirt turns automatically into a lifejacket in the water… thoughts? by Floatee via KAIZEN Made Easy
#innovation #techforgood #tech -
Monetizing Passions: Scaling Marketplaces and Stories
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Listen now Apple: https://
podcasts.apple.com/us/podcast/mon
etizing-passions-scaling-marketplaces-and-stories/id1627920305?i=1000625025581
… Spotify: https://
open.spotify.com/episode/5VlJ9K
ZTqqwHgT9qibgWr4
… YouTube: -
Inflection AI Advances in Conversational AI Development
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great to chat with @wired about everything we are doing @inflectionai with @heypi_ai amongst other things. so much to be excited about, but so much still to do:
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Sakana AI chooses Tokyo over Silicon Valley for strategic advantages
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“The choice to be in Tokyo also reflects Sakana’s unconventional outlook. Others have clustered in global hubs like Silicon Valley to launch startups amid fierce competition. They intentionally went against the grain, believing Tokyo offers key advantages.”
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PicPlz Instagram Drama Echoes in Early iPhone App Wars
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If you remember what happened with the PicPlz/Instagram weird drama back in the early days of the iPhone, this one should sound a little familiar. Full story can be found here:
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AI Gold Rush: Navigating Investment Conflicts in LLM Startups
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Today's issue digs into a growing dilemma for investors: investing in the new gold rush in AI, while avoiding startups competing with their portfolio companies that are breaking into LLMs from the LAST AI gold rush
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The iPhone moment required ecosystem maturity before mainstream adoption
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The so-called "iPhone moment," though, was actually a lot more drawn out than people realize—we needed a foursquare, an instagram, an uber, and a few others for it all to make sense. And there was a tsunami of apps in all of those categories, most of which are lost to time.
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MLops Stack Race: Investment Dynamics and Market Competition
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It's not so dissimilar from the last mad dash to claim the MLops stack. And investors looking to tap into that wave have to still follow the general house rule of venture: don't invest in competing companies. And we actually saw this same thing happen during the "iPhone moment."