Remove B2B Remove Disintermediation Remove Philippines
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Don’t drink your own Kool-Aid (surviving TC50)

Both Sides of the Table

Everybody thought the real substance was going to come from B2B eCommerce players that would deliver “real value&# by disintermediating supply chains … blah, blah, blah. We were it in Europe: B2B. Chemdex (Ventro), VerticalNet, Ariba, PurchasePro and CommerceOne were the new big boys on the block.

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Mobile Payments: The Trillion Dollar Industry That's Never - AgileVC

Agile VC

But the reason M-Pesa initially took off (and similar systems in the Philippines and elsewhere) is in developing economies prepaid mobile minutes are inherently a store of value parallel to the local currency. Also some of the mobile banking players are considering to build a parallel network that would disintermediate the card associations.

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