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As my partner Rob Go has written , our goal is to invest half in consumer web and mobile and half in business-focused ventures. Ecommerce has transcended merely shipping a box to your home — it’s about leveraging mobile plus the internet to create an elegant purchasing experience previously unavailable.
Analyzing in a general way, what appears with much emphasis is a disintermediation movement, in particular the banks. You can also see the reduction or elimination of fees, de-bureaucracy of processes that can be slow with review and release of credit within minutes.
But the most significant changes from 2004 to today include the rise of fast mobile networks and broadband, breakthroughs in communications technology, and a shift towards decentralizing educational opportunities. In many places, mobile data and hardwired internet were still billed based upon usage.
Another industry being disintermediated by technology: Gaming Faces Its Archenemy: Financial Reality – [link]. Digital Ad Growth Slows, but Mobile Increases | AllThingsD – [link]. Four paths marketers must take to put mobile first | Econsultancy – [link]. Web Layouts for Mobile App Landing Pages – [link].
The great RockMelt social disintermediation – [link]. The 4G forgery – T-Mobile does not have a 4G network – [link]. Business plans for entrepreneurs: the three ‘Rs’ – Part I – [link]. Important insight – Harsh Realities From 500 Startups Founders – [link]. SPEC Campaign [link].
At Virgin Mobile USA, Mari led early initiatives in mobile commerce, social networking and advertising. Urs Cete, the Head of Bertelsmann Digital Media Investments , notes, “If you think you can provide just money, you will be disintermediated.”. Mari Holds a B.A.
mobile) and/or new or differentiated supply. At Version One, we are more inclined to invest in businesses where the services are as commoditized as products so there isn’t supplier preference nor disintermediation. Services marketplaces. Uber and Lyft have created one of the largest marketplace categories. B2B marketplaces.
The current crop of Analytics tools are getting better and better at the known knowns , the process of disintermediation of the humans doing that work is only going to accelerate… And then that work will disappear. As close to perfect data, with little to no instrumentation, because it will all already be built in. Still, a solvable problem.
The most documented example of this is M-Pesa’s mobile money platform in Kenya, which I have written about a few times on this blog, including in my thesis piece When Third is First. Over 30% have used mobile banking in the past month, a mode of banking that is currently more efficient in Nigeria than it is in the United States.
Quite simply, the digital, mobile, and Internet revolutions are transforming the way customers access financial products and services of all types, and across all consumer and business sectors. How is the real / impactful is the world of mobile payments and where is it going? What does financial disintermediation really mean?
Mobile CRM. The evolution of business is all about the reduction of latency and disintermediation through technology, as in the elimination of human action. We have reached a point of disintermediation where we no longer even want to go to them, we expect that a tweet will be responded to substantively in a matter of minutes.
The most documented example of this is M-Pesa’s mobile money platform in Kenya, which I have written about a few times on this blog, including in my thesis piece When Third is First. Over 30% have used mobile banking in the past month, a mode of banking that is currently more efficient in Nigeria than it is in the United States.
Mobile Payments: The Trillion Dollar Industry That’s Never Happened. Mobile payments are the trillion dollar industry that everybody’s been waiting for but has never materialized. But nearly everyone has wrongly placed emphasis on the mobile technology part and not on the payments aspect. June 12, 2012.
Then, layer in elements of the kinds of companies funded by angel investment groups and early stage venture capital firms – i.e. focused on hot technology spaces like mobile commerce, healthcare information technology and possessing fast-scaling revenue and thoughtful “Porter Five Forces-Friendly” business models.
I believe that a mobile-first service leveraging good logistics and workflow could drive down the overall cost while at the same time paying the best caregivers more money and offering higher utilization. This may make disintermediation a big challenge. 1) Value-add from the mobile app. 3) Value in guaranteed work / payments.
I had alluded to this in a piece I wrote in 2015 – Are Banks the Next Dinosaurs?: “Twenty years from now, we will see disintermediation of banks, and millenials will no longer recognize the current banking system as they will receive financial services from a number of new entrants in the technology sector.
A few weeks ago my partner Albert Wenger wrote about Facebook being unbundled: "Facebook's Real Mobile Problem: Unbundling" where he opined that "mobile devices are doing to web services what web services did to print media: they unbundle." In other words, publishers and bookstores will be unbundled.
The disintermediation potential there in what’s happening today in certain verticals is absolutely a byproduct. Neil Crist: Without question. I think I was taking the customer experience first point of view, which is an argument, but you’re right. John Jantsch: Let’s talk about-. Neil Crist: Yeah.
The ride experience is better in an UberX than a taxi, uberX is cheaper than a taxi, and on demand mobile booking, payments, etc make it way more convenient. M arketplace businesses are the classic example of this because they disintermediate the supply chain and offer a more free exchange of products between buyers and sellers.
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