Equity Fintech, edtech, and SaaS are not dead
6 snips
Feb 7, 2024 This discussion dives into the vibrant world of startups. Vertical SaaS is thriving, with Goodshuffle raising $5 million. SUMA Wealth's focus on the Latinx community showcases fintech's potential. Meanwhile, Bluesky and Blush highlight exciting movements in social media and dating apps. The educational tech landscape is buzzing, with Klas securing funding for its initiatives. As venture capital evolves, there's a new UK fund on the horizon, signaling renewed optimism for startups.
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Vertical SaaS Strategy
- Vertical SaaS targets outdated industries relying on manual processes.
- It involves building software solutions and capturing market share quickly.
Fintech Funding Still Possible
- Fintech startups can still secure funding despite the current narrative.
- However, demonstrating exceptional performance, like Suma Wealth's significant user and revenue growth, is crucial.
Farcaster's Rise
- Farcaster, a decentralized application network, gained traction with its user-friendly app, Frames.
- The easy signup process, without requiring crypto expertise, makes it similar to Web 2.0 platforms.