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Finovate Fall 2016 Live Blog – Day 1

William Mills

Built a workflow for the bank so the bank can approve payment and see all compliance and tax information. Also a pretty good customer experience. operation of Russian-based company. Product Development and Operations are headed by Anu Shultes who is a well-known and highly respected gift card industry expert.

Mobile 40
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242 Startup Failure Post-Mortems

CB Insights

The Pivot : We came up with a fresh take on the plethora of AR-style apps that create visual effects based on face detection and tracking… [Poor user experience] had a big impact on our retention metrics. Title: ChaCha, unable to find financial answers, shuts down operations. The clock kept ticking. Product: Quidsi.

Company 78
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From Alibaba to Zynga: 21 Of The Best VC Bets Of All Time And What We Can Learn From Them

CB Insights

Both Lefkofsky (with Groupon) and Kleiner Perkins (with Cerent) were able to win so big in part because they had hands-on operational roles in their investments. Later, the retail giant sold its entire e-commerce operations in China to JD.com. In comparison, USV’s investment in Lending Club came late. When Snap Inc.

Lending 78