3 posts tagged with "news"

The intercompany payment process is complex and requires integration with various systems, especially accounting software. Routable is dedicated to solving this problem for the middle market (companies with $100 million to$500 million in revenue). What sets Routable apart is that it helps you manage both workflows and the actual flow of money. Recently, startups focused on bill management have been gaining traction. Should we consider buying some stock in bill.com?

1. Millions of users love the brands and leaders of these unicorns. Those tech giants have everything—except a way to achieve high profits.

2. Three things have changed over the past 25 years.

   1. The rapid growth of unicorn companies has become easier due to the development of cloud computing, smartphones, and social media.
   2. Low interest rates have provided returns for investors.
   3. Some well-known companies (such as Google, Facebook, Alibaba, and Tencent) have demonstrated that wealth primarily comes from:
      • large markets, high margins, and natural monopolies
      • limited physical assets and light regulation

3. Due to the contentious market for unicorns, profit margins have not consistently improved despite rapid sales growth.

4. The lightning-fast idea of buying customers at any cost has peaked. After unicorns, a new, more compelling entrepreneurial approach must be designed.

Alas! Andrew Grove said—success breeds complacency. Complacency leads to failure. Only the paranoid (those who embrace change) will survive.

1. Millions of users love the brands and leaders of those unicorns. Those tech stars have everything - except a path to high profits.

2. In the past 25 years, Three things changed.

   1. Growing fast became more accessible thanks to cloud computing, smartphones, and social media.
   2. Low interest rates left investors chasing returns.
   3. Superstar firms (e.g. Google, Facebook, Alibaba, and Tencent), proved that wealth is made by
      • huge markets, high profits, and natural monopolies
      • limited physical assets and light regulation

3. Because the unicorns’ markets are contested, margins have not consistently improved, despite fast-rising sales.

4. The blitzscale philosophy of buying customers at any price is peaking. After the unicorns, a new and more convincing species of startup will have to be engineered.

Alas! Andrew Grove says - Success breeds complacency. Complacency breeds failure. Only the paranoid (who embrace change) survive.