Routable: A Startup Solving Intercompany Payment Issues
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.
The Problem with Tech Unicorns
Over the past 25 years, unicorns have grown fast. Nevertheless, tech stars still do not have a path to high profits. Superstar firms have proved that wealth is made by huge markets, high profits and natural monopolies.
The Problem with Tech Unicorns
Over the past 25 years, the rise of cloud computing, smartphones, and social media has led to rapid growth for unicorn companies. However, those tech giants still struggle to find a path to high profits. Some well-known companies have demonstrated that wealth primarily comes from: large markets, high margins, and natural monopolies; limited physical assets and light regulation.