Posts tagged with Verticals

The top prerequisite for startups? Domain experience

Thanks to angel investors and VCs who have as much money to invest as Kool-aid to drink, young entrepreneurs with an idea and a dream increasingly have the opportunity to roll the dice.

Thankfully, most of them aren't trying to build the next Facebook. And while many are technology-focused, a growing number are industry-focused. If you look down the list of YCombinator-backed startups, for instance, you'll see quite a few that are targeting a traditional vertical.

To be sure, this is a good thing. While building a consumer internet media play is sexy, there are so many opportunities for new companies to apply technology to industry's greatest challenges. That entrepreneurs are increasingly trying to do so is a positive thing.

But how many of these startups will succeed?

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Yahoo's outsourcing: why the weak will get weaker

Yahoo's identity crisis is nothing new. And under the reign of the company's current CEO, Carol Bartz, Yahoo's identity crisis has arguably turned into an identity tragedy.

Nothing reflects that better than Yahoo's newfound 'product development' strategy: outsource everything to third parties, some of which were previously competitors. Recently, Yahoo outsourced Yahoo Personals to online personals competitor Match.com, and yesterday it was announced that Yahoo is outsourcing a good chunk of Yahoo Real Estate to real estate competitor Zillow.

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Can AOL find success in niches?

The CEO of newly-independent AOL, Tim Armstrong, knows that AOL's future is not its past. But that doesn't mean AOL can't recapture some of the glimmer it's lost over the years.

In an effort to accomplish that, Armstrong is changing AOL's its focus by, well, getting focused.

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