My pick of three highly-compelling, yet not over-hyped, early-stage technology startups to watch in 2019.
While most early-stage technology startups fail to return the invested capital, select few find a way to thrive and make it big, against all odds.
I am really excited about these three, little-known yet very promising ventures:
1.OpenPhone.co is a mobile app that adds a second phone number on your existing device. Keep your personal phone number, personal. Disruptive mobile phone technology SaaS app.
• This SaaS startup has the potential to impact the future of how people use their mobile phones. • In my view, this product is especially useful for small business owners and folks who are a part of the rapidly growing gig economy. • The company is already generating revenue, and hence ready to scale. • The startup has recently raised its series A round of financing, after graduating from Y Combinator, the world’s most respected startup accelerator whose alumni include the likes of AirBnB and Drop Box.
The status-quo trap is a common decision-making bias that often leads otherwise smart and accomplished business people, fearless startup founders, and decision makers of all stripes to making a decision that perpetuates the status quo, whether on the team, product, or company level.
Decision makers who are trapped in the status quo mentality (they are often not aware of it) tend to make “safe” decisions and will only consider alternatives that don’t violate the status quo.
Consider the example of Kodak, a once prominent maker of optical zoom cameras, that refused to see digital cameras as an emerging and disruptive technology and an alternative to the status quo. Refusing to embrace this new technology has resulted in a great missed opportunity for Kodak and ultimately lead to bankruptcy protection filing for the company.