StartupsJan 5, 2019
Goldman SachsVP๐ŸฅบTC๐Ÿ˜ญ

Is the fintech business model sustainabile?

Financial products gain value over a long term steady growth trajectory. Tech startups move toward fast scalability and short term returns for investors. These two principles seem contradictory.

New
mdGG61 Jan 5, 2019

The taxi cab industry moves on a long term steady growth trajectory. Tech startups move toward fast scalability and short term returns for investors. These two principles seem contradictory.

Goldman Sachs VP๐ŸฅบTC๐Ÿ˜ญ OP Jan 5, 2019

Financial products donโ€™t work like that. Value in gained over long term timelines.

New
mdGG61 Jan 5, 2019

There's absolutely nothing preventing companies from turning a profit selling financial products in a transactional way.

Apple Snut Ella Jan 5, 2019

Fin tech isnโ€™t about growing assets. Itโ€™s about trading.

OpenTable Meliodas Jan 5, 2019

Fin tech is about capturing short term rent, not long term growth.