StartupsJan 5, 2019
Goldman SachsVP🥺TC😭
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.
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.
Financial products don’t work like that. Value in gained over long term timelines.
There's absolutely nothing preventing companies from turning a profit selling financial products in a transactional way.