Angela Strange

11 statements across 2 episodes · 7 bullish · 1 bearish · 1 people on the record · first statement Sep 8, 2020 by Angela Strange · said 9 times in 5 episodes since 2019 · across every show →

On the record as a speaker too: Angela Strange's record, appearances and statements → this page counts the times other people say the name.

Mentions by year

brought up most by Harry Stebbings (8), Mamoon Hamid (1)

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Everything said about Angela Strange, oldest first

Sep 8, 2020 positive
Insight
Strange: Software startups gain high retention by becoming systems of record
“The most exciting insertion points are insertion points where you can become the system of record. And that is very hard because usually even if it's a shitty system of record, one exists. It's been building up over the years. It's got tons of data. It's very …”
Angela Strange Sep 8, 2020 ▶ 16:33 20VC: a16z's Angela Strange on Why Every Company Will Be A Fintech Company, How Founders Should Think About Niches and Optimal Insertion Points, How To Transition To Become The System of Record & Are We Entering A Period of Bundling Or Unbundling for Fint
Sep 8, 2020
Insight
Strange: Startups can become systems of record through two main strategies
“Becoming a system of record can be stage one of your business, which Carta very cleverly figured out, but it could also be a Stage two of your business, which is solve a very valuable problem for a customer that they're willing to pay for, and over time, you e…”
Angela Strange Sep 8, 2020 ▶ 19:54 20VC: a16z's Angela Strange on Why Every Company Will Be A Fintech Company, How Founders Should Think About Niches and Optimal Insertion Points, How To Transition To Become The System of Record & Are We Entering A Period of Bundling Or Unbundling for Fint
Sep 8, 2020 bullish
Prediction Not checkable as stated
Strange: Every consumer and business company will embed financial services
“Similarly, we are going to see, and we are already seeing, an explosion of financial services. Which is new neobanks, new, directly new fintech companies, but then more to the point, all of these consumer companies, all of these business companies are adding f…”
Angela Strange Sep 8, 2020 ▶ 7:59 20VC: a16z's Angela Strange on Why Every Company Will Be A Fintech Company, How Founders Should Think About Niches and Optimal Insertion Points, How To Transition To Become The System of Record & Are We Entering A Period of Bundling Or Unbundling for Fint
Sep 8, 2020
Insight
Strange: Fintech competition is incumbent innovation versus startup distribution
“The battle between the incumbent and the startup is whether the incumbent can get innovation before the startup gets distribution. And that applies to any industry, but it applies especially to financial services because getting customers is so damn difficult.”
Angela Strange Sep 8, 2020 ▶ 10:56 20VC: a16z's Angela Strange on Why Every Company Will Be A Fintech Company, How Founders Should Think About Niches and Optimal Insertion Points, How To Transition To Become The System of Record & Are We Entering A Period of Bundling Or Unbundling for Fint
Sep 8, 2020 bullish
Opinion
Strange: Large, profitable businesses will serve the bottom 25% of the economy
“I believe that there are large for-profit businesses that consumers will love that are still to be built that are going to serve the bottom 25% of the economy.”
Angela Strange Sep 8, 2020 ▶ 29:45 20VC: a16z's Angela Strange on Why Every Company Will Be A Fintech Company, How Founders Should Think About Niches and Optimal Insertion Points, How To Transition To Become The System of Record & Are We Entering A Period of Bundling Or Unbundling for Fint
Sep 8, 2020 positive
Insight
Strange: Top board members ask unique questions and work unprompted
“The best ones have these two things in common. One, they ask really good questions from a unique point of view. So that's either their world-class sales, the best at building brands, or they prescribe to the Charlie Munger worldly wisdom and just look at the w…”
Angela Strange Sep 8, 2020 ▶ 29:09 20VC: a16z's Angela Strange on Why Every Company Will Be A Fintech Company, How Founders Should Think About Niches and Optimal Insertion Points, How To Transition To Become The System of Record & Are We Entering A Period of Bundling Or Unbundling for Fint
Sep 8, 2020 bullish
Insight
Strange: LatAm banking will be delivered via mobile, not bank branches
“So I've got a few investments down there. I hope to make more. If you wanted one chart, you would look at credit card penetration per country. So let's take Columbia where I have a great team there. It's about 14%. It's been stagnant for years. Smartphone pene…”
Angela Strange Sep 8, 2020 ▶ 31:05 20VC: a16z's Angela Strange on Why Every Company Will Be A Fintech Company, How Founders Should Think About Niches and Optimal Insertion Points, How To Transition To Become The System of Record & Are We Entering A Period of Bundling Or Unbundling for Fint
Aug 19, 2021 bullish
Insight
Soaring Round Valuations Are Justified for Market Category Winners
“And if you think that they can be number one, maybe even number two across very, very large categories, then it probably looks expensive at the time, but not so expensive in retrospect.”
Angela Strange Aug 19, 2021 ▶ 28:15 20VC LATAM Part 2: a16z's Angela Strange on When To Expand Beyond Your Core Market, Why Serving the Unbanked is Such Good Business & Whether the Startup Will Acquire the Distribution before The Incumbent Acquires the Innovation?
Aug 19, 2021
Insight
Terrible Employees Often Make Fantastic Startup CEOs
“Terrible employees often make fantastic CEOs.”
Angela Strange Aug 19, 2021 ▶ 30:03 20VC LATAM Part 2: a16z's Angela Strange on When To Expand Beyond Your Core Market, Why Serving the Unbanked is Such Good Business & Whether the Startup Will Acquire the Distribution before The Incumbent Acquires the Innovation?
Aug 19, 2021 bearish
Disclosure
Passing on Nubank Was Angela Strange's Most Painful Investment Miss
“Oh, so many, but just the Latin American most painful one is NewBank. And this was early in my career in venture when I hadn't spent that much time in Latin America. And it seemed like a relatively high check at a relatively high valuation. And I didn't know t…”
Angela Strange Aug 19, 2021 ▶ 30:06 20VC LATAM Part 2: a16z's Angela Strange on When To Expand Beyond Your Core Market, Why Serving the Unbanked is Such Good Business & Whether the Startup Will Acquire the Distribution before The Incumbent Acquires the Innovation?
Aug 19, 2021 bullish
Assertion Not checkable as stated
Jeeves' Orchestration Layer Enables Seamless Cross-Border Scalability
“And they have Built this orchestration switching layer on top, such that by definition, their platform is going to be seamless from country to country. It's going to reconcile in the back end. It's just like a very, very clever way of approaching the problem t…”
Angela Strange Aug 19, 2021 ▶ 35:49 20VC LATAM Part 2: a16z's Angela Strange on When To Expand Beyond Your Core Market, Why Serving the Unbanked is Such Good Business & Whether the Startup Will Acquire the Distribution before The Incumbent Acquires the Innovation?
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