Finance Industry
topic on 4 shows · 8 statements across 8 episodes
Founder's Journal 
Capital Allocators 
How I Built This 
20VC
8 statements about Finance Industry, every show
Slava Rubin: Disrupting finance cannot be done from within traditional finance
“If you want to change finance, you can't do it in the finance world.”
Allebest: Investor returns are disproportionate to value created by workers
“Look at the people who invest in there in the finance industry and look at the, where the value flows versus where the work is being done. And it's just disproportionate.”
Sanchez: Finance Culture Stifles Curiosity by Equating Uncertainty with Low Intelligence
“Most people in finance, you know, there's almost like a downside to being curious. People think, well, your intelligence must be lacking because you don't have all the answers, and that's how a lot of financial people think.”
Libby: Finance professionals pretend to be risk-seeking but are actually risk-averse
“People in finance, we pretend that we're risk-on, but we're really risk-averse, and you need someone to help you build up the confidence to do that sometimes.”
Ellis: Finance careers quickly eliminate money worries, enabling optionality
“If you have any successful career in finance, the point where you're worrying about money for life goes pretty quickly. And so my view is you should use the fact that you can afford to live. That gives you options, gives you choices, and you should take those.”
Fadell: Financing SMB tech adoption represents a massive profit opportunity
“We are going to have to finance so many things, and this is where the finance industry can make a ton of money if they start looking at these small, medium-sized businesses And start looking at the technology that they could adopt if they were financed properl…”
Stein: Finance Initially Seemed Unexciting Because It Just Helps the Rich
“Finance was just like, ah, you know, it's like helping rich people get richer. That doesn't seem that exciting to me.”
John Henderson predicted in 2015 that blockchain would disrupt the financial industry
“So I'm hugely bullish on Bitcoin. I think, though, in the short term, there will be ups and downs and, you know, maybe a few more scandals. Long term, though, I think the blockchain or, you know, this ledger, public ledger technology will be fundamentally disr…”