Large Banks

topic on 3 shows · 3 statements across 3 episodes

the MAD Podcast the a16z Podcast 20VC

3 statements about Large Banks, every show

MAD Insight
LeCroix: Banks would not adopt AGI without enterprise governance controls
“Requirements I see for control and governance in enterprise make me think that even if I had some AGIS model on my servers right now, if I were to go into a large bank and say, Here is a thing. Please let it control everything for you. They wouldn't be happy t…”
Timothée LeCroix Feb 12, 2026 ▶ 56:37 Mistral AI vs. Silicon Valley: The Rise of Sovereign AI
a16z Assertion Supported
Strange: Up to 15% of large bank staff works in compliance
“So large banks right now, up to 15% of their staff is just in compliance.”
Angela Strange Dec 16, 2024 ▶ 2:18 When Regulation Becomes Code
20VC Prediction Not checkable as stated
Hockey: Non-financial software companies will dominate financial brands within ten years
“Over the next 10 years, the new financial brands that will win over time and that will be that dominant player are already probably brands today. They just aren't financial services brands. I think what will happen is these large banks that you and I have hear…”
William Hockey Dec 3, 2022 ▶ 47:52 William Hockey: How I Founded Plaid; The Ultimate Cold Email Tip; Hiring Lessons | 20VC #955 · 20VC with Harry Stebbings

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