Drobny: Financial services represent massive profit pools ripe for fintech disruption
Steve Drobny · Steve Drobny – Where the World is Going at Clocktower Group (Manager Meeting, 30) · May 5, 2022 · at 26:00
Steve Drobny, founder of Clocktower Group, outlines the macro thesis driving their venture capital investments in financial technology.
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“And by the way, the thesis behind FinTech is that in every country in the world, financial services is generally somewhere between 10 to 20% of market cap and GDP. And so if you can disrupt that, that's a big piece of profits and revenues to go after and build good businesses on.”
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