a16z Podcast: Money, Risk, and Software
a16z Podcast
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Innovating Payment Solutions in the Digital Age
This chapter explores the speaker's early ventures in business during the mid-'90s, highlighting their development of a program called Always Online to overcome connectivity barriers. It discusses the complexities of establishing credit card processing relationships and consumer perceptions of digital versus physical goods. Additionally, the chapter delves into the impact of FinTech on traditional banking, examining companies like Lending Club and their role in transforming credit and lending practices.
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