397. Defying the VC Orthodox, Re-inventing Financial Services, Picking Righteousness Over Returns, and Why VCs Should be More Like Rick Rubin and Less Like Don Wilson (Dan Kimerling)
The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified
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Transition to FinTech and Investing Strategy
In this chapter, the speakers discuss their transition to FinTech and their focus on internet scale financial services companies. They also talk about their investment criteria, including the need for increasing returns to scale and operational leverage.
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