1min chapter

a16z Podcast cover image

Every Company Is a Fintech Company

a16z Podcast

CHAPTER

Building Better Products to Serve the Poor

The people who understand the problems in their communities will likely build better products to serve them. Who better to build banking services for those on food stamps than entreperners who grew up on food stamps. Better products can spread more easily and cheaply thanks to new distribution channels like social media, as well as through non finte brands you already use. A product that is expedentially better than a status quo could spread by referl creating an organic growth cost advantage for the company....

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