Fintech Leaders cover image

Fintech Leaders

David Haber, a16z General Partner - Building Fintech Giants, Leading With Software, What Makes a Truly Great VC

Jul 16, 2024
David Haber, General Partner at Andreessen Horowitz, has a rich background in fintech, having founded Bond Street, which was acquired by Goldman Sachs. In this conversation, he shares invaluable lessons on hiring talent, emphasizing the need for 'humble confidence.' He discusses the vital role of storytelling for entrepreneurs and the future of fintech, showcasing emerging trends and innovations. Haber also highlights what makes a great venture capitalist, including quick decision-making and learning from mistakes, while expressing excitement about the collaborative future in the fintech landscape.
35:42

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • David Haber emphasizes the importance of hiring individuals with humble confidence, fostering a collaborative work culture through mutual respect.
  • He discusses the challenges in small business lending, highlighting outdated underwriting processes that hinder access to capital despite significant business revenues.

Deep dives

The Importance of Humble Confidence in Hiring

A key lesson emphasized is the significance of hiring individuals with humble confidence. This quality allows experienced team members to appreciate the contributions of less experienced colleagues, fostering a collaborative and supportive work environment. For example, David Haber recalls hiring Jerry Weiss at Bond Street, who brought extensive experience while demonstrating a willingness to learn from a younger team. Such humble confidence establishes a culture that thrives on mutual respect and shared learning.

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner