The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch cover image

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

20VC: Plaid and Column Co-Founder, William Hockey on Why the Brands that Win in Fintech Will Not Be Financial Services Brands, What US Banking Can Learn from China & Why Companies Can Be Built Slower than People Think?

Dec 2, 2022
50:28

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Building within regulatory boundaries allows for a stronger foundation and the ability to offer secure and compliant financial products.
  • Long-term success in the startup world comes from focusing on the problems at hand and delivering meaningful solutions, rather than seeking external validation or fame.

Deep dives

Building within the regulatory perimeter

The podcast episode discusses the importance of building within the regulatory perimeter in the financial industry. The guest, William Hockey, emphasizes that Silicon Valley is not well-equipped to handle regulated businesses. However, by embracing regulation and becoming a regulated bank, companies can create value and drive innovation within the system. Though it may require more resources and time, building within regulatory boundaries allows for a stronger foundation and the ability to offer secure and compliant financial products.

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