What is your position on attacking regulated industries that require significant up-front capital (e.g. banking)? Domains like these face significant chicken-or

What is your position on attacking regulated industries that require significant up-front capital (e.g. banking)? Domains like these face significant chicken-or-egg problems - you need financing in order to legally attack the problem, but without actually being in the market it's difficult to raise financing. YC seems invested in encouraging companies like these, but their domain necessitates a different approach than a traditional technology company.