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All these finance companies keep trying to brand themselves as "tech companies" when they're really just technologically literate banks, even ycombinator is lik
by swiley 7y ago
All these finance companies keep trying to brand themselves as "tech companies" when they're really just technologically literate banks, even ycombinator is like this.
- mulmen 7y agoAre there any technologically illiterate banks? Between banking and insurance where did technologists operate at scale pre-internet (WWW)? Even with the rise of the internet banks were quick to adopt online features. Even my small credit union in Idaho had online banking in the 1990s. If Facebook, Google and Amazon are technology companies banks definitely are.
- kortilla 7y ago> If Facebook, Google and Amazon are technology companies banks definitely are. Only if the banks actually write the software. A credit union that pays someone else for an online banking solution is as much of a tech company as the motel that pays for an online reservation system. At that point the term is useless.
- deleted 7y ago[deleted]