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I think he means legacy finance - think IT department of Bank of America, not Stripe.
by decafninja 4y ago
I think he means legacy finance - think IT department of Bank of America, not Stripe.
- boringg 4y agoStripe = fin processing. I'm not talking legacy - I'm talking startups that are trying to take market from the bank through subsidized VC and repackage it to sell to the banks which feels like a lot of the fin services business model. If anything fin legacy (i.e. IT dept) probably pretty safe.