Connect with us

TechCrunch

Why is every startup becoming a bank?

Why is every fintech or finservices startup becoming a bank? Partially because they can, partially because it can be lucrative, and partially because, we found out, it’s a way to juice customers that they’ve already paid to acquire. Want to make your CAC expenses look more efficient? Stretch out that LTV! TechCrunch is a leading…

Published

on

Why is every fintech or finservices startup becoming a bank? Partially because they can, partially because it can be lucrative, and partially because, we found out, it’s a way to juice customers that they’ve already paid to acquire. Want to make your CAC expenses look more efficient? Stretch out that LTV!

TechCrunch is a leading technology media property, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.

Continue Reading
Advertisement
2 Comments

2 Comments

  1. ingusmant

    November 12, 2019 at 11:39 pm

    If I had to guess it’s because it’s the only kind of startup that’s guaranteed to make money since the bank system has been ripe for disruption for not years but decades

  2. subarashi

    November 17, 2019 at 1:23 am

    what is the company name they are talking about which gives on bases of followers ?

Leave a Reply

Your email address will not be published. Required fields are marked *

Science & Technology

Mark Zuckerberg Has a Question for AI Doomers

Mark Zuckerberg dropped a 6,500-word letter detailing his vision for “The Path to a Positive AI Future.” Equity takes a closer look at one of his arguments: If you believe AI could eliminate most jobs and humanity’s relevance, why rush to build that future?

Published

on

Mark Zuckerberg dropped a 6,500-word letter detailing his vision for “The Path to a Positive AI Future.”

Equity takes a closer look at one of his arguments: If you believe AI could eliminate most jobs and humanity’s relevance, why rush to build that future?

Continue Reading

Science & Technology

Alignment Is Worth More Than a Bigger Check

More money isn’t always better. Manan Mehta from Unshackled Ventures breaks down why investors who understand your story, your purpose, and why you’re building can be far more valuable than a bigger check from someone who’s misaligned. Check out the full interview on Build Mode:

Published

on

More money isn’t always better. Manan Mehta from Unshackled Ventures breaks down why investors who understand your story, your purpose, and why you’re building can be far more valuable than a bigger check from someone who’s misaligned.

Check out the full interview on Build Mode:

Continue Reading

Science & Technology

Is Meta’s AI really ‘for everyone’?

Meta says AI should be “for everyone.” But is its AI actually accessible to everyone? The Equity podcast crew digs into the gap between Mark Zuckerberg’s vision and the hardware actually required to run Meta’s new open-weight model.

Published

on

Meta says AI should be “for everyone.” But is its AI actually accessible to everyone?

The Equity podcast crew digs into the gap between Mark Zuckerberg’s vision and the hardware actually required to run Meta’s new open-weight model.

Continue Reading

Trending