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3 Ways Technology Is Changing Small Business Lending

YoungUpstarts

In 1994 Microsoft co-founder Bill Gates said, “retail banks are dinosaurs, they can be bypassed,” in a Newsweek interview. Online calculators provide instant loan estimates, loan applications can be completed and submitted in a matter of minutes, and sophisticated web-based technology helps accelerate the credit decision process.

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Stitch Fix: Reinventing Retail Through Personalization

abovethecrowd.com

Despite Benchmark’s strong association with ecommerce during the late 1990’s due to the success of companies like eBay, we have not been particularly active in ecommerce in the past several years. For starters, the business metrics are quite compelling. To be candid, I entered my first meeting with the company with some skepticism.