Remove Cost Remove Demand Remove Disintermediation Remove Internet
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The Final Edition

thebarefootvc

I had alluded to this in a piece I wrote in 2015 – Are Banks the Next Dinosaurs?: “Twenty years from now, we will see disintermediation of banks, and millenials will no longer recognize the current banking system as they will receive financial services from a number of new entrants in the technology sector.

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Better, Cheaper, More Convenient

Rob Go

The ride experience is better in an UberX than a taxi, uberX is cheaper than a taxi, and on demand mobile booking, payments, etc make it way more convenient. It would cost way too much money and way too many years of R&D and new patents to be able to create a razor that shaves more effectively. Some companies have all three.

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Are Banks the Next Dinosaurs?

thebarefootvc

However, I see growing awareness from traditional financial institutions that some of these innovations can help them reach not only vastly underserved markets but also digitally savvy consumers who are demanding better service at better price points. employ 60K people in 11 countries.

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The Boundaryless Era: the Time for Distributed Teams

ReadWriteStart

They’re low cost and capable of delivering specific — but mostly basic — engineering services. And as they do so, the demand for high-quality engineering talent is going up exponentially. And because of this, the demand for Silicon Valley caliber talent is growing exponentially. Toyota is a software company.

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Are Banks the Next Dinosaurs?

thebarefootvc

However, I see growing awareness from traditional financial institutions that some of these innovations can help them reach not only vastly underserved markets but also digitally savvy consumers who are demanding better service at better price points. employ 60K people in 11 countries.