In Defense of Banks and Bankers
Jamie Dimon JP Morgan It’s a hard time to be a banker. I’ve had this post in my draft folder for a long time, held back from finishing and posting it by the concern that, at least until...
View ArticleSquare Puck
Replica of first hockey puck ever used (it actually was square-ish) Square Puck: sounds dangerous, right? I think it is. There’s a famous/trite expression, commonly cited in the venture business,...
View ArticleTokenization and the collapse of the four-party payment model
[This post originally appeared on forbes.com here: http://www.forbes.com/sites/bruceupbin/2013/02/15/tokenization-and-the-collapse-of-the-credit-card-payment-model/] It’s been a fascinating couple of...
View ArticleRedefining FinTech
I’ve spent the better part of my career investing in technology companies involved in financial services. Given that, it’s a bit surprising how much I hate the term FinTech. Historically, FinTech has...
View ArticleRace to the Bottom
I’d like to think that the vast majority of the investments we make are in companies whose products and services are not commodities, and not subject to the brutal forces of commoditization. In those...
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