A well-considered brand, a financial betting website on Ethereum blockchain, raised funding for its barebones system that resembles a Las Vegas casino.
The current financial process forces people to have a deep understanding of financial mechanisms, which may hinder their ability to provide value in higher layers. However, the promise of converting data into money, where explicit transactions can occur, could lead to frictionless transactions and massive innovation in the digital world.
The growth share matrix or Boston Box is a popular tool developed by McKinsey to analyze market share and growth. McKinsey's three by three matrix is the imitation of the Boston Box but considered less effective.
Financial services providers in the digital world are consolidating categories and offering high retention products for cheaper prices, putting pressure on old school offline companies to do the same. This could lead to big businesses creating their own payment strategies to save money.
The podcast features stories of successful entrepreneurs who made millions from their startups. The guest speaker in this episode talks about his experiences of selling a company for $600 million dollars and how he earned $13 by selling a million chips in a game.