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LFP008 - London Fintech’s Strengths and Weaknesses with Richard Goold of Wragge Lawrence Graham
I have given this episode a huuuge write-up as it’s such a vital topic. So if you don’t want to read 2,500 words, listen instead
Let’s simplify a Fintech’s journey into three schematic stages:
Stage 1: “turning an idea into a productâ€
Stage 2: “turning a product into a businessâ€
Stage 3: “turning a business into a grown-up business†(IPOs, M&As etc)
In recent months I have come to see as London Fintech’s greatest strength in-depth right now as Stage 1. We could call this a Fintech-Startup … building your plane, taxiing to the runway, then accelerating…
The skinny
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