Rejecting the gold rush of ‘pick and shovel’ analogies
mattford.substack.com
Don’t get me wrong, I love a good analogy – it helps turn a complex topic into something relatable and digestible. My previous blog, Banking-on-a-Headache, for instance, references the fintech-AWS comparison. But, as an active investor in the embedded finance space, I feel the current trend of comparing fintech infrastructure to ‘picks and shovels’ falls short of communicating the real value and potential of such platforms.
Rejecting the gold rush of ‘pick and shovel’ analogies
Rejecting the gold rush of ‘pick and shovel…
Rejecting the gold rush of ‘pick and shovel’ analogies
Don’t get me wrong, I love a good analogy – it helps turn a complex topic into something relatable and digestible. My previous blog, Banking-on-a-Headache, for instance, references the fintech-AWS comparison. But, as an active investor in the embedded finance space, I feel the current trend of comparing fintech infrastructure to ‘picks and shovels’ falls short of communicating the real value and potential of such platforms.