<p>Fascinating interview. The scale of capital being deployed into fintech infrastructure is remarkable. The question is always whether the returns justify the investment.</p><p>We ask similar questions about capital allocation at Peacock Research. Our latest on Silicon Welfare explores how even $500B companies struggle with profitability: https://peacockcapital.substack.com/p/silicon-welfare</p>
Great insight into how the real moat in fintech is still infrastructure, workflows, and execution
<p>Fascinating interview. The scale of capital being deployed into fintech infrastructure is remarkable. The question is always whether the returns justify the investment.</p><p>We ask similar questions about capital allocation at Peacock Research. Our latest on Silicon Welfare explores how even $500B companies struggle with profitability: https://peacockcapital.substack.com/p/silicon-welfare</p>
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