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The great RockMelt social disintermediation – [link]. 40 People Who Changed The Internet – [link]. Mike Samson, Co-Founder of @crowdSPRING on Community Building & NO!SPEC Business plans for entrepreneurs: the three ‘Rs’ – Part I – [link]. What I Wish I Knew Before I Started My Company – [link].
Quite simply, the digital, mobile, and Internet revolutions are transforming the way customers access financial products and services of all types, and across all consumer and business sectors. What does financial disintermediation really mean? Since being founded in 1998 LendingTree has facilitated more than 32 million loan requests.
Add to this mix banking industry consolidation causing smaller capital investments to just “not be worth the trouble” for way too big a swath of the industry and the sad reality is that banks are really no longer meaningful funding players in the small business communities in which they allegedly live.
This is what Dale Stephens of Uncollege has been saying to me for a while - that education is being unbundled into its component parts: content, teachers, credentials,community, physical campus, mentors, hiring and network. What if the power of connected networks such as the Internet is that they unbundle all that came before them?
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