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Disintermediation is one of the oldest stories of the internet. From the 1990s onward people have been making the obvious case that the internet is a revolutionary communications platform that can remove the middleman and his cut from all sorts of transactions leaving the parties on both side of the deal to share the spoils.
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After his interview, I took the stage again, along with Michael Cagney (CEO, Social Finance), Steve Ellis (Head of Innovation, Wells Fargo) and Ben Milne (CEO, Dwolla) for a debate on whether millenials would stop using banks. I was assigned to debate in favor in the stance that they would. employ 60K people in 11 countries.
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After his interview, I took the stage again, along with Michael Cagney (CEO, Social Finance), Steve Ellis (Head of Innovation, Wells Fargo) and Ben Milne (CEO, Dwolla) for a debate on whether millenials would stop using banks. I was assigned to debate in favor in the stance that they would. employ 60K people in 11 countries.
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