What's NerdWallet's Jake Gibson and Sheel Mohnot's fintech investing strategy at Better Tomorrow Ventures? Don't buy into the hype cycles.
Why? A lot of these biz models are things the incumbents have largely already won. They tend to be games of marketing spend and cost of capital, not games you can win as a venture backed company. And if you are winning that’s probably a bad sign.
Their big bet is in embeddable finance. Their portfolio company Unit is crushing.
Hear their full thesis on the future of fintech: https://youtube.com/watch?v=puOkL6r8utc&t=2683s
