In many ways, the important fintech categories are a race between traditional tech teams figuring out finance and financial services teams figuring out tech. Both archetypes of founders are creating incredibly interesting companies with fundamentally different approaches. Many fintech unicorns were started by A+ founders without financial services backgrounds: the benefit is that they could approach problems from a first-principles perspective (the “beginner’s mind”). Indeed, Robinhood, Stripe, Square, Transferwise, Earnin, and many others were built by first-time fintech founders.

https://a16z.com/2020/06/25/investing-in-runway/