When you had 6 minutes to speak with Alexa Von Tobel about all issues fintech, what questions would you ask?
For these new to the fintech trade, let me fill you in. Alexa is the Founder and Managing Associate of Impressed Capital and was the Founder and CEO of LearnVest, a wealth administration platform she offered to Northwestern Mutual for $250 million in 2018. She can also be the writer of Financially Fearless and Financially Ahead. All that is to say, Von Tobel is a long-standing professional within the fintech trade.
I used to be lucky sufficient to have the chance to talk with Von Tobel at FinovateFall final month. Listed below are a few of the highlights of our dialog.
Dealflow in fintech has modified so much this yr. After I requested Von Tobel what we are able to anticipate transferring ahead, she mentioned that the fintech trade is filled with dry powder. She mentioned to disregard the spike in funding that has occurred previously couple of years, and as a substitute sit up for the longer term. “That is when the most effective builders come out,” she mentioned. “When occasions get robust is while you see resilient, dedicated founders saying that they need to construct a enterprise. I need to meet these founders.” Actually, Von Tobel is worked up concerning the downturn as a result of it should convey out the mission-oriented builders and founders which are looking for to repair the large gaps within the trade.
In our interview, we additionally checked out retirement. In line with Von Tobel, retirement seems totally different right this moment, thanks partially to the gig financial system. Many individuals need to depart their full time job to work in a extra versatile setting that enables them to decide on how steadily to work. On the flip aspect, younger persons are additionally looking for extra flexibility of their working setting, and since they aren’t working the standard 9 to 5 profession, they want options to save lots of for his or her retirement that match this distinctive want.
Von Tobel additionally shared the highest tendencies she expects to see rise within the subsequent few years and supplied up recommendation for founders of mid-to-late stage firms who’re having problem discovering VC funding in right this moment’s setting.
Catch the complete interview under.
Photograph by Castorly Inventory