Tuesday, February 28, 2017

My Impressions: FinTech 完全解析

So I guess marketing really got to me again.  Seems like I get sold on buying books very easily, but I’m not so good at getting people to buy stuff.  Bought both books for 3 dollars or so. 



FinTech packaging really oversold the book.  On the cover it mentioned about all the 6 new business models and made it sound like it would be an in-depth analysis of all the 6 models.  Instead, 6 FinTech models were just listed for 1 page each with a pretty picture.  That part was a huge let down…

They are:
          1. P2P Lending
          2. Virtual / Crypto Currency
          3. 3rd Party Payment
          4. Crowd Funding
          5. Online Exchange
          6. Personal Finance

What I learned basically is there are tremendous innovations going on in Financial Technology.  Banks have to really up their game if they want to be around in the future.  Taiwan is really, really behind in this space…  Israel is really, really good in this space. 

The whole book could probably be shortened (not even using the term ‘condense’) into 2 pages.  I pretty much summed up everything. 

I guess I still have to finish reading the other one on growth hacking…  Now at least my expectations are very, very low for it.  I could’ve used the $3 for two cheeseburgers.  

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