[nilanp]

1. The problem with financial services is customers are greedy - not banks 2. The challenge in building any business - is that they always start by trying to solve a problem - but power always corrupts 1. If google’s aim was to truly organise the worlds information or xxx would it behave like thsi 2. We say capitalism is good as through the pursuit of capital appreciation - these kinds of problems aggressively get solved but we reward financially - the creation of monopolies 3. This then leads to all kinds of things: styling of innovation; but also pronounces the accumulation of capital 4. The solution is whether you can construct a company in another way 5. I think its now clear that you strive to be too greedy - that power / money will eventually corrupt 1. Google search results 2. Uber vs lyft 3. Microsoft 6. But this process takes years

Building financial services in a way that doesn't corrupt is as hard / harder than building a serach engine / browser / car sharing company that will last for 1000s of years rather than decards