093 - How Easy Money Led to Down Rounds for Klarna, BlockFi and Co.

<p><span style="font-weight: 400;">When people feel that money is easy to get, it destroys incentivization. Today’s episode is about the issues that FinTech startups are now experiencing due to the availability of easy money. </span></p> <p><span style="font-weight: 400;">If you found value in this episode, I would really appreciate if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this podcast and help their companies!</span> <span style= "font-weight: 400;">If you are on Apple, just </span><a href= "https://podcasts.apple.com/ch/podcast/compliance-that-makes-sense/id1535160531"><strong>click here to review</strong></a><span style="font-weight: 400;">, select “Ratings and Reviews” and “Write a Review” and tell me what your favorite part of the podcast is. </span></p> <p> </p> <p><strong>Today's episode:</strong></p> <p><span style="font-weight: 400;">[00:42] Introducing today’s topic: the problem of easy money. </span></p> <p><span style="font-weight: 400;">[01:14] Why airports are experiencing so many issues at the moment. </span></p> <p><span style="font-weight: 400;">[03:08] How people often behave when they feel that money is easy to come by. </span></p> <p><span style="font-weight: 400;">[03:42] Factors that have led to the creation of an illusion of financial abundance.</span></p> <p><span style="font-weight: 400;">[05:07] My thoughts on some of the startup valuations that I have been seeing. </span></p> <p><span style="font-weight: 400;">[05:55] Examples of mistakes that some of my clients have made as a result of the illusion of abundance.</span></p> <p><span style="font-weight: 400;">[07:00] Business elements that investors are interested in right now. </span></p> <p><span style="font-weight: 400;">[07:46] What the future holds for many FinTech startups.</span></p> <p><span style="font-weight: 400;">[08:24] Reasons that signal that we are not yet at rock bottom.</span></p> <p><span style="font-w