[This post originally appeared on forbes.com here: http://www.forbes.com/sites/bruceupbin/2013/02/15/tokenization-and-the-collapse-of-the-credit-card-payment-model/] It’s been a fascinating couple of weeks in...
Matt Harris
Matt is the co-founder and Managing General Partner of Village Ventures, focusing on financial services. Some of his key investments include BlueTarp, Consumer United, Dwolla, iSend, On Deck Capital, Simple, TxVia and Zipmark. Matt is also the Managing Director of Bain Capital Ventures focusing on same sector. Earlier in his career, Matt worked at Bain Capital in the private equity group.
The central theme of most of Matt’s investing has been the secular trend of increasing penetration of non-financial institutions into the financial services industry. Much of that thesis is laid out in this blog post (http://mattftw.com/financial-services/in-defense-of-banks-and-bankers-aka-tldr/), but the basic idea is that banks and other FIs are becoming more and more like regulated utilities, leaving lots of space within payments, lending, capital markets and insurance for entrepreneurial companies to take market share. If you’re working on something that plays on these themes, Matt would love to hear from you.
Matt went to Williams College, graduating in 1994 with a degree in Political Economy. Matt was the Captain of the Williams College Rugby Club for his junior and senior year, which as you can imagine consumed nearly all of his spare time.
Outside of work, Matt is delighted to spend time with his wife, Jessica, and their two children. He is the Chairman of the Board of the Williamstown Theatre Festival, a regional theater associated with Williams College. He is a Senior Advisor to Endeavor, an organization leading the global movement to catalyze long-term economic growth by selecting, mentoring and accelerating the best high-impact entrepreneurs around the world. Matt is obsessed with military history, and some day will write a book connecting the strategy and tactics of insurgency with what he has learned about entrepreneurship.
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Tokenization and the collapse of the four-party payment model
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Salesmanship of Fools
I was talking to a fellow VC the other day, who I know but not well, and he was clearly...
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Square Puck
Square Puck: sounds dangerous, right? I think it is. There’s a famous/trite expression, commonly cited in the venture business, about...
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In Defense of Banks and Bankers
It’s a hard time to be a banker. I’ve had this post in...
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Job Creationism
I started my investing career doing leveraged buy-out deals at Bain Capital, working directly for Mitt Romney and his then...
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The End is Near (ish)
There is an article making the rounds (link: here) forecasting a drought in late stage fundraising coming soon: “When?...
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Tear Down This Paywall
I was speaking with a friend of mine, an incredibly talented New York Times reporter and great friend, about the...
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A Nation of Switchers
I was on a call with a senior guy at one of my portfolio companies recently, and asked him what...
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Intentionality
It never ceases to amaze me how frequently startups manage to beat large companies. I was in a big bank...
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Finding More Great “Criminals”
As Balzac once said, “Behind every great fortune lies a great crime.” In the past few weeks, we have been...


















































