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Alexa von Tobel has high hopes for ‘fintech 3.0’
- Alexa von Tobel, founder of Learnvest, reflects on her journey after selling the startup to Northwestern Mutual for $250 million and discusses the launch of her early-stage venture firm, Inspired Capital.
- Von Tobel emphasizes the importance of a deep commitment to entrepreneurship in Inspired Capital and expresses optimism for fintech 3.0, focusing on fundamental product reinvention.
- She highlights the experience around Learnvest's acquisition and the subsequent digital transformation at Northwestern Mutual, where she served as chief digital officer and chief innovation officer.
- Von Tobel narrates the hectic period of closing the deal days before giving birth and explains her decision to leave Northwestern Mutual after four years to start Inspired Capital.
- Inspired Capital's unique approach includes long-duration capital focus, a team with extensive business building experience, and operating as a cohesive unit to support portfolio companies.
- Von Tobel stresses the importance of tackling hard business challenges for defensibility and sees a need for startups to reimagine financial products amid changing economic and demographic landscapes.
- She discusses the opportunities in fintech for startups to address issues like financial inclusivity, income inequality, and job loss due to AI, envisioning a wave of deep product reinvention.
- Von Tobel shares criteria for evaluating winning startup teams, emphasizing powerful insights, non-obvious ideas, long-term vision, and founder resilience.
- Her passion for building solutions to significant societal problems drives her investment approach, looking for founders who can deliver bold, transformative solutions.
- The interview provides insights into Von Tobel's entrepreneurial journey, her experiences at LearnVest and Northwestern Mutual, and her vision for the future of fintech and venture investing.
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