/biz/ - Business & Finance

>>18892577
>what is a startup
The problem is that there are too many people here who are either young or who are underachievers and therefore have no idea how the world works. Startups sell to expand their operations... it's the whole point.
https://www.holloway.com/g/equity-compensation/sections/startups-and-growth

Sergey literally comes from a VC background. Its part of the reason this works... he's not some tech autist who is trying his hand at leadership, he's solely focused on BD and has been in space since 2013.

Also here's latest team pic: https://twitter.com/linknewsoracle/status/1216501832111067136

https://www.businessinsider.com/insanely-successful-philosophy-majors-2015-11

It actually wasn't AB initially but rather people digging into the SWIFT backstory and seeing the broader picture.

https://www.coindesk.com/swift-sibos-blockchain-contest-winners

>‘The family table’

>This wasn’t the last of blockchain at the day’s events, though, as Swift director and deputy head of investor services at SEB, Göran Fors, joined the three winners at “the family table” in the center of a room filled with about 150 Swift clients.

>There, Fors said that Swift has been looking into blockchain for the past 18 months, something he took particular interest in due to his role at SEB Group, a Swedish financial conglomerate that last year generated SEK 44.14bn ($5.16bn).

>“Disruption is something that I as a user want to see,” said Fors.

>Yet, he cautioned that new technology should also generate new business opportunities, not “just shift the way of doing things”.

>Smart Contracts CEO Sergey Nazarov told the audience he was “surprised by the appetite” that senior executives at Swift had for implementing the technology in the near term. Further, he advised audience members to adopt similar strategies.

>“The real decision corporate folks have [to make], ‘Is this a sustaining innovation or a disrupting innovation?’ In either case, the sound investment is getting your system ready and cryptographically connected to these networks,” he said.

Also a lot of time buried in the whitepaper, understanding the deep links to both academia and the institutional/corporate world. Unlike most projects that started up with a few tech guys, here we had Sergey who grew up in the VC space, Steve who was did the Ruby implementation and then top technical advisors around him.

https://twitter.com/mreed_bchain/status/1154458373200285696

>task has been started