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Quote By Naval Ravikant
All of the marketplaces like Prosper, LendingClub, etc., as they get larger, they flip from being retail capital to institutional capital.
Entrepreneur and Investor
Born: November 5, 1981
Naval Ravikant is an entrepreneur and angel investor promoting personal growth.
Explanation Of The Quote
Naval Ravikant discusses the evolution of fintech marketplaces as they scale, transitioning from retail-focused platforms to institutional capital providers. He highlights how growth changes the nature of these businesses. This quote inspires entrepreneurs in fintech to anticipate shifts in audience and funding as they scale. Ravikant’s wisdom reflects the adaptability required in marketplace and fintech innovation.
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