Foundation Capital

01/22/2024

During a Fintech panel at Plug and Play Tech Center's recent Summit, General Partner Charles Moldow commented on banks' aggressive AI adoption based on research from Evident AI.

Key takeaways:

-JPMorgan leads banks in AI adoption
-Banks are locked in AI adoption arms race, pushing for more sophisticated implementations
-Consumer-facing impacts lag behind operational AI use cases so far

We expect rapid AI progress at banks to continue.

📹 Watch the video for Charles' full perspective.

01/10/2024

During Plug and Play Tech Center's recent Fintech VC panel, General Partner Charles Moldow discussed promising but uncertain AI derivative innovations.

Key questions as foundational AI progresses:

-What transformative new apps will emerge in 5-10 years as AI capabilities advance?

-Will startups or incumbents capture more value from AI progress?

-Once AI assistants like "Her" arrive, what innovative platforms will engineers build on top?

He shared his excitement about AI's potential fintech impacts.

📹 Watch the video for his full perspectives.

01/09/2024

General Partner Charles Moldow recently participated in a Fintech VC Panel hosted by George Damouny of Plug and Play Tech Center on the evolving intersection of Fintech and AI.

In his introduction, he shared a few things that may be new to many:

- Capital has $5B under management.

-He's been investing in fintech at Foundation for almost 20 years.

-Foundation has a dedicated fintech and insurance team to tap deep domain expertise.

📹 Watch the video to learn more about Foundation Capital.

10/30/2023

Despite recent gloom, we believe a renewed "golden era" of Alternative Lending is on the horizon.

Watch for these 5 catalysts that will fuel the eventual revival:

1️⃣ The Inevitable Return of Affordable Capital: Interest rates are cyclical. When rates decline again, as they always do, abundant low-cost capital will flow back, attracted to alternative lending's yields.

2️⃣ Strong Value Prop to Consumers: Alternative lenders can retake the edge with lower rates and creative offerings as incumbents lag.

3️⃣ Leaner, Meaner Operations: More efficient operations and emerging tech enable responsible growth for disciplined lenders.

4️⃣ Battle-Tested Risk Models: Survivors' solid performance through turbulence will build crucial investor confidence.

5️⃣ Market Share Gains: Reduced competition lets proven alternative lenders gain share in the upcycle.

For seasoned lenders, the data signals ample rewards coming once rates peak and then start to drop.

Markets fluctuate, but opportunity returns for those who skillfully adapt. The next wave of strategic expansion nears as tailwinds start to realign.

We're bullish on lending tech's future - the best is yet to come.

10/27/2023

In 2023, AI has advanced rapidly, prompting us to reflect on its profound impacts on our economy, society, and selves. While some are apprehensive about the ...

10/03/2023

To all founders and investors attending Money20/20 this month in Vegas - join us for the Foundation Capital Fintech Fiesta at the Venetian!

Space is limited due to the exclusive nature of this event, so be sure to RSVP to secure your spot.

Looking forward to seeing everyone there!

https://events.foundationcap.com/rsvp/money-20-20-fintech-fiesta-2023/foundation-capital/register

09/15/2023

Read our latest blog post "A New 'Golden Age' for Alternative Lending" to discover why Fintech experts at Foundation Capital are betting on a new “Golden Age” in alternative lending amidst a year of business disruptions and challenges.

Delve deep into the history of LendingTech: from its golden age to a sudden halt, and discover the promising catalysts steering its rapid comeback.

Read for more: https://foundationcapital.com/a-new-golden-age-for-alternative-lending/

03/21/2022

The realities of startup life are harder than one might think. There are highs and lows. There's pleasure but also pain. In this short documentary — which some have called "the best encapsulation of entrepreneurship" — 25 founders get real and share their personal stories.

Twenty-five Foundation Capital entrepreneurs talk candidly about the realities of startup life: the pains and pleasures, sacrifices and rewards. If you need ...

07/29/2021

Congratulations to Doma (fka States Title) on their NYSE debut today as DOMA!

This a pretty incredible feat. Their story began in 2016 in our offices in San Francisco while Max Simkoff, Doma founder and CEO, and Foundation Capital general partner Charles Moldow were brainstorming the next big opportunity in fintech.

After enduring the grueling process of obtaining title insurance during his recent home purchase, Max felt charged to dive in and solve the problem. And solve it he did. With relentless dedication, Doma has completely transformed the antiquated closing process for lenders, real estate professionals, title agents, and homebuyers.

To hear more about the journey of Doma, check out the first installment of our new series, Diary of a Startup.

How a startup went from proof-of-concept to public company in less than five years.

07/28/2021

Diary of a Startup: $DOMA

How a startup went from proof-of-concept to public company in less than five years.