Implications of Schwab's $26 billion acquisition of TD Ameritrade, and Tesla's black swan truck; plus 12 short takes on top developments
lex.substack.com
Hi Fintech futurists -- In the long take this week, I look at the $26 billion acquisition of TD Ameritrade by Schwab, and the implications that has for innovation, frontier technology, aggregation theory, and corporate strategy. What can you do to remain competitive if your business is behind the top dogs in the industry, even just a little? How risky of a bet should you be making, and how can that be consistent with fiduciary duty? We end on Elon Musk's insane cybertruck, and ask whether there were any cybertrucks TD could have launched to stay independent.
Implications of Schwab's $26 billion acquisition of TD Ameritrade, and Tesla's black swan truck; plus 12 short takes on top developments
Implications of Schwab's $26 billion…
Implications of Schwab's $26 billion acquisition of TD Ameritrade, and Tesla's black swan truck; plus 12 short takes on top developments
Hi Fintech futurists -- In the long take this week, I look at the $26 billion acquisition of TD Ameritrade by Schwab, and the implications that has for innovation, frontier technology, aggregation theory, and corporate strategy. What can you do to remain competitive if your business is behind the top dogs in the industry, even just a little? How risky of a bet should you be making, and how can that be consistent with fiduciary duty? We end on Elon Musk's insane cybertruck, and ask whether there were any cybertrucks TD could have launched to stay independent.