Fintech then vs now: 3 devs in a WeWork vs $50MM seeds for AI labs

LexSokolin · x · 2026-08-22

VC Lex Sokolin contrasts fintech eras in one tweet: early fintech meant "three developers in a WeWork," while today it's "$50MM seed rounds into Financial AI labs" — one line capturing how AI is simultaneously raising the capital intensity and entry bar for fintech startups.

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