I Think There Are Too Many Payments Companies: Lonsdale

The transcript covers a discussion on the influence of Eric Schmidt on tech companies, the role of disruption in changing industries, and the inefficiencies in traditional sectors like health and wealth management. It also touches on the crowded payment industry, cybersecurity advancements, and the challenges of fundraising in Silicon Valley. Additionally, it highlights the impact of immigration policies on tech talent and the effects of market volatility.

What challenges does the speaker identify regarding the payment industry?

What is the speaker's perspective on the current state of fundraising in Silicon Valley?