Angela Strange, General Partner at a16z, predicts a major shift in 2024: the rise of developers as key decision-makers in financial services. Traditionally led by economic and business factors, purchases are now increasingly influenced by the growing role of developers. In this episode, Angela traces the evolution from traditional banking to code-driven financial services, discusses the as-a-service layer, and explains how the financial sector is attracting top engineering talent. Topics Covered: 00:00 - Big Ideas in Tech 2024 01:39 - Big Idea: The Rise of the Developer as a Buyer in Financial Services 06:13 - Examples of financial service infrastructure products 07:47 - Building products and cost/selling structures 09:07 - How financial institutions will adopt new technology 13:30 - Regulatory shifts and updates 13:37 - The impact on customers Resources: Find Angela on Twitter :https://twitter.com/astrange View all 40+ big ideas: https://a16z.com/bigideas2024 Stay Updated: Find a16z on Twitter: https://twitter.com/a16z Find a16z on LinkedIn: https://www.linkedin.com/company/a16z Subscribe on your favorite podcast app: https://a16z.simplecast.com/ Follow our host: https://twitter.com/stephsmithio Please note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. a16z and its affiliates may maintain investments in the companies discussed. For more details please see a16z.com/disclosures.
Regulations are at an all-time high, with over 50,000 federal banking rules driving up costs for businesses and stifling innovation. Angela Strange, General Partner at a16z, explores how AI is revolutionizing compliance by turning regulation into code—cutting costs, simplifying workflows, and empowering startups to compete. In this episode, she unveils her 2025 Big Idea, highlighting the transformative impact on businesses, consumers, and the economy. Timecodes: 00:00: The Growing Burden of Regulation 01:06: The Compliance Challenge 02:36: AI to the Rescue 03:19: The Role of LLMs in Compliance 05:23: Real-World Applications and Examples 07:41: Future Opportunities and Impact 09:54: Why It Matters to Everyone Resources: FInd Angela on X: https://x.com/astrange Check out all 50 Big Ideas: https://a16z.com/big-ideas-in-tech-2025/ Stay Updated: Let us know what you think: https://ratethispodcast.com/a16z Find a16z on Twitter: https://twitter.com/a16z Find a16z on LinkedIn: https://www.linkedin.com/company/a16z Subscribe on your favorite podcast app: https://a16z.simplecast.com/ Follow our host: https://twitter.com/stephsmithio Please note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. a16z and its affiliates may maintain investments in the companies discussed. For more details please see a16z.com/disclosures