“We’re in a interval of what I’ll name fintech maximalism,” says Chemistry founder and GP Mark Goldberg. “By that, I imply the businesses that grew up within the final 5 to 10 years in fintech, those who quietly executed by way of the winter of the 2021 to 2024 interval, have emerged as compounders in a manner that has actually taken my breath away.”
After almost a decade at Index Ventures, the place he backed standout fintech firms like Plaid, Persona, Lithic, and Pilot, Goldberg left in 2024 to launch Chemistry, an early-stage enterprise agency. Based alongside Kristina Shen and Ethan Kurzweil, the $350 million fund is a part of a rising development in enterprise capital: seasoned buyers breaking out from massive platforms to construct extra targeted, boutique outfits.
As we speak on Equity, Mary Ann Azevedo caught up with Goldberg about what led him to make the transfer, what Chemistry is all about, and the way the enterprise panorama has developed over the previous few years.
Take heed to the total episode to listen to extra about:
- The state of fintech, a sector Goldberg has lengthy had his eye on — and why he sees “much more tech-fin than fintech” today
- Why these ready for a wave of fintech IPOs could be in for a protracted maintain
- What he’s looking forward to in 2025 and past, from the affect of AI on fraud to shifting deal exercise, together with a pickup in M&A and secondaries
Fairness will probably be again with our weekly information roundup on Friday, so don’t miss it!
Fairness is TechCrunch’s flagship podcast, produced by Theresa Loconsolo, and posts each Wednesday and Friday.
Subscribe to us on Apple Podcasts, Overcast, Spotify and all of the casts. You can also comply with Fairness on X and Threads, at @EquityPod. For the total episode transcript, for individuals who want studying over listening, try our full archive of episodes here.
