Zelle — The Empire Strikes Back
Zelle? WTF is Zelle, Big Red Car? You got some ‘splaining to do, Big Red.
Big Red Car here on the edge of a new dawn in the ATX. [Drama queen is the Big Red Car.]
One of my favorite notions is the idea that a startup “disrupts” a legacy industry or business and then expects the legacy old folks to lay there and just take it. Silly rabbit!
The legacy brethren didn’t get to be the approved solution by being dummies. They may not be lean, nimble, and agile, but they can rent that talent.
WTF are you talking about Big Red Car?
Nowhere does it seem more obvious that the legacy tribe is not going to give up their franchise than in FINTECH.
So, let me tell you the story of PayPal v Zelle.