Bridge Forum 2019

Next-Gen Financial Services


3 locations in 2 days
25 luminaries and speakers
120 business leaders

1 irreplicable experience.

San Francisco

The Theme

Next-Gen Financial Services

Technological disruption in financial services is a topic of deep interest for us. We have spent much time studying the data, information and trends to identify the business and technology intersections between each other.

Our long history in the Valley has also given us unique insight into the trends that disrupt industries and access to the foremost technology leaders.

Key takeaways

Participants gained from the sharing by some of the most esteemed financial services and technology investing leaders at Bridge Forum 2019. We have put together a selection of key takeaways from the sessions, and hope you benefit from them as much as we did.

In two days, we heard from top investors and business leaders, and traversed different topics, formats, and venues for an immersive, collaborative experience

Featured speakers


Reid Hoffman

Partner

Greylock Partners

An accomplished entrepreneur, executive, and investor, Reid Hoffman has played an integral role in building many of today’s leading consumer technology businesses, including LinkedIn and PayPal. He possesses a unique understanding of consumer behavior and the dynamics of viral businesses, as well as deep experience in driving companies from the earliest stages through periods of explosive, “blitzscale” growth. Ranging from LinkedIn to PayPal, from Airbnb to Convoy to Facebook, he invests in businesses with network effects and collaborates on building their product ecosystems.

Hoffman co-founded LinkedIn, the world’s largest professional networking service, in 2003. LinkedIn is thriving with more than 500 million members around the world and a diversified revenue model that includes subscriptions, advertising, and software
licensing. He led LinkedIn through its first four years and to profitability as Chief Executive Officer. In 2016 LinkedIn was acquired by Microsoft, and he became a board member of Microsoft.

Prior to LinkedIn, Hoffman served as executive vice president at PayPal, where he was also a founding board member.

Hoffman joined Greylock Partners in 2009. He focuses on building products that can reach hundreds of millions of participants and businesses that have network effects. He currently serves on the boards of Airbnb, Apollo Fusion, Aurora, Coda, Convoy, Entrepreneur First, Gixo, Microsoft, Nauto, Xapo, and a few early stage companies still in stealth. In addition, he serves on a number of not-for-profit boards, including Kiva, Endeavor, CZI Biohub, Do Something, Stanford’s Human-Centered AI Initiative, and the MacArthur Foundation’s 100&Change. Prior to joining Greylock, he angel invested in many influential Internet companies, including Facebook, Flickr, Last.fm, and Zynga.

Hoffman is the co-author of two New York Times best-selling books: The Start-up of You and The Alliance. He is also the co-author, with Chris Yeh, of the new book Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies, based on his Stanford course of the same name. Hoffman is the host of Masters of Scale, an original podcast series and the first American media program to commit to a 50-50 gender balance for featured guests.

Hoffman earned a master’s degree in philosophy from Oxford University, where he was a Marshall Scholar, and a bachelor’s degree with distinction in symbolic systems from Stanford University. In 2010 he was the recipient of an SD Forum Visionary Award and named a Henry Crown Fellow by The Aspen Institute. In 2012, he was honored by the Martin Luther King center’s Salute to Greatness Award. Also in 2012, he received the David Packard Medal of Achievement from TechAmerica and an honorary doctor of law from Babson University. In 2017, he was appointed as a CBE by her majesty Queen Elizabeth II.

Doug Leone

Global Managing Partner

Sequoia Capital

Doug Leone is a partner at Sequoia Capital investing in seed / Series A companies and beyond.

Ray Dalio

Co-Chairman & Co-Chief Investment Officer

Bridgewater Associates

Ray Dalio is the Founder, Co-Chief Investment Officer and Co-Chairman of Bridgewater Associates, a global macro investment firm and the world’s largest hedge fund. Ray is the author of the #1 New York Times Bestseller, Principles: Life & Work, which shares the unique principles behind his and Bridgewater’s success.

Ray started Bridgewater over 40 years ago out of his two-bedroom apartment in New York and has been a global macro investor for nearly 50 years.

While at Bridgewater his industry-changing approaches to investing — which include the invention of risk parity, currency overlay, portable alpha and global inflation indexed bond management — prompted Chief Investment Officer magazine to write an article entitled “Is Ray Dalio the Steve Jobs of Investing?,” which compared his industry-changing inventions to those of the Apple founder. According to an industry study, Bridgewater’s hedge fund has made more money for its investors than any other hedge fund ever — an estimated $49.7 billion. Bridgewater Associates has received numerous awards, including over twenty “Manager of the Year” awards from every major financial publication, and Ray has received three “Lifetime Achievement” awards. Additionally, a long list of economic policymakers actively seek his advice, which prompted Time Magazine in 2012 to name him “One of the 100 Most Influential People in the World”.

Ray is an active philanthropist with a particular interest in oceanographic research and conservation. He is a participant in The Giving Pledge, a commitment to give more than half of his wealth to charity.

Ray believes that reality works like a machine and that principles for dealing with reality are required to be successful.

Sir Michael Moritz

Partner

Sequoia Capital

Michael Moritz is a partner at Sequoia Capital, which he joined in 1986. He has helped Sequoia adjust to the profound changes in global technology and was one of the co-founders of its business in China and India as well as Sequoia Global Growth, a global technology fund; Sequoia Heritage, the firm’s single pool of globally diversified, long-term assets; and Sequoia Capital Global Equities, a public market fund. Michael has represented Sequoia on the boards of a number of companies including Yahoo!, PayPal, Google, LinkedIn, and Kayak; and younger businesses such as Berkeley Lights, Charlotte Tilbury, Instacart, Klarna and Stripe. Prior to joining Sequoia, Michael co-founded Technologic Partners and was a correspondent for Time, where he was the San Francisco bureau chief.

He is the author of several books including Return to the Little Kingdom, the first major book about Apple published in 1984, and more recently LEADING with Sir Alex Ferguson, the longtime Manager of Manchester United. Michael graduated from Christ Church, Oxford in 1976 with a MA in History and is an Honorary Student of the College. Together with his wife, Harriet Heyman, he has made a series of major donations to educational causes. He received a knighthood from the Queen of England in 2013.

Marc Andreessen

Co-Founder & General Partner

Andreessen Horowitz

Marc Andreessen is a co-founder and general partner of venture capital firm Andreessen Horowitz. He is an innovator and creator, one of the few to pioneer a software category used by more than a billion people and to establish multiple billion-dollar companies.

Marc co-created the Mosaic Internet browser and co-founded Netscape, which later sold to AOL for $4.2 billion. He also co-founded Loudcloud, which as Opsware, sold to Hewlett-Packard for $1.6 billion. He later served on the board of Hewlett-Packard from 2008 to 2018.

Marc holds a BS in Computer Science from the University of Illinois at Urbana-Champaign. He serves on the board of the following Andreessen Horowitz portfolio companies: Applied Intuition, Dialpad, Honor, OpenGov, and Samsara. He is also on the board of Facebook.

Angela Strange

General Partner

Andreessen Horowitz

Angela Strange is a general partner at Andreessen Horowitz where she focuses on investments in financial services including insurance, real estate & increasing inclusivity. She is currently a board observer for the following Andreessen Horowitz portfolio companies: Branch, Earnin, HealthIQ, Mayvenn, PeerStreet, and Point. Angela joined the firm in 2014.

Prior to joining a16z, Angela was a product manager at Google where she launched and grew Chrome for Android and Chrome for iOS into two of Google’s most successful mobile products. Previously, she was the director of product management and business development at Ruba.com (acquired by Google) and a senior associate partner at Bay Partners where she focused on the consumer internet sector. Prior to that, Angela was a consultant at Mercer Management Consulting in Toronto.

Angela is a proud Canadian and served as co-chair of the C100, a non-profit that bridges Canadian entrepreneurs with Silicon Valley, and on the Canadian Finance Minister Morneau’s Economic Growth Council. Angela has a Mechanical Engineering degree from Queen’s University, in Canada, and an MBA from Stanford. Angela is a world-class athlete and spent two years training professionally as a runner; she has won several marathons and achieved a seventh place national ranking in Canada.

Patrick Collison

Co-Founder & CEO

Stripe

Patrick Collison is the co-founder and CEO of Stripe, a company that lets businesses and individuals accept payments over the Internet.

Keith Rabois

General Partner

Founders Fund

Keith is a general partner at Founders Fund. Throughout his venture career he has led investments in DoorDash, Affirm, Forward Health, Faire, ThoughtSpot, and Stripe. He also founded Opendoor, which transforms the process of buying and selling a home.

Keith has a unique and unparalleled track record as an entrepreneur, executive and investor. over the last decade, he has forged several of the most important new social and commerce platforms. Keith began his career in the industry as a senior executive at PayPal and subsequently served in influential roles at LinkedIn and as Chief Operating Officer of Square.

As a board member, Keith guided Yelp and Xoom from inception to successful initial public offerings. Simultaneously, he also invested in other like-minded entrepreneurs with early stakes in YouTube, Palantir, Lyft, Airbnb, Eventbrite, Wish, and Quora.

Earlier in his career, Keith was a litigator at the preeminent Wall Street law firm Sullivan and Cromwell, after clerking for the United States Court of Appeals for the fifth circuit.

Keith holds a bachelor’s degree in political science from Stanford University and a Juris Doctor degree with honors from Harvard University.