The FinTech 50 2014 Mar. 2014 | Page 38

FinTech50 SYMBIOTIC FINTECH Greg Rogers, Techstars, Managing Director I spent the last 10 years as an advertising technology entrepreneur in New York City. During that decade, I witnessed two things happen. New York became the Silicon Valley of the east coast, and AdTech radically transformed the marketing and advertising industry. It made sense that the two would be catalysts for their transformations. New York is home to the major media companies and agencies of the United States. The sheer concentration of talent and experience there converged with the opportunity of digital and data. In other words, the right people were in the right place at the right time. I now run the Barclays Accelerator here in London. Why would an AdTech guy from New York run a financial technology accelerator in London? Investors talk about pattern recognition when judging startup opportunities. What they mean is that history often repeats itself, just in a different guise. My investment thesis is that London is going to