Conference Presentation, Interview, Fireside Chat
All-In Summit: Jenny Just on Peak6, the female market correction, poker, and risk
- Peak Six anticipates continuing to service the back end for over 60% of FinTechs and predicts the current financial volatility environment will snap in one direction or another due to exogenous events, a forecast they acknowledge carries a risk of error that could result in wasted capital on rotting inventory if their prediction is incorrect.
- Jenny forecasts a market correction occurring within five years where 50% of market participants will identify as female, a shift expected to be driven by the Poker Power initiative's aim to teach one million women to play poker and a specific competition launched over the next month to refer women to the app.
- The Poker Power strategy focuses on early intervention by teaching the game to girls aged 7 or 8, utilizing repetition to help women overcome a confidence gap (requiring 90% confidence versus 60% for men) and reframe risk as a probability calculation where losing 15 times in a row remains acceptable over a distribution of 100.
- Corporate program participants frequently discover they previously held back information or "did not play to win," while Jenny challenges the concepts of "psychological safety" in the workplace and asserts that a "perfect track record" with no losses reflects a backward view of the journey to success.