Jake Gibson, NerdWallet + Better Tomorrow Ventures // Investing In The Future of Fintech

1:36:32
 
Share
 

Manage episode 286469829 series 2390472
By Bilal Zaidi. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Jake Gibson is the co-founder of NerdWallet & Founding Partner at Better Tomorrow Ventures, a $75mil venture fund, investing in the future of Fintech alongside Sheel Mohnot.

He's been involved in fintech for over a decade. Prior to NerdWallet, he studied math and quantitative finance at MIT and traded interest rate derivatives at JPMorgan.

Let us know what you think on Twitter: @bzaidi & @iamjakestream

Full video with timestamps on YouTube: https://youtu.be/s-Tcuootl7s

In this conversation we discuss:

  • NerdWallet's business model + growing to a $500mil+ valuation
  • the transition from founder to investor + the 80/20 of investing
  • mental models to figure out your next step
  • why "everything is fintech" + examples of this thesis
  • DeFi, NFTs, stock market highs & ideas from a global fintech market

Timestamps:

  • 00:00:00 Preview
  • 00:02:20 Intro To Jake + Nerdwallet
  • 00:06:57 Nerdwallet Deep Dive + $500mil Valuation
  • 00:15:02 Opportunity: Nerdwallet Model In Other Verticals
  • 00:18:40 Audience First Business in 2021
  • 00:22:24 Trend: Audience Business Selling To Software Companies
  • 00:26:09 Founder To Investor
  • 00:31:12 Mental Model For Thinking About Next Step
  • 00:35:29 "I want to be rich" - more context
  • 00:39:48 Finding Motivation In Struggles
  • 00:42:43 Role of Luck, Golden Handcuffs + Lifestyle Creep
  • 00:48:51 80/20 of investing
  • 00:51:31 "Everything Is Fintech" - Raising A $75mil Fund
  • 00:56:04 Starting A Neo Bank
  • 00:57:48 Fintech Opportunity In Ridesharing, Tesla & Airbnb
  • 01:02:37 Facebook + Whatsapp Payments
  • 01:03:06 Asia Market + WeChat Model
  • 01:05:24 Problem vs Product…Verb vs Noun
  • 01:10:54 Jake's Take on DeFi
  • 01:16:40 NFTs + NBA Top Shots
  • 01:20:59 Tesla's Balance Sheet
  • 01:23:00 Elon + Chamath: Meme Masters
  • 01:23:19 Global Market Ideas
  • 01:29:09 Why Do We Have Stock Market Highs?
  • 01:31:54 Investing Advice To A 25yr Old

64 episodes