Bootstrapping a FinTech Startup by Piggybacking with Services: Quavo Co-Founder David Chmielewski (Part 5)

David Chmielewski: The closer you can stick to having a real product, the better you’re going to come out in the end. It’s really those first three or four clients that help refine your product and allow you to understand what’s truly different and what’s not. We had the experience at BoA. At First Tech, we had the experience of two clients, so we had some ideas.

Our next two clients were Golden One Credit Union and CardWorks. By the time we were done with them, we knew what our product should look like. We had a breadth of knowledge that allowed us to say that this is what our product is.

Catching Up On Readings: Web3

This feature from CB Insights looks at all aspects of Web3 including DeFi and NFTs. It also gives an in-depth insight into its impact on the digital economy. For this week’s posts, click on the paragraph links.

Catching Up On Readings: Digital Banking Trends 2022

This report from Gartner analyzes digital banking trends at the ongoing Gartner IT Symposium/Xpo 2022, Gold Coast. Gartner predicts that 30% of banks with greater than $1 billion in assets will launch BaaS for new revenue by the end of 2024. For this week’s posts, click on the paragraph links.

Catching Up On Readings: Buterin on Startup Societies

In this interview with Noah Smith on Noahpinion, Vitalik Buterin, the co-founder of Ethereum, talks about proof-of-work vs. proof-of-stake, the recent crash in crypto markets, cryptocurrency security, decentralized governance, and “startup societies”. For this week’s posts, click on the paragraph links.

588th Roundtable Recording with Yanev Suissa, SineWave Ventures

In case you missed it, you can listen to the recording of this roundtable here:

Catching Up On Readings: Mobile Wallets

This report from CB Insights analyzes the evolution of mobile wallets and where the technology is going next, from AI-based financial assistants to super wallets. The mobile wallet sector is expected to grow to $7T by 2027 from $1T currently. For this week’s posts, click on the paragraph links.

Roundtable Recap: August 18 – A Discussion on Vertical Cloud

During this week’s roundtable, we had as our guest Tae Hea Nahm, Managing Director and Co-founder at Storm Ventures, who emphasized and articulated his firm’s specific interest in investing in vertical cloud startups.

You can listen to the recording of this roundtable here:

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Catching Up On Readings: Emerging Tech Hype Cycle 2022

This report from Gartner analyzes 2022 Gartner Hype Cycle for Emerging Technologies. They fit into three main themes: evolving/expanding immersive experiences, accelerated artificial intelligence automation, and optimized technologist delivery. For this week’s posts, click on the paragraph links.