The past, present, and future of FinTech and DeFi :: with Drew Glover
In this episode of Ventures, my guest Drew Glover (https://www.linkedin.com/in/drewbailerglover/) and I discuss all-things FinTech, growth, venture capital, and Decentralized Finance (DeFi). We cover his background co-founding Fiat Growth (https://www.fiatgrowth.com/), raising a $15m fund w/ Fiat Ventures (https://www.fiat.vc/), the overall FinTech landscape, advice for founders leveling up their growth strategies, and the future of finance technology for entrepreneurs and the rest of the world.
1:23 - Tee up for the episode, background of the show, entrepreneurial stories, etc..
1:49 - Drew intro and background
5:11 - Define for the audience: What is FinTech? What isn’t FinTech?
7:39 - FinTech definition recap. Would DeFi be under FinTech? How does Drew think about Decentralized Finance?
11:23 - What was it like to raise a $15m Fund for Drew? What advice would he have for first-fund VCs?
14:07 - Did they finish raising their fund before the market started tanking?
15:06 - What is Drew’s take on the FinTech landscape? What is his thesis on the space? Where should entrepreneurs be looking at for opportunities?
18:16 - Given Drew’s background in growth and FinTech - how should an entrepreneur who is building a FinTech company be thinking about acquiring customers in such a noisey landscape?
22:17 - Book: How to Lie With Statistics (https://www.amazon.com/How-Lie-Statistics-Darrell-Huff/dp/0393310728) // Commentary on vanity metrics
23:04 - What is Drew’s advice for a founder who doesn’t have much of a budget to hire a growth team?
25:26 - What is Drew excited about regarding the future of FinTech? Learn more about Copper: https://www.getcopper.com/