Podcast: Jake on Creator Lab

🏦 Who is Jake Gibson?

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.

🧠 What You’ll Learn

After listening to this conversation, you’ll understand:

– 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

Watch Here

Listen Here

⏳Time Stamps (YouTube)

00:00:00 Preview

00:01:42 Intro To Jake + Nerdwallet

00:06:19 Nerdwallet Deep Dive + $500mil Valuation

00:14:25 Opportunity: Nerdwallet Model In Other Verticals

00:18:02 Audience First Business in 2021

00:21:47 Trend: Audience Business Selling To Software Companies

00:25:31 Founder To Investor

00:30:34 Mental Model For Thinking About Next Step

00:34:52 “I want to be rich” – more context

00:39:02 Finding Motivation In Struggles

00:42:06 Role of Luck, Golden Handcuffs + Lifestyle Creep

00:48:13 80/20 of investing

00:50:53 “Everything Is Fintech” – Raising A $75mil Fund

00:55:26 Starting A Neo Bank

00:57:11 Fintech Opportunity In Ridesharing, Tesla & Airbnb

01:01:59 Facebook + Whatsapp Payments

01:03:28 Asia Market + WeChat Model

01:04:47 Problem vs Product…Verb vs Noun

01:10:17 Jake’s Take on DeFi

01:16:02 NFTs + NBA Top Shots

01:20:21 Tesla’s Balance Sheet

01:22:22 Elon + Chamath: Meme Masters

01:22:41 Global Market Ideas

01:28:32 Why Do We Have Stock Market Highs?

01:31:16 Investing Advice To A 25yr Old

⏳Time Stamps (Podcast)

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