Bankruptcy, Lessons, and Cash-Flow Paranoia

Raags, CEO of Kast, lost a $100M company and spent 8 years paying back debt. 

Now he's building what he believes will be a trillion-dollar stablecoin bank serving 150+ countries. 

THE SHIFT NEWSLETTER

💡Go beyond the mic - subscribe to The Shift, my new weekly newsletter where I share the uncut stories, raw takes, and behind-the-scenes notes from When Shift Happens: https://www.kevinfollonier.com/crypto-web3-newsletter

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PARTNERS

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CONNECT WITH RAAGS

Twitter: https://x.com/raagulanpathy

Twitter: https://x.com/kastxyz

WHEN SHIFT HAPPENS

Twitter (X): https://x.com/KevinWSHPod  

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Website: https://kevinfollonier.com/

DISCLAIMER

The info contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speakers who are not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speakers do not guarantee any particular outcome.

0:00 Managing A New Baby + Business How?

1:32 How You Deal With Social Media & Gatherings

4:44 The Math Of Compounding As A Founder Explained

6:43 Getting Others To Understand Compounding At Scale

7:22 How Much Time Goes Into This?

8:39 Who Are You

11:00 Our Valued Sponsors

19:33 Eating The Humble Pie Explained

21:16 The Importance Of Ego In Entrepreneurship

23:46 Retweeting A Complaint Comment + Response

26:59 How You Made Money After First Business Failure

29:18 Why You’re Called The Stable Coin Guy

31:30 Our Valued Sponsors

31:47 Stable Coins Have Unified The Dollar System

32:51 How Do You Look At The U.S Dollar vs Stable Coins

35:47 What Did You See That Made You Start Kast

39:06 Explain Kast To Your Mom

42:11 Why Are You Building Kast With Over 100 Employees

47:41 How Do You Simplify The Stable Coin Usage System

49:33 Are You A Fintech Or Crypto Company

50:48 How Likely Would Revolut Or Robinhood Replace Kast

54:14 How Is It Possible For Kast To Be Profitable After 15 Months

57:57 What Is It About The Gold Card

1:02:03 How Can Someone Tell If They Should Spend Or Hold