From launching the iPhone to experience a 20x growth in Wealthfront with VP Product, David Myszewski | E228

Jul 17, 2024

Former Apple engineer turned VP Product at Wealthfront, David Myszewski, shares his journey of launching the first iPhone and overseeing Wealthfront's 20x growth. He discusses innovative fintech features, simplifying products for clients, and future trends in bundling services. Gain insights on continuous innovation, customer feedback, and revolutionizing tech and fintech.

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Intro

00:00 • 2min

Inside the First iPhone Team

02:22 • 6min

Wealthfront's Growth and Product Strategy

08:23 • 10min

Exploring the Process of Investing in New Products and Features with High Sensitivity

18:20 • 3min

Success Story of Cash Account Growth and Trust Building Strategies

20:54 • 3min

Striving for Quality over Quantity

23:24 • 17min

Join us for an inspiring episode of the Product Podcast with David Myszewski, as we dive into his incredible journey from an Apple engineer to a leading fintech innovator at Wealthfront. David shares his unique path from Wyoming to Silicon Valley, discussing his pivotal role in launching the first iPhone.

When he joined Wealthfront, the company was managing approximately $3 billion in assets. During his time at the company, he has experienced an extraordinary 20x growth, with Wealthfront now overseeing over $60 billion in assets under management.

David discusses Wealthfront's innovative features like tax loss harvesting and direct indexing, which have saved clients significant amounts in taxes. He emphasizes the importance of simplifying products to meet client needs and prioritizing long-term wealth-building. We also touch on future trends in fintech, including the strategic importance of bundling services to deliver comprehensive value to consumers.

Tune in to gain valuable insights from David's experiences and learn how continuous innovation and customer feedback drive successful product development. Don't miss this fascinating conversation about revolutionizing tech and fintech!

Episode Highlights
(00:00) 🎙️ Intro
(03:45) 📱 Work on the first iPhone team
(06:00) 👨‍💻 Did you get to demo in front of Steve Jobs?
(08:23) 📈 From $3B assets to over $60B assets under management at Wealthfront
(13:53) 💼 Caring about building long-term wealth for their clients
(16:16) ⚙️ Spending about 70% of our time optimizing existing products
(28:14) 🔬 Leverage research when building better products
(31:52) 🎨 Where does design fit into the org?

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Credits:

Host: Carlos Gonzalez de Villaumbrosia
Guest: David Myszewski