Moving to Silicon Valley and starting a $150m FinTech Company with Moses Lo
Jun 29, 2021
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This podcast features Moses Lo, a former management consultant turned entrepreneur who founded a $150m FinTech company in Silicon Valley. Topics include Moses's upbringing, experience at Y Combinator, scaling Xendit in Indonesia, and cultural differences between Australia and the US.
Building digital infrastructure in developing economies is crucial for a fully digital economy.
Drawing inspiration from Martin Luther King, Moses values impactful public speaking and motivation.
Moses embraces manual labor to learn practical skills, reflecting his curiosity and versatility.
Deep dives
Importance of Building Digital Infrastructure
Moses emphasizes the significance of building digital infrastructure in developing economies like Southeast Asia, akin to AWS for compute. He aims to establish the necessary infrastructure for a fully digital and service-oriented economy, focusing on payments, credit risk, data products, and more.
Influence of Martin Luther King and Public Speaking
Martin Luther King inspires Moses, especially in public speaking. King's ability to motivate and articulate his message in speeches resonates with Moses, who draws inspiration from King's character and rhetoric, particularly in his competitive public speaking background.
Love for Manual Labor and Learning New Skills
Moses finds solace in manual labor and learning practical skills outside work. Whether remodeling a garage, refurbishing a car, or trying gardening, he enjoys hands-on activities that involve sweating and acquiring new abilities, reflecting his curiosity and desire to be more versatile.
Formula for Success: Luck, Work Ethic, and Smarts
Inspired by a combination of Rob Chandra and Justin Kahn's perspectives, Moses highlights a formula for success comprising luck, work ethic, and intelligence. He stresses the controllable nature of work ethic, which enhances opportunities arising from luck and influences intelligence, promoting effort-driven success.
Advice for Young Audiences: Key to Success
Moses shares a pragmatic framework for success with ambitious individuals, focusing on the interplay of luck, work ethic, and intelligence. He underscores the significance of diligent effort in maximizing opportunities and achieving personal growth, advocating for a mindset that prioritizes striving to the best of one's abilities over fixating on outcomes.
This week we had the pleasure of sitting down with the amazing Moses Lo. Moses studied at UNSW and begun his career as a management consultant at BCG before moving to Silicon Valley to pursue entrepreneurship. After completing an MBA from Berkeley, Moses was selected for Y Combinator (YC) where he started his FinTech company, Xendit. We dived deep into Moses’s upbringing, why he chose management consulting, the experience of YC, scaling Xendit in Indonesia and the differences in culture between Australia and the US. Enjoy!
Show notes:
Moses’s Company: https://www.xendit.co/en/
Moses’s Blog: https://www.moseslo.com/
Book: High Growth Handbook- Elad Gill
Podcast: Masters of Scale- Reid Hoffman
Famous Figure: Martin Luther King
Hobby: Manual Labour
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