3min snip

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Meow CEO on Why Financial Services are a Commodity

Fintech Brainfood

NOTE

Efficiency and Ethical Decision-Making in Business

The company made a strategic pivot from high yield stablecoins to treasury bills due to rumors in the market, returning investors' money to avoid speculation. They emphasized ethical business practices and efficiency, maintaining a lean team of 14 employees while managing over a billion in assets. The founder highlighted the importance of addressing root causes of problems instead of solving them by hiring, critiquing the financial industry for misleading advertising and emphasizing the long-term benefits of doing things the hard way initially.

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