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MK

Mayur Kamat

05/22/25

@ Lenny's Podcast

Every trade-off in fintech is existential; a wrong decision could mean the end of the business.

Video

LP

Unconventional product lessons from Binance, N26, Google, more | Mayur Kamat (CPO at N26)

@ Lenny's Podcast

Unconventional product lessons from Binance, N26, Google, more | Mayur Kamat (CPO at N26)

05/22/25

Related Takeaways

MK

Mayur Kamat

05/22/25

@ Lenny's Podcast

In fintech, you have two customers: the end-users and the regulators, and you need to balance their needs, which often conflict.

SM

Sean Mitchell

05/04/18

@ Y Combinator

Venture capitalists investing in FinTech often worry about whether a company can fund its origination costs, as mismanagement can limit future opportunities.

YC

Y Combinator Cast

03/21/25

@ Y Combinator

It's important to recognize that disagreements in a startup can feel life-or-death, but often they are not as critical as they seem in the moment.

MK

Mayur Kamat

05/22/25

@ Lenny's Podcast

I believe in focusing on problems that have a 10x positive or negative impact, especially in fintech where growth and compliance are critical.

JC

Jason Citron

04/29/25

@ a16z speedrun

The emotional toll of pivoting a startup is significant; it feels like a failure when you've invested so much into a product that ultimately doesn't work.

YC

Y Combinator Cast

05/07/22

@ Y Combinator

It's crucial for founders to recognize when they are in a precarious financial situation and to act quickly to assess their runway and make necessary adjustments.

OV

Olga Vidisheva

02/24/15

@ Y Combinator

As a non-technical founder, the scariest thing is when your core business is failing despite your best efforts.

NB

Nate Blecharczyk

10/26/13

@ Y Combinator

Choosing your business partners is one of the most important decisions you'll ever make; you can pivot your company but changing partners means starting over.

RR

Russ Roberts

08/07/19

@ Y Combinator

The idea of opportunity cost is crucial for founders; it reminds them that choosing one path means forgoing another, which is essential in decision-making.