{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Future Around & Find Out","title":"“You Have to Invest Into Change.” Startup Lessons from Fintech OG and VC Daniel Kimerling, Founder of Deciens Capital and Standard Treasury","html":"","width":"100%","height":180,"duration":1757,"description":"“You have to invest into change. You cannot invest into stasis.\nDaniel Kimerling has a keen eye for the trends, technologies, and cultural shifts that are going to be big. A decade ago, he took an insight – that developers needed powerful tool so they could embed banking services into their apps – and launched Standard Treasury, the very first banking-as-a-service (BaaS) startup. Today BaaS and \"embedded finance\" are huge. \n\nNow, as a VC and the founder of Deciens Capital, Dan is again looking for change:\n“From an ego perspective, I love being right. From a financial perspective, I love being right at the right time.\"\nThe right team:\n\"You have to be willing to embrace a level of physical, emotional, financial, psychological, spiritual pain and keep going. Just keep fucking going.\"\nAnd business models that actually make sense:\n\"It's not that, like, Generative AI is not cool. As a Dweeb, it's fucking cool as hell. I got it. But then the question is: 'How the fuck are you gonna make a dime?'\"\nThis is a fun episode! Listen in for a masterclass in disruption. Also f-bombs. Lots of f-bombs. More on Crafted than ever before. Yet also mixed  with grace and humility. Dan is a mensch. :)\n\nKey Moments:\n\n[0:00] Introduction\n\n[2:07] How Dan got started in tech, as the very first employee at TechCrunch\n\n[4:58] Founding Standard Treasury, the very first banking-as-a-service (BaaS) company after meeting the founders of Twilio and Stripe and seeing the API’s and “embedding” were going to be huge\n\n[7:25] “What you kind of come to see is that to some degree everything is a financial plumbing problem.”\n\n[9:12] “You have to invest into change. You cannot invest into stasis.”\n\n[11:37] Founding Deciens Capital\n\n[12:23] The “industrial logic” of most VC firms and how Deciens aims to stay small and serve early stage founders\n\n[15:07] What Dan looks for when making an investment, including grit, variant perspective, and a MacGyver-like adaptability\n\n[18:36] Generative AI: Why VC’s are...","thumbnail_url":"https://img.transistorcdn.com/HUxsFUd2l2IpBZewHzlZlthVWOmLB5qSDYnIlkRo0LE/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS82YTcx/YWIxYzkxYjgwNWI4/MTc5NGYyNjliZjU5/NzQ4MC5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}