Ventureforth - Adventures In Startups

Jake Gibson (NerdWallet) - Paying It Forward: How NerdWallet Bootstrapped To Profitability By Not Being Evil

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Synopsis

Jake Gibson is the co-founder & former COO of NerdWallet, a website that gives consumers and small businesses clarity around all of life’s financial decisions.  Since departing in 2014, Jake has become an active angel investor in companies like Earnest, The Hustle, Captain401, DataFox, InDinero, Meadow, and many more.  He is currently an EIR at 500 Startups, lending his knowledge and experience with the 500 fintech fund. In this episode, we learn about how the financial crisis led to the creation of NerdWallet and why he and co-founder Tim Chen opted to bootstrap instead of raising traditional VC funding to start their business. Compare the best Credit Cards, Car Insurance, CD Rates, Savings Accounts, and more at NerdWallet. Follow Jake on Twitter @iamjakestream. Jake’s Favorite Book: Seveneaves Jake’s Credit Card Protip: Chase Sapphire Reserve _____ Executive producer & host: Joe Mahavuthivanij Edited by: Joe Mahavuthivanij Theme music by: Music for Makers Logo design: Debra Lin