Tom Blomfield: How I Created Two Billion-Dollar Fintech Startups

Подписаться 1,4 млн

Просмотров 163 тыс.

50% 1

There aren’t a ton of people in the world who can say they founded a billion dollar company. There are far fewer that can say they did it twice. YC Group Partner Tom Blomfield is one of them.
Each episode of our series Backstory will introduce you to one of YC’s Group Partners and the path they took to get here. If you aspire to change the world with your startup, Tom's story exemplifies the joys and trials of pursuing these ambitious ideas.
Apply to Y Combinator: yc.link/Backstory-apply
Work at a Startup: yc.link/Backstory-jobs
Chapters (Powered by bit.ly/chapterme-yc) -
00:00 - Intro
02:52 - GoCardless
05:07 - Starting Monzo
08:46 - COVID challenges
10:24 - Stepping away from Monzo
13:10 - Joining Y Combinator
13:54 - Outro
Directors:
Ryan Loughlin
Zach Both
Director of Photography:
Matt Piniol
Editors:
Hoku Uchiyama
Zach Both
Ryan Loughlin
Additional footage provided @jakewrightnet

Наука

Опубликовано:

6 июн 2024

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 137

@chapterme 4 месяца назад

Chapters (Powered by ChapterMe) - 00:00 - Intro: Tom Blomfield Backstory 01:35 - Growing up fascinated with computers 02:12 - Career path: Corporate lawyer 02:33 - Starting an online student marketplace while at Oxford 02:52 - Bill splitting app to GoCardless 04:24 - Leaving Go Cardless, turning Monzo into a global payments powerhouse 06:50 - Monzos ambitious vision and user growth 08:46 - COVID challenges - Funding crisis risking company's survival 10:24 - Stepping away from Monzo 11:59 - Transitioning to angel investing 13:10 - Joining Y Combinator 13:54 - Outro

@WalkerJones 4 месяца назад

This was amazing. Please do this for all of the YC partners. Tom, you're an inspiration to everyone.

@Regina.Clarke 4 месяца назад

Fantastic idea!

@KshitijPatil1 3 месяца назад

Watching a Funded Billionaire Tech Founder be so grounded, human and vulnerable made it all seem a little more achievable. Thank you for doing this Tom. I needed it today. Really look forward to meeting with you in person in the next 10 years!

@alvarojneto 4 месяца назад

This is the sort of content I have been scraping RU-vid and the web for. Please, please, more of this!

@fiyinfoluwaenis4786 3 месяца назад

This video was so emotional. I cried at the moment he said Tom said he took a year off just recovering basically. I could relate because I also had a similar situation as the Licensee and organizer of a TEDx event and though the event was a sucess I was really drained from the challenges we encountered along the way and I took almost 2 months recovering from that.

@Hillmanwinning 4 месяца назад

Tom's a huge inspiration and incredibly humble!

@Cygx 3 месяца назад

Starting a company takes a significant toll on mental health. The experience Tom describes is the norm not the exception. Don't forget to take care of yourselves my fellow founders!

@RayCh Месяц назад

It’s terrible and most of the time the only person to go to is yourself. I started Teja.app(Journaling and Mood tracking). Since, I wanted a product for myself.

@iamvasee 24 дня назад

Thank you 😢

@zedrake 4 месяца назад

More of Tom! Love listening to him! Been a Monzo users for 5 years now!

@npmau5119 3 месяца назад

Tom interviewed me for YC when I was 15, gave a lot of great advice. Good on him.

@amirankurtanidze6966 4 месяца назад

new video editing style is amazing ❤

@unknownname2206 3 месяца назад

Thank you, Tom Blomfield, and Thank you, the video team at Y Combinator.

@KageManTV 4 месяца назад

The editing on this is incredible. Great story too but all those small touches with music and the timing if thebbites and the subtle image changes are amazing.

@benji_fernandes 4 месяца назад

love this, thanks for the honestly and transparency Tom!

@MurphyYves 15 дней назад

Dang! I literally felt goosebumps just listening to him; the passion in his voice and how connected he still feels to his journey. Tom definitely has a gift for telling stories and connecting with his audience

@ODMA2112 3 месяца назад

That was beautiful. Very inspiring closing.

3 месяца назад

I stumbled to this video and is the best thing I've seen for a while. tks. excellent.

@FloWoelki 4 месяца назад

Really awesome short documentary. Loved it!

@aniekanakpanamasi4635 4 месяца назад

Wow! This brings me back to life as an aspiring founder. Thanks a lot

@suphasitthongniam9082 4 месяца назад

Thanks for the inspiration! Now, I have immense energy to push forward with my startup.

@jonjeskie5234 4 месяца назад

What's your industry?

@ucheabosi2619 4 месяца назад

Very nice video, really interesting. Many lessons to learn. Thanks YC and Tom Blomfield, do create more of these please. 👍👍

@silviu.iordache 4 месяца назад

Very inspiring story Tom, I enjoyed your interview on the DOAC podcast episode as well

@graduatesai 4 месяца назад

Great story Tom, thanks for sharing 👏👏👏

@curiouzzi 4 месяца назад

What an amazing video! Thank you for inspiration!

@juanjosegouvea 3 месяца назад

please do this with all YC Partners!! super interesting and motivating

@aafrancom 4 месяца назад

Amazing video. I really liked how Tom showed himself vulnerable as a founder and CEO. It really makes us, entrepreneurs, humans.

@Ash-le4pw 3 месяца назад

Great to actually hear it from Tom's mouth. Been watching him over years.

@tininottiny8685 2 месяца назад

I've loved Monzo for years even though I don't have an account. As a founder myself now, I relate very much with what Tom is discussing here. Thanks for this!

@kivatinos 4 месяца назад

👏🏻 amazing video YC!

@DineshKumarRamasamy-dv1st 3 месяца назад

Thank you for making this video. I could relate so much and I am at a tipping point and Blomfield's words made me tip.

@sputnik8543 4 месяца назад

Great video- Tom is so eloquent

@priyeshsrivastava8025 4 месяца назад

Knowing when to step away is the most important takeaway from Tom's experiences.

@user-rk3me5st3q 4 месяца назад

please, more videos like this!!!

@justinkaunda2964 4 месяца назад

this is fire! good stuff!

@akotochristopher9907 4 месяца назад

I love the fact that, he learns from his mistakes 🎉🎉🎉🎉

@xoddopaul 3 месяца назад

How impressive! Kudos Tom

@nistorsergiu3007 4 месяца назад

What a legend. Really inspirational!

@akhilmishra2445 4 месяца назад

YC+ Masterclass. Job well done

@cedricyarish7464 4 месяца назад

Phenomenal story

@jcwriter 4 месяца назад

So inspiring backstory 🎉 I hope i can make such impact one day

@smartsoothing776 4 месяца назад

I bow you man!

@dbfilmaudioconversions-vid660 3 месяца назад

Amazing video, Tom is a great CEO.

@slaterwatch 4 месяца назад

Absolute inspiration, you're living the life I want. We will meet one day.

@hiphopvirgins4552 4 месяца назад

This is beautiful

@igakenneth6587 Месяц назад

So inspiring

@kodykendall 4 месяца назад

This video was beautiful and made me cry

@sltho 4 месяца назад

I love the Steve Jobs quote at the end Here I come YC

@liammaher3021 4 месяца назад

A lot of Steve jobs quotes in here!

@TheBlackManMythLegend 4 месяца назад

yet it works. I think the bottom line is : A LOT OF Effin work mate! to make that work. Monzo Revolut in London especially Revolut the fintech space is known to be a brutal space for work the standard are high and the work is real. I personnaly like it. since at the end it creates happy customers that actually use your product / code.

@andiiinnn 4 месяца назад

Tom, you are amazing :')

@OTT_Kid1112 4 месяца назад

Amazing project ❤

@olliemaitland5957 4 месяца назад

Great story to hear it in a way it's not been presented. There was a bit missing there pre Monzo at Starling though 😏

@massiveknowledge877 2 месяца назад

Appreciated you bro..love and respect from india!

@roudder6606 4 месяца назад

inspiring as hell

@javi_park 4 месяца назад

can't wait to see PGs!

@shawnemployee6906 3 месяца назад

9:33 This part made me tear up. Most people will never understand the pain we go through as entrepreneurs.

@samueloluwatobi7641 4 месяца назад

Very inspiring 👏

@justincheung6023 4 месяца назад

This was really good

@SuperKillaki 4 месяца назад

Whoever edited this deserves a raise.

@nonefvnfvnjnjnjevjenjvonej3384 4 месяца назад

they get paid enough

@jyashi1 4 месяца назад

Was it you? Did you write it because you don't get paid enough?

@ndovukubwa 4 месяца назад

What about your time at Starling Bank? Would be interesting to hear what happened and why you left Starling to found Monzo

@AstroRockit 4 месяца назад

great video

@pempheromkuka7874 4 месяца назад

so inspiring . i got two working mvps but its hard to find co-founders and i was starting to feel down this is all i needed . i think i will be productive today

@jonjeskie5234 4 месяца назад

Yes! It's SO HARD. What are your industries?

@pempheromkuka7874 4 месяца назад

@@jonjeskie5234 am working on edutech platform and another is an app that uses youtube , spotify , map and etc to try to connect people with similar interests

@TheBlackManMythLegend 4 месяца назад

One of the problem of Revolut is that they sometimes get your money block and they do not have a real office. That's why I prefer real physical bank at least you have a human in front of you. And that's why those fintech will never totally disrupt the old banking system.

@FlutterPythoncombo 4 месяца назад

Thats exactly what I'm thinking, This is why I just use them to buy groceries!

@leojohn6702 3 месяца назад

If I would build one I would do it in Eastern Europe. You have clear advantages there.

@Alban.Bytyqi 3 месяца назад

All well said... The founder of starling bank mentioned you in her memuir book, Interestingly you did not mention that stint 😮 No personal story. Just realised I had heard your name somewhere else and it must be that book.

@CH-wn8sq 11 дней назад

HOW do you do this? How do you magically get people to use your product? How did you have the resources to build such a thing?

@hyanemoussassa1 4 месяца назад

Looooollll... Just missed Starling there 😜

@darknessguy4221 4 месяца назад

This video production feels like a @Bigthink content.

@pankaj16octdogra 4 месяца назад

Awsome

@Hshjshshjsj72727 3 месяца назад

Wau, nunca oí de monzo ..

@user-ke1ts9tr5e Месяц назад

I have started a fintech company but the tech required is very expensive dont know how to take it forward :(

@atandadavid5554 4 месяца назад

one key takeaway is knowing when to step back.

@emdadio 3 месяца назад

Morals of the story - it's alright to ask for help or it's alright to quit sometimes.

@iamvasee 24 дня назад

I’m starting a fintech company in India. And I’m looking for a technical cofounder.

@merlepatterson 2 месяца назад

Gotta keep the SBF's at bay.

@quachhengtony7651 3 месяца назад

So the YC partners are sort of like the Hokages of startups

@pragyaMishra1111 3 месяца назад

How to excel as life coach and wellness therapyist

@youssef.elmoumen 4 месяца назад

I was waiting him to say “either…or break those rules” because no one gets rich by following the rules

@aashishpandav5994 4 месяца назад

Is this what crack feels like? More content like this, please!

@BhushanAggarwal-oo5uc 4 месяца назад

Information about Startup services business in Hindi language

@FlutterPythoncombo 4 месяца назад

For some reason, This gives me Netflix documentary vibes instead of YC vibes

@a0um 4 месяца назад

How can you be processing so many transactions and not be profitable?!?

@mrsebastianhendricks 3 месяца назад

We busy with a start up in blockchain South Africa...

@lukhanyovictor 3 месяца назад

Tell me about it. I'm from South America

@Yotrek 4 месяца назад

Think big: start a bank. Think bigger: start a currency

@BigDataLogin 3 месяца назад

cool

@Nileshkumar-lf7oc 4 месяца назад

❤❤

@royerlle 3 месяца назад

I hope he still owns the company

@sad_boy_chandan1498 Месяц назад

Who is language

@AlexanderJohnLee 4 месяца назад

Why did he always quit when it got hard?

@lucasdwright 4 месяца назад

He failed upwards it seems. Got in a lot of key doors by pure luck and coasted off that.

@m389nkfpe03 4 месяца назад

Middle class privilege ... Private school ... Oxford Uni etc.@@lucasdwright

@nuuun9137 12 дней назад

BBC doing that, it’s like free advertising..

@user-ke6bm2kc8g 4 месяца назад

when the math doesn't math, my stomach hurts

@kwhandy 4 месяца назад

OH THIS VID LOOKS LIKE IT'S FROM GARY'S PRODUCTION HOUSE IN HIS HOME STUDIO, OH RIGHT HE'S THE HEAD NOW

@casinarro 4 месяца назад

There's an Indian or an Indian immigrant in every startup success stories nowadays. Indians are trusted everywhere to be great engineers

@george5464 3 месяца назад

He says Monzo is profitable? It’s not though…

@Dimitris144 4 месяца назад

even the way he strechted was nerdy

@marketdilemma 3 месяца назад

Literally yours thumbnail suck me, it's altogether not a bank but a nbfc non-banking financial company

@ycombinator 3 месяца назад

"Monzo Bank Limited, trading as Monzo, is a British online bank based in London, England." en.wikipedia.org/wiki/Monzo

@pankaj16octdogra 4 месяца назад

Better then indian farzi fintech startup

@Robi_l 4 месяца назад

😂😂 I'm about to start a fintech startup in india

@theframe2483 4 месяца назад

It's not a joke

@itsjustme684 4 месяца назад

@@theframe2483it is

@Robi_l 4 месяца назад

@@theframe2483 bro I have applied for PPI and UPI licence

@krisb-travel 4 месяца назад

Are you looking for investors ?

@phrous 4 месяца назад

You need fresher backend engineer? 😅

@CaliforniaRussianRiverBees 4 месяца назад

True life style 👨🏽‍💻💫🫵🏼⭐️💯 Great Video

@JBulsa Месяц назад

100 years. Joke. Less than 9.

@user-py9rf3kv9z 4 месяца назад

@tom blomefeld awesome

@kirkjimwoodmanaging1733 3 месяца назад

I'm thinking creating a startup here in the Philippines with an idea to revolutionize the public transport. I searched in Google if there is an idea of it already but then found out that there is "moovit" already.😅