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20VC: Do Rich Founders Make Better Founders | The Best Performing Fund Would Only Back YC Founders on Their Second Time | Why SPACs Will Come Back | Why Short Sellers Should Be Banned | Is Trump Better for Business than Biden with Jason Wilk @ Dave

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Manage episode 478221165 series 73567
Content provided by The Twenty Minute VC and Harry Stebbings. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Twenty Minute VC and Harry Stebbings or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Jason Wilk is the Founder and CEO of Dave, the greatest turnaround in the public markets of the last 12 months. Dave went public with a market cap of $4BN, just months later the company had a market cap of $50M. Today, they are back with a market cap of $1.1BN. In 2024, CNBC named Dave the best-performing financial stock in the country, achieving 900% growth.

In Today’s Episode We Discuss:

04:09 Do Rich Founders Make Better Founders

07:45 The Best Performing Fund Would Only Invest in YC Founders on Their Second Time

11:25 “We Went Public Too Late, It Was a Big Mistake”

17:53 Why Did Jason Choose to SPAC?

24:21 Why Does Jason Believe SPACs are Unfairly Demonised and Will Comeback?

29:47 How Does AI Change the Margin Structure of the Next Generation of Companies

33:14 Is Trump Better for Business than a Biden Administration?

38:35 Are We Heading into a Recession? Predictions for Next 12 Months?

46:26 Why Have No Neobanks Reached the Heights of Revolut in the US?

48:08 Why is the Opportunity in Low Income Banking Not High Income in the US?

50:07 Why Short Sellers Should Be Stopped and How Immoral They Are

  continue reading

1299 episodes

Artwork
iconShare
 
Manage episode 478221165 series 73567
Content provided by The Twenty Minute VC and Harry Stebbings. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Twenty Minute VC and Harry Stebbings or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Jason Wilk is the Founder and CEO of Dave, the greatest turnaround in the public markets of the last 12 months. Dave went public with a market cap of $4BN, just months later the company had a market cap of $50M. Today, they are back with a market cap of $1.1BN. In 2024, CNBC named Dave the best-performing financial stock in the country, achieving 900% growth.

In Today’s Episode We Discuss:

04:09 Do Rich Founders Make Better Founders

07:45 The Best Performing Fund Would Only Invest in YC Founders on Their Second Time

11:25 “We Went Public Too Late, It Was a Big Mistake”

17:53 Why Did Jason Choose to SPAC?

24:21 Why Does Jason Believe SPACs are Unfairly Demonised and Will Comeback?

29:47 How Does AI Change the Margin Structure of the Next Generation of Companies

33:14 Is Trump Better for Business than a Biden Administration?

38:35 Are We Heading into a Recession? Predictions for Next 12 Months?

46:26 Why Have No Neobanks Reached the Heights of Revolut in the US?

48:08 Why is the Opportunity in Low Income Banking Not High Income in the US?

50:07 Why Short Sellers Should Be Stopped and How Immoral They Are

  continue reading

1299 episodes

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