Nik Storonsky, Revolut Founder: What Revolut Needs to Do to Hit $100BN Valuation | E1233

[@20VC]

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[@TheAlobar00]

Zero fluff, just sharp insights. Really impressed by his clarity and rational thinking.

[@GD_SPORTS_ARENA]

So we should not care that his dad is Putins wallet?

[@leowich]

Nikolay, you surely need to appear more on the youtube, people admire you and the product you build. We miss you. And please smile!

[@jayrayjayme]

what is he a clown? should he clap hands for you too?

[@leowich]

@jayrayjayme Clap hands? No need, his achievements already speak louder. Though judging by your tone, you might be clapping solo in your echo chamber.

[@dato3218]

Russians don't smile

[@labsanta]

00:04 - Revolut's competitive edge relies on delivering superior liquidity and cost efficiency. 02:14 - Selecting strong team members is crucial for achieving goals independently. 06:12 - Effective hiring requires understanding roles before recruiting. 08:23 - Brand marketing is essential but hard to measure for growth. 12:42 - Nik Storonsky emphasizes the value and challenges of crypto integration in Revolut. 14:55 - Partnerships with banks affect Revolut's ability to innovate. 18:56 - Evaluating product launches and their challenges for Revolut's growth. 20:51 - Revolut's product launch strategy involves rigorous evaluation and scaling of successful bets. 24:38 - Revolut aims for expansion and simplicity in banking products. 26:45 - Revolut aims to increase market share and scale globally. 30:35 - Revolut maintains uniform culture and control of capital structure globally. 32:29 - Revolut faces challenges in Asia due to cultural and regulatory differences. 36:19 - Age and education significantly affect startup founder success rates. 38:30 - Nik Storonsky discusses success, happiness, and market goals. 42:12 - Learning from diverse experiences enhances openness and career optimization. 44:11 - Nik Storonsky shares insights on company leadership and personal motivations.

[@leebp9106]

Revolut is simply the best banking product ever launched. Never thought I could fall in love with a bank. I wish this guy would target insurance.

[@ИгорьКондратюк-ц8в]

Try Tinkoff or Alfa bank in Russia and you will understand where Nik get the inspiration to create Revolut…

[@SSRstudio]

Unless they will ban you

[@abkopec]

and pension!

[@JonnyMc-f6q]

Kazakhstan and Russia have the best banking products in the world. It comes from there.

[@lessonsfromthelivingroom]

Have you tried them all?

[@danielt3497]

39:46 this whole podcast has been a quick fire round. Good on you Harry and team for having so many questions ready! Really enjoyed this episode 👏👏

[@claudioperlini7577]

This episode is a goldmine, thank you Harry once again🙏

[@maciek1208]

The best spent 45min on yt in long long time. The amount of meet in every Nick’s answer is just staggering!

[@Gabriel965519437]

The connection between people's productivity and the expression 'there's doubt, there's no doubt' was spot-on.

[@agnieszkalaka8093]

Brilliant content. Very conversational, great questions, responses to the point. Loved it, I could easily watch two more hours of dip dive into some of the responses.

[@kimdejot]

Lol, the interviewer’s got such a crush on this guy. When he hit him with 'you look fresh', he took it too far lol.

[@cashiskingCineLover]

Grimace is money-crazed looking really, but the vegan looking CEO is brilliant.

[@trading-university.]

What a banger! I've been waiting for you to interview Nik, was not disappointed! cheers

[@jakedovey1586]

Shocked to see so little views here... Would expect far more!

[@MB-zz5re]

To those who keep commenting “Smile!” and “Accent too heavy!”….it’s a business interview podcast. Focus on the SUBSTANCE you are getting for FREE! SMH

[@digijanus]

Harry - We are Asia's largest channel focussed on Transformation of the financial Industry Love the work you have done with 20VC and completely changed the VC game. Would love to have you as a guest.

[@Scroll_the]

Yes Please

[@Glowmagia]

Grateful to Harry for finally wearing pants-had to pinch myself a couple of times to actually believe it. Nik is a legend, clearly building a $1T company. A great example of strategic persistence and mesmerising sobriety! With Trump’s team deregulation plans, it'll be riveting to watch how Revolut takes on and wins the US market.

[@Raelsalmacis]

Accent makes it a bit difficult to follow. Other than that, super interesting chat. The guy is a machine.

[@caradeluca3613]

very interesting interview! thanks for sharing.

[@adamssCars]

Great interviewer too. Great questions!

[@pobodjjd]

Thanks for the great content!

[@joshualieberman1059]

I’m a Russian myself so it should have been easy for me and I wouldn’t say it’s the heaviest accent I’ve ever heard but OMG the flow itself makes it so hard to understand.

[@landrybiangongone2583]

I love Revolut❤

[@googleplushits3672]

4:10 I look for people who can deliver, not talk around it. If more companies in the UK adopted this approach, productivity would significantly improve. During my consulting roles across various organizations, one consistent observation has been the lack of productivity among engineers. There’s often a lot of discussion but very little actual delivery.

[@ssseeessseeessseee]

Nikolay is brilliant but my ears are working overtime to cut through that accent 🤣

[@sanesanyo]

😂😂 same here

[@skoviant]

Same for Harry. British is hard too)

[@businessgirl7251]

What the nonsense you said. Clear your ears and don't drink before listen to videos.

[@agnieszkalaka8093]

Seriously…?

[@StudyAbroadProject]

Learn to appreciate the internal content over beautiful but empty speeches

[@alexv1032]

4:27 Nik meant "your employees are not cOmpetent", but mispronounced, and Harry heard it as "compEting" [thus his question]. Judging by their surprised looks, neither seems to have understood what happened!

[@googleplushits3672]

Excellent observation. I knew Harry also thought it was competing

[@kyrsid]

excellent interview.

[@h4lcyo]

Revolut is awesome. I wish they didn’t freeze my account with 400K on it.

[@Glowmagia]

What happened with 400K at the end?

[@c2225]

😂😂😂

[@c2225]

It's the worst

[@GS-vm4kv]

…

[@SSRstudio]

If you are wealthy a bit you are a problem to any fintech cause they should follow eu policy to punish the wealth literally I was banned but they was earning a lot with my account Banking system like poor customers nowadays

[@gitbuh12345qwerty]

dude is going to look like mr burns in 30 years.

[@noduslabs]

I wish the interviewer let the guy finish the sentences before cutting him off and jumping to the next question.

[@20VC]

So do I. What a shit interviewer.

[@noduslabs]

@@20VC I didn’t say shit, just a bit eager to jump to the next topic perhaps, but would be nice to have Nik elaborate on each answer a bit longer, because the details are super interesting.

[@AlanJaison1]

Shame if revolut lists in us, hopefully Uk stock market can keep more UK startups in the future

[@petropalovsk]

No chance

[@Glowmagia]

Well, whatever we wish, chances are slim.

[@idacomm5860]

Not with labour.

[@maximkmrr3879]

The legend 🤩

[@cryzophoenix6365]

Second cost is people ?? That’s MAD efficiency

[@Immortal10364]

LOVE FROM PUNE MAHARASHTRA🇮🇳🇮🇳🇮🇳 ❤😎👍🥰😀😍😃🧡🤝😘🥰❤😍❤❤❤

[@sender5804]

keep the streets clean

[@sem1246]

Nik is great, Revolut is great, but Tinkoff Bank was by far better.

[@h4lcyo]

Tinkoff who?

[@stanislavvasilevschii8032]

​@@h4lcyo It's a russian bank and banking app. After the war began, the largest owner was forced to sell it for pennies to pro putin oligarch. Actually Russian and overal CIA Banking services is way better than in the West. Just because they had less legacy and regulations. I can assure you a bank from Moldova (maybe poorest country in Europe). Has banking applications and services better than US, EU and UK. Best examples like Kaspi (from Kazachstan) or Monobank (Ukraine) are like Revolut on steroids.

[@sender5804]

in what? they copied from the West

[@nikolaybonapartov7379]

@@sender5804 what did they copy? They are still better than any "western" bank. which look like some prehistorics crap. I use both and can compare.

[@sem1246]

@@h4lcyo digital bank in Russia. They renamed it to Tbank. More services (insurance, air tickets, investing) , cash back, more comfortable application + web, private banking, etc. Maybe that’s it because they have more staff and focused only on one market 🤷‍♂️

[@SashaOrwell]

Pro-tip : listen on 0.8x speed to understand wtf Nik is saying 🙂‍↕️

[@filmawayvlad]

Great interview. Let’s link up and talk.

[@sandwarrior5579]

My man is seeking excelence in his people, but couldn't learn propper English for almost 20 years of living in UK. That accent is thick as hell

[@SSRstudio]

There is no excellence in revolut, if the market will be really free there will be dozens of better services Problem us overregulated market

[@glutamin111]

Gut feeling tells me it could be Wirecard Part 2

[@PanderTusk]

Легенда.

[@chaoticspark]

Man looks like a Bond villain

[@JameBlack]

And sounds alike😂

[@WealthyChronicle]

The debate about AI & brand marketing is heating up. Are you focusing on AI-driven ads or traditional methods for growth? 🚀🤖💡

[@LDacic]

The captions popping up on the screen are very annoying

[@mriz]

It just intro dudes

[@rmdomainer9042]

Gotta reduce those crypto fees for other levels than Ultra. Binance has 220 million users. Do the math.

[@davidlowe3854]

I appreicate what hes done but I find him unlikeable and wouldn't want to work with him.

[@zabak33]

Exactly.

[@evgshk]

Of course you wouldn’t work for him. He expects results, not just people hanging around drinking coffee in the office.

[@barberbarberski5924]

I worked with eastern europeans this accent isnt that bad.

[@andrewromanukha6541]

Reminded me of Gru’s twin brother Dru 😂

[@itscooldawgdonteventrip]

I scaled? nah his team who worked super hard in London the did that not him by himself

[@Lucas_Asher]

"KPI based leadership," = Analytics 🤣

[@MrNycres]

Analytics + action + impact + improvement feedback loop

[@MB-zz5re]

Analytics alone does not equal KPI-based leadership.

[@bliss9595]

What’s his secret to success? Hard work or daddy as a top exec of Russia’s biggest oil & gas company? Rhetorical question

[@chebysh8047]

Both

[@IkechiWoke-u6e]

First to comment 🎉🎉

[@20VC]

Even quicker than us!

[@joshualieberman1059]

Why did you change your mind about expanding into the glorious nation of Kazakhstan. The banking license and everything were right there….

[@SSRstudio]

Потому, что леваки в европе запретили так делать

[@albertobissacco]

please don't smile too much

[@kimdejot]

easy there!

[@ValeHow-de5ts]

I wonder why some big British media outlets tell a story about high level of toxicity in their corporate culture

[@Champsterz]

read 10 minutes into his website still don't know what the company does. international debit card?

[@ANUARKA]

Наш слон

[@alimtanta2934]

Gosh, both with a very heavy accent; quite difficult to understand. My ears are working overtime to cut through that accent.

[@АлександрАртёменко-х4м]

I’m Russian, but I cannot listen to him

[@claudioperlini7577]

😂

[@MrIlleism]

Very robotic or what?

[@kimdejot]

What do you mean?

[@askSergeyBelov]

Same

[@Shamil_Magomedov_]

The interviewer is so bad… I can’t stand him all the time interrupting. Such an idi*t. We want to hear the guest not him

[@9sanandreas]

the guy should start mewing before he swallows his own tongue lol

[@MB-zz5re]

Glad you were able to get the key takeaways, my guy.

[@LubiePlacki11]

I did not know that Russian is a founder of Revolut. Good that I never keep a lot of money there. Maybe it is time leave this app.

[@evilhomie4800]

Ого как он постарел быстро 🥺

[@whatdahack71]

The guys looks like he needs good rest not performance.

[@soneksss]

He should've speak Russian and get interpreted rather than trying to speak bad English and breaking your ears.

[@hippohop6539]

His grammar is rather correct and the vocabulary is quite precise. Having accent is normal. Looks like the interviewer and other listeners have no problem understanding him. So it sounds more like a “you-issue”. Having an accent only means a person was consistent and smart enough to learn it. The guy built quite a business, shares his experience and yet everyone talks about his accent

[@ale_karbi]

what languages do you speak besides english?