
Discover more from Adam's Newsletter
Hi, I'm Adam Schoenfeld. Each week I share one question, idea, or framework that I’m learning from others, along with updates from my podcast and Seattle startup tracker.
Over 1,000 subscribers
Continue reading
How did Remitly’s CEO start in such a complex industry?
“It took jumping in and just doing it, as opposed to looking at all the risks and weighing the decision.” said Matt Oppenheimer (CEO at Remitly).
I think of this as calculating less.
When starting Remitly Matt realized that, “starting a money transmission business would be irrational.”
This stuck with me. I always think I can preplan all the angles and weigh all the risks. But it never unfolds as expected, and over-calculating just makes the crazy odds more clear.
Maybe the only thing you can expect is to be surprised?
Matt shared how this helped him build Remitly at the 16-minute mark in this podcast.
Has this been true in your life? Replies welcome.