34. How I Built A Fintech AI Business As A Non-Technical Founder

34. How I Built A Fintech AI Business As A Non-Technical Founder

Learning notes from this episode:

  • An algorithm is just a set of instructions that you put into a computer.
  • JS created a prototype of his algorithm using a spreadsheet. The aim of his algorithm was to give out loans to customers. He bought lending data from the Lending Club and tested it against a control group. This means one set of loan applications was assessed by the algorithm and the other was done manually. By doing this, JS proved that his algorithm was making correct decisions.
  • JS Kung does not have a co-founder. This is contrary to what a lot of prominent VCs say they want, but is in line with several successful founders who have spoken to us: Robyn Exton at HER, Asaf Navot at Home Made, and David Segura who sold Giant Media and is now one of NYC's top angel investors.

If you want to go from idea to action and work with Sophia one on one, here's the February Idea To Action offer.

To join our weekly expert masterclasses, access learning notes and our unique professional community, join the Tech for Non-Techies membership community. As a community member, you'll get:

  • Weekly live masterclasses with global experts
  • Mini-course on how to go from idea to live app
  • Supportive Online Community
  • Library of masterclasses
  • Monthly live coaching with Sophia Matveeva, tech entrepreneur & Chicago Booth MBA
  • Exclusive Resources & Perks

Learn more and sign up at https://www.techfornontechies.co/membership

Say hi to Sophia on Twitter.

Following us on Facebook and Instagram will make you smarter.

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(325)

324. Are you the expert Claude recommends? How to stand out in the age of AI

324. Are you the expert Claude recommends? How to stand out in the age of AI

Q4 is here. This is when budgets get signed off and promotions get decided.  The opportunities won't necessarily go to the smartest or most hard working people in the room. They will go to the most vi...

7 Okt 13min

323. The grown up side of crypto: how JP Morgan, Visa and Mastercard are using blockchain to reshape global finance

323. The grown up side of crypto: how JP Morgan, Visa and Mastercard are using blockchain to reshape global finance

Crypto has grown up. It's now no longer just about overnight millionaires and meme coins. It is now how the largest corporations do business.  JP Morgan has processed over $5 trillion through its bloc...

30 Sep 30min

322. How much does it cost to build an app? And other questions non-technical founders are afraid to ask

322. How much does it cost to build an app? And other questions non-technical founders are afraid to ask

How much does it cost to build an app? Is my agency ripping me off? How do I know if what they built is any good? Am I being too demanding — or not demanding enough? Every non-technical founder is ter...

23 Sep 36min

321. Why 80% of AI projects fail — and it's not the AI's fault

321. Why 80% of AI projects fail — and it's not the AI's fault

Contrast two AI projects. One cost $600,000 to build, $500,000 per year to maintain and was shut down as functionally unusable. The other cut energy waste, reduced equipment damage, and returned 35.8%...

16 Sep 16min

320. Calendly: the $3bn non-technical founder success story

320. Calendly: the $3bn non-technical founder success story

Tope Awotona had no co-founder, no coding ability, and three failed startups behind him. None of that stopped him — today, Calendly is worth $3 billion, used by over 20 million people in 230+ countrie...

9 Sep 26min

319. Your judgment is your most valuable asset. Are you losing it to AI?

319. Your judgment is your most valuable asset. Are you losing it to AI?

A financial analyst spots something wrong with a deal. He writes up his dissent. But the AI disagreed. The investment committee spent 90 seconds discussing his objection, and went with the AI score. A...

2 Sep 25min

318. Why US startups beat Europeans, and lessons from Slack and Dropbox

318. Why US startups beat Europeans, and lessons from Slack and Dropbox

Slack went viral without spending on ads. Dropbox grew 3,900% without a marketing team. Every founder knows these stories. What most don't know is what was actually happening behind the scenes. This e...

26 Aug 23min

317. From Excel spreadsheet to AI company: the non-technical CEO's playbook

317. From Excel spreadsheet to AI company: the non-technical CEO's playbook

A non-technical CEO built a mobile network, then transformed a startup into an AI company. Here's exactly how he did it — and what he learned about investors. Peter Scott has done things that most peo...

19 Aug 31min

Populärt inom Business & ekonomi

framgangspodden
rss-jossan-nina
varvet
badfluence
uppgang-och-fall
24fragor
rss-borsens-finest
rss-dr-bjorklund
rss-inga-dumma-fragor-om-pengar
avanzapodden
rss-kort-lang-analyspodden-fran-di
bathina-en-podcast
rss-dagen-med-di
tabberaset
kapitalet-en-podd-om-ekonomi
bilar-med-sladd
rikatillsammans-om-privatekonomi-rikedom-i-livet
borsmorgon
lastbilspodden
fill-or-kill