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EP2: Bo Jiang on building Privacy.com and pivoting to Lithic
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EP2: Bo Jiang on building Privacy.com and pivoting to Lithic

Conversation with Bo Jiang - founder and CEO of Lithic, which offers an API for card issuing. We talk about Bo's incredible journey starting out as a consumer focussed company (Privacy.com), and pivoting to Lithic, which is an easy to use API for card issuing.

Today, Lithic is one of the fastest growing company in Fintech and recently announced a Series C at an $800m valuation. In this conversation, we focus on the early days and pivotal moments in Bo's journey.

Episode Highlights:

  1. Growing up in the midwest

  2. How Bo got started building products

  3. Story and insight that led to Privacy.com

  4. Challenges building on a legacy processor

  5. Anatomy of a card transaction - acceptance vs issuance

  6. Why they built their own infrastructure for issuance

  7. Lightbulb moment to pivot from Privacy.com to Lithic

  8. Programmable money and new use cases the Lithic API enables

  9. Impact of Covid - metrics and remote work

  10. Thoughts and reflections on crypto

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