Join us for an inspiring episode of the Product Podcast with David Myszewski, as we dive into his incredible journey from an Apple engineer to a leading fintech innovator at Wealthfront. David shares his unique path from Wyoming to Silicon Valley, discussing his pivotal role in launching the first iPhone.
When he joined Wealthfront, the company was managing approximately $3 billion in assets. During his time at the company, he has experienced an extraordinary 20x growth, with Wealthfront now overseeing over $60 billion in assets under management.
David discusses Wealthfront's innovative features like tax loss harvesting and direct indexing, which have saved clients significant amounts in taxes. He emphasizes the importance of simplifying products to meet client needs and prioritizing long-term wealth-building. We also touch on future trends in fintech, including the strategic importance of bundling services to deliver comprehensive value to consumers.
Tune in to gain valuable insights from David's experiences and learn how continuous innovation and customer feedback drive successful product development. Don't miss this fascinating conversation about revolutionizing tech and fintech!
Episode Highlights
(00:00) 🎙️ Intro
(03:45) 📱 Work on the first iPhone team
(06:00) 👨💻 Did you get to demo in front of Steve Jobs?
(08:23) 📈 From $3B assets to over $60B assets under management at Wealthfront
(13:53) 💼 Caring about building long-term wealth for their clients
(16:16) ⚙️ Spending about 70% of our time optimizing existing products
(28:14) 🔬 Leverage research when building better products
(31:52) 🎨 Where does design fit into the org?
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Credits:
Host: Carlos Gonzalez de Villaumbrosia
Guest: David Myszewski