{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"20VC: How We Got Fred Wilson, Benchmark and Index to Invest $94M | Why Robinhood's Strategy is Wrong | Why 1-1s are BS and What Every Founder Gets Wrong About Equity | Why Taste Beats AI But How AI Kills Org Charts with Paul Erlanger, CEO @ fomo","description":"Paul Erlanger is the Co-Founder and CEO of FOMO, the social-first trading platform building the future of on-chain investing. Since founding the company in 2025, Paul has raised approximately $94 million, including a $17 million Series A led by Benchmark and a $75 million Series B led by Index Ventures with participation from USV, valuing the company at $550 million. Today, FOMO has grown to 600,000 users, processed over $4 billion in trading volume, and is adding thousands of new users every day\u2014all with a team of just 17 people. AGENDA:&amp;nbsp; 00:00 \u2013 Building a $550M Company with No Salaries, No Managers &amp;amp; No 1:1s 03:58 \u2013 Why Traditional Brokerages Will Lose in the Next 10 Years 09:30 \u2013 Why Robinhood's Strategy Is Wrong; The End of the Financial Super App?&amp;nbsp; 13:05 \u2013 &quot;Markets Aren't a Casino&quot; \u2014 The Case for Retail Investors Fighting Wall Street 16:45 \u2013 The Radical Hiring Bet: Giving Employees Founder-Level Equity 23:40 \u2013 AI Kills Org Charts: Why FOMO Will Stay Under 25 Employees 29:30 \u2013 Why Taste Beats AI &amp;amp; The Biggest Mistake Most Consumer Startups Make 33:10 \u2013 The Social Media Playbook That Every Startup Gets Wrong 39:20 \u2013 How Benchmark, Index &amp;amp; USV Won the Deal\u2014and the VC Advice Founders Need to Hear 46:10 \u2013 The Future of Investing: Social Trading, Creator Economies &amp;amp; Financial Networks &amp;nbsp; ","author_name":"The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch","author_url":"http:\/\/www.thetwentyminutevc.com\/","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/41835075\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/content\/203427010"}