31 min
Scaling a Payments Business with Mike Vaughan, former COO of Venmo & Exec-in-residence at Oak HC/FT Wharton FinTech Podcast
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- Technology
In our latest podcast, Peter Jankovsky (WG'20) is joined by Mike Vaughan. Mike is currently an Executive in Residence at Oak HC/FT, a leading venture capital firm investing in early to growth-stage companies in healthcare and fintech with ~$2 B in AUM. Prior to this role, Mike was the COO of Venmo, scaling the business from the ground floor to 40 M active users, a $300 M revenue run rate, and $100 B in payments in 2019.
In this episode, Mike shares:
- His background and why he jumped into entrepreneurship after graduating from Wharton
- Lessons learned from the early days of Venmo
- The key decisions that enabled Venmo to scale over time
- Mike's focus at Oak HC/FT and his view on where the next wave of innovation will be in FinTech
- Advice for those starting their careers in FinTech
Over more than two decades, Mike has developed successful businesses across multiple industries, including three exits totaling >$1 B in market value. He currently serves as an independent board member and active advisor to several early and growth-stage enterprise and consumer tech companies. Mike graduated with an economics degree from Wharton.
In our latest podcast, Peter Jankovsky (WG'20) is joined by Mike Vaughan. Mike is currently an Executive in Residence at Oak HC/FT, a leading venture capital firm investing in early to growth-stage companies in healthcare and fintech with ~$2 B in AUM. Prior to this role, Mike was the COO of Venmo, scaling the business from the ground floor to 40 M active users, a $300 M revenue run rate, and $100 B in payments in 2019.
In this episode, Mike shares:
- His background and why he jumped into entrepreneurship after graduating from Wharton
- Lessons learned from the early days of Venmo
- The key decisions that enabled Venmo to scale over time
- Mike's focus at Oak HC/FT and his view on where the next wave of innovation will be in FinTech
- Advice for those starting their careers in FinTech
Over more than two decades, Mike has developed successful businesses across multiple industries, including three exits totaling >$1 B in market value. He currently serves as an independent board member and active advisor to several early and growth-stage enterprise and consumer tech companies. Mike graduated with an economics degree from Wharton.
31 min