Jake Gibson is a co-founder and GP at Better Tomorrow Ventures, Silicon Valley's coolest early stage fintech VC firm. Previously, he co-founded NerdWallet, a $1b publicly listed company.Timestamps:00:00 - In this episode01:00 - Introduction03:04 - Inception of Nerdwallet, not taking VC money, building a marketing machine07:36 - Ringing the NASDAQ IPO bell and being a small part of something meaningfully big09:20 - Leaving a lot of money on the table to be a present parent to his twins11:52 - Using angel investing as a forcing function to figure out what to do next in life 14:57 - Teaming up with Sheel as a co-GP, complementary profiles, perfect match?19:09 - Low egos and how to manage friction between GPs20:58 - Raising Fund1, harder than expected. Fund2? Super easy. Fund3, hard again. 24:17 - Investing in the best founders, regardless of geography: Brazil, Saudi, Nigeria26:08 - Why is Jake bullish on Brazil?28:29 - The brain switch required to invest in emerging markets vs. in the US30:20 - How to keep a fresh mind when you've 'seen it all'?34:10 - Is fintech really only 1% built? or are we close to saturation?36:34 - How to blindly invest in the AI era when nobody knows what the world will look like?References:Nerdwallet - https://www.reuters.com/article/technology/startup-nerdwallet-raises-64-million-in-first-round-of-funding-idUSKBN0NW25G/Jake's partner Sheel - https://mercury.com/blog/sheel-mohnotAbout Cauridor [sponsor]:Cauridor is connecting businesses to a continent of payment opportunities. They’re building the payment rails across Africa to enable companies to process money transfers and payments to, from, and within the continent through a single API integration. With market-beating exchange rates and dedicated customer support teams on the ground, Cauridor empowers its partners to deliver a seamless and competitive payment journey to customers throughout Africa. For more info, visit: www.cauridor.comAbout OmniRetail [sponsor]:OmniRetail is a unified commerce company transforming how manufacturers, distributors, and retailers across Africa connect, trade, and access finance. Through its product suite (Omni One (manufacturer OS), OmniHub (distributor OS), OmniBiz (retailer OS), and OmniPay (embedded finance)) the company digitizes the entire B2B commerce chain, enabling smarter distribution, faster payments, and inclusive growth for small businesses. Operating across Nigeria, Ghana, and Côte d’Ivoire, OmniRetail is building Africa’s largest connected supply network for everyday essentials. For more info, visit: www.omniretail.africaListen on all platforms:Youtube - https://www.youtube.com/@TheDeluluPodSpotify - https://open.spotify.com/show/3vUDH5yEH6pvRkqM1TVaxSApple Podcasts - https://podcasts.apple.com/ca/podcast/the-rally-cap-podcast/id1731710244Where to find Jake:Linkedin: https://www.linkedin.com/in/jacobgibson/X/Twitter: https://x.com/iamjakestreamWhere to find Kyane:Linkedin: https://www.linkedin.com/in/kyanekassiriX/Twitter: https://twitter.com/kyanekassiri
