How Do You Achieve a Top 1% YC Exit? DrChrono & JustPaid.io Founder Daniel Kivatinos Reveals the Formula

Is FinTech dead? With the rise of AI and recent industry shakeups, many are asking this question. But what if the most exciting days of FinTech are still ahead? 

In this episode of Lobster Talks, host Gabriel Jarrosson interviews Daniel Kivatinos, a serial entrepreneur who has successfully navigated the highs and lows of the startup world. Daniel shares the story of building DrChrono, his first company, into a top 1% YC exit, and his insights on why he's now diving back into the complex and exciting world of FinTech with his new venture, JustPaid.io.

The conversation dives into Daniel's experiences with Y Combinator, both in its early days and in its current, more structured form. He shares valuable advice on building a strong company culture, the importance of rapid iteration, and the crucial role of delegation in scaling a business. Daniel also discusses the evolving landscape of FinTech, the challenges and opportunities it presents, and why he believes it remains a vital industry with immense potential for disruption. 

Join us as we dive into the future of FinTech, the power of Y Combinator community, and the lessons learned from building a top 1% YC exit.

EPISODE IN A GLANCE

- The Current State of FinTech and Opportunities for Disruption

- Daniel's Perspective on Building a Company for the Long Haul

- The Story of DrChrono's Journey to a Top 1% YC Exit

- Why Y Combinator was Instrumental in DrChrono's Success

- The Power of Hacker News and Early YC Community

- The Evolution of YC and Its Modern Tools

- Reconnecting with YC: A Second-Time Founder’s Perspective

- The Value of Founder-to-Founder Support

- Lobster Capital's Investment Thesis and Top 1% YC Exit

- The Journey and Challenges of Building DrChrono

- Scaling and Delegating for Success

- Introducing JustPaid.io: Revolutionizing Revenue Collection

- The Importance of Company Culture and Long-Term Vision

- Closing Thoughts and Book Recommendations

ABOUT DANIEL KIVATINOS

Daniel is the cofounder and CEO of JustPaid.io (Y Combinator 2023) and cofounder and former COO of DrChrono (Y Combinator 2011, a top 1% YC exit).

CONNECT WITH DANIEL

Website → https://www.justpaid.io/

LinkedIn → https://www.linkedin.com/in/kivatinos/

LinkedIn → https://www.linkedin.com/company/justpaid/

GRAB THE BOOKS OF JIM COLLINS, THE AUTHOR DANIEL RECOMMENDS → https://www.jimcollins.com/books.html

ABOUT GABRIEL JARROSSON

Gabriel Jarrosson is a seasoned investor and entrepreneur with over a decade of experience in the startup space and the General Partner of Lobster Capital. He has invested over $25M in Y Combinator startups. Having sold three of his own startups, he shares his expertise in his books "My Investor Secrets" and "Investing in Startups: x100 or Nothing."

CONNECT WITH GABRIEL JARROSSON

YouTube → https://www.youtube.com/@lobstercapital

Website → https://www.lobstercap.com/

LinkedIn → https://www.linkedin.com/in/gabrieljarrosson/

Instagram → https://www.instagram.com/lobstercapital/

Tiktok → https://www.tiktok.com/@lobstercapital

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