Stake - The Scaleup CEO Shuffle

Stake Co-Founders Matt Leibowitz and Dan Silver join Dexter Cousins in episode 182 of Fintech Chatter Podcast.

In another one of our 'Origin Stories' Matt and Dan share their incredible journey from becoming friends to becoming business partners. Stake is one of Australia's most successful Fintech. They have raised US $93.5m to date with Tiger Global investing in their $50m Series A in March 2022.

Their international success and growth has led Matt and Dan to see a much bigger opportunity ahead of them than they first envisaged in 2017 when Stake launched

Entrepreneurs are often known for their adaptability in driving scaleups, but many find it difficult adapting to someone else at the helm. For many scaleups, the CEO shuffle is a key part of long term success, but why?

Stake is the latest scaleup to appoint a new CEO,  Jon Howie, seeing Matt return to his roots in product and business strategy.

But for many founders, the thought of letting go of their baby is unfathomable. Dexter chats to Matt and Dan about their thinking in bringing in Jon and their appointment last year of Chair, Geoff Lloyd. 

Tune in for an honest, thoughtful and candid discussion on life as co-founders and 'letting go of the baby' as we celebrate the first seven years of Stake.

Dan and Matt share lessons they've learned, the decisions they've made and the people they've brought on board as they Stake a market leading position in the next seven years.

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