S8 E9: Lilac Bar David, Lili

Code Story: Insights from Startup Tech Leaders

Noah Labhart - Startup Founder & CTO

Tech News, News, Business, Technology, Entrepreneurship, Careers

4.6 • 216 Ratings

🗓️ 13 June 2023

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

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Summary

Lilac Bar David has been in the banking and payments space for over 20 years. Previously, she was the Co-founder & CEO of Pepper, a banking system focused on millennials and young adults. Outside of tech, she has 3 kids, and enjoys everything to do with the sea - paddle boarding, swimming, etc. She enjoys paddle boarding because it helps her to clear her head. And when it comes to food, she is a fan of Thai, and claims that New York has the best Thai food - outside of Thailand, of course. Lilac and her co-founders started to think about business owners, and all of the things they had to manually, and in disconnected, non-optimal ways. They wanted to build a banking solution that was tailored towards these users - starting with freelancers. This is the creation story of Lili. Our Sponsors: * Check out Kinsta: https://kinsta.com * Check out Red Hat: https://www.redhat.com * Check out Vanta: https://vanta.com/CODESTORY Support this podcast at — https://redcircle.com/code-story/donations Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

Transcript

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0:00.0	Should we build it? How much do we want to own from a back-end process?
0:05.0	And how much do we want to outsource?
0:08.0	So we ended up working with Galileo as an infrastructure, which dominates a lot of the products in the market, in the U.S. market.
0:15.0	And on top of that, we wanted to control the entire experience.
0:19.0	So orchestrating our own onboarding process
0:22.6	navigating through all of the different customer experience elements in regards to the mobile device
0:27.6	and making sure that we are creating some of those different magic moments and I think you know what
0:33.6	we were trying to do from day one is great experiences that are joyful my name is
0:39.9	lilac bar david and i'm the co-founder and CEO of lily this is code story a podcast bringing
0:50.3	you interviews with tech visionaries six months moonlighting there moonlighting. There's nothing at the backcats.
0:55.8	Who share what it takes to change in industry.
0:58.3	I don't exactly know what to do next.
1:00.2	Just took many goes to get right.
1:02.0	Who built the teams that have their back.
1:04.5	The company is its people.
1:06.1	The teams help each other achieve.
1:07.5	Most proud of our team.
1:09.0	Keeping scalability top of mind.
1:11.6	All that infrastructure is a pain.
1:12.8	Yes, we've been fighting it as we grew.
1:14.6	Total waste of time.
1:15.9	The stories you don't read in the headlines.
	...

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