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Code Story: Insights from Startup Tech Leaders

S9 E32: Shalin Madan, Formidium

Code Story: Insights from Startup Tech Leaders

Noah Labhart - Startup Founder & CTO

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

4.6216 Ratings

🗓️ 16 July 2024

⏱️ 27 minutes

🧾️ Download transcript

Summary

Shalin Madan immigrated to the US when he was 6 years old. He spent 20 years in the financial markets, of which he got into when he was a teenager. HIs first and best memory of the industry is when Netspace IPO's, and the stock went up 300% in the first day. Outside of finance and tech, he enjoys cooking, frequents the gym, and loves to travel. He's also a learner, studying philosophy, relationships, and of course, the macro economy. Shalin found himself frustrated with working for others, which drove him into entrepreneurship. When he came across his current venture, he invested in the firm, became a part of it, and eventually, became the last co-founder, in a company administrating funds with cutting edge technology. This is the creation story of Formidium. 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

I would just say from a personal standpoint, we live in an amazing time, irrespecting what people think.

0:07.0

It is really amazing to see what's happening. I'm bullish. I'm bullish for the future. I'm generally an optimist.

0:13.0

I can see technology making our staff's lives better, not having to say use Excel, which would have been the primary quote-unquote technology

0:21.8

in our business. That is, it's amazing to see our staff focusing their time on much more productive

0:28.6

items because the technology is taking care of some of the things that made them less productive.

0:33.8

My name is Shal and Medan. I am the co-founder and chief growth officer of Formidium.

0:42.0

This is Code Story. A podcast bringing you interviews with tech visionaries.

0:47.8

It's six months moonlighting.

0:49.4

There's nothing at the backcans.

0:51.3

Who share what it takes to change in industry.

0:53.8

I don't exactly know what to do next.

0:55.1

She took many goes to get right.

0:57.6

Who built the teams that have their back.

1:00.0

The company is its people.

1:01.6

The teams help each other achieve.

1:03.0

I was proud of her team.

1:04.6

Keeping scalability top of mind.

1:07.1

All that infrastructure is a pain.

1:08.3

Yes, we've been fighting it as a group.

1:10.0

Total waste of time.

1:11.4

The stories you don't read in the headlines.

1:14.0

It's not an easy thing to achieve, my view.

...

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