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Santiago Suárez

👤 Speaker
586 total appearances
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Appearances Over Time

Podcast Appearances

The a16z Show
The Fintech Playbook for Latin America

And we're out there talking to investors being like, oh, our programs run and give you a different answer every time because they're probabilistic.

The a16z Show
The Fintech Playbook for Latin America

This is how AI is going to happen.

The a16z Show
The Fintech Playbook for Latin America

That was about the one thing we had going for ourselves there.

The a16z Show
The Fintech Playbook for Latin America

But I was so excited about the potential of that technology.

The a16z Show
The Fintech Playbook for Latin America

We were just a couple decades early.

The a16z Show
The Fintech Playbook for Latin America

And then to your point, we had four co-founders.

The a16z Show
The Fintech Playbook for Latin America

And in the 12 months I was there, we had four or five CEOs.

The a16z Show
The Fintech Playbook for Latin America

And I was the CEO for 35 days at the end of that stint.

The a16z Show
The Fintech Playbook for Latin America

And then I decided that what we needed was to fire a co-founder because he wasn't doing a good job in my 23-year-old head.

The a16z Show
The Fintech Playbook for Latin America

So I talked to the right people supposedly to gather support.

The a16z Show
The Fintech Playbook for Latin America

And then I fired him.

The a16z Show
The Fintech Playbook for Latin America

And within 24 hours, the four co-founders were like, yeah, that's cute, but you're out of here.

The a16z Show
The Fintech Playbook for Latin America

And I think the lessons there, one was,

The a16z Show
The Fintech Playbook for Latin America

I mean, there's a non-obvious one, which is obvious, which is, well, the power of AI.

The a16z Show
The Fintech Playbook for Latin America

The second was the power of getting organized internally to pursue a goal.

The a16z Show
The Fintech Playbook for Latin America

And I think one of the things that we've been able to do at Addy well, in spite of some challenges through the years, is being very good at organizing ourselves.

The a16z Show
The Fintech Playbook for Latin America

I was just having breakfast with one of our board members, and we brought our new CFO.

The a16z Show
The Fintech Playbook for Latin America

And

The a16z Show
The Fintech Playbook for Latin America

The new CFO has an 11-year career at Melly.

The a16z Show
The Fintech Playbook for Latin America

And this board member asked him, hey, what is the thing that surprised you the most?