What powers the brands and financial services we love to use? Commerce infrastructure, of course.
The more consumers adopt digital products and demand fast, delightful experiences from their brands, the more this space grows. Commerce Conversations is a podcast from Commerce Ventures, where we dive into the most interesting emerging themes across retail tech and FinTech. Tune in for research deep dives, industry conversations, and intimate CEO interviews from our team.
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What powers the brands and financial services we love to use? Commerce infrastructure, of course.
The more consumers adopt digital products and demand fast, delightful experiences from their brands, the more this space grows. Commerce Conversations is a podcast from Commerce Ventures, where we dive into the most interesting emerging themes across retail tech and FinTech. Tune in for research deep dives, industry conversations, and intimate CEO interviews from our team.
Combatting the Retirement Crisis, with Aaron Schumm
Commerce Conversations
28 minutes 26 seconds
1 year ago
Combatting the Retirement Crisis, with Aaron Schumm
This episode of Commerce Conversations features a conversation between Dan Rosen, founder and partner at Commerce Ventures, and Aaron Schumm, CEO and founder of Vestwell. They discuss Aaron’s journey from a blue-collar Chicago upbringing to becoming a serial entrepreneur. Aaron shares how early interests in finance, shaped by his father’s stock market discussions, led him to a corporate finance career and eventually to entrepreneurship.
Aaron recounts pivotal experiences, like founding and selling a startup before Vestwell, which focuses on addressing America’s retirement crisis. His journey has been marked by challenges, including capital-raising difficulties during COVID-19 and the need to build core technology from scratch. He highlights the complexity and patience required in building financial infrastructure and acknowledges how government legislation, especially bipartisan efforts on Capitol Hill, impact the financial sector.
Aaron also expresses admiration for industry leaders like Jamie Dimon and emphasizes the importance of solving real-world problems with purpose. His advice to aspiring founders focuses on patience, problem-solving, and humility, advocating for building businesses that contribute positively to society.
Commerce Conversations
What powers the brands and financial services we love to use? Commerce infrastructure, of course.
The more consumers adopt digital products and demand fast, delightful experiences from their brands, the more this space grows. Commerce Conversations is a podcast from Commerce Ventures, where we dive into the most interesting emerging themes across retail tech and FinTech. Tune in for research deep dives, industry conversations, and intimate CEO interviews from our team.