Wharton FinTech Podcast

Lightspeed's Justin Overdorff: Empowering The Next Generation of Fintech Unicorns!

01.05.2022 - By Wharton Fintech PodcastPlay

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In his final episode, Ryan Zauk sits down with none other than Justin Overdorff, former Stripe exec and now Lightspeed's newest Fintech partner, based in New York City.

Justin joined Lightspeed after an incredible career spanning Wall Street, growth equity, Techstars, Yelp!, Stripe, a whole lot of angel investing (Lithic, Alloy, Orum, Moov, Stir, Puzzle), and of course…a 2-year stop at Wharton for his MBA. At Lightspeed, Justin is helping lead the team's Fintech practice and build on its portfolio investments in iconic companies like Affirm and Carta.

As a Fintech junkie with a product-focused passion for tech, Justin understands the true value of innovation and how it can serve as a major impetus for change. Justin's previous experience at Stripe (which they cover in-depth) stoked his passion for Fintech and the constraints of creative problem-solving in a regulated industry.

In today's episode, they discuss:

- His long, winding journey from mortgage trading at Bank of America to building world-changing products at Stripe

- How he got into fintech and a big, early missed investment opportunity

- The secret sauce of Stripe

- His new role at Lightspeed and why he left arguably the greatest startup in the world to join the Lightspeed team

- The cruciality of narrowing your focus in venture

- What fintech sectors he's most excited about investing in

- How he's thinking about valuation in this raging bull market and credit cycle

- The underestimated TAMs in fintech

- Facebook Libras "Leroy Jenkins!" moment

- A fun rapid-fire round

And so much more!

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