In this episode of the Say It Skillfully® podcast, Molly sits down with Noel Moldvai—entrepreneur, CEO, and co-founder of Augment—for an inspiring conversation about resilience, emotional intelligence, and what it truly means to lead.
Noel shares his journey from leaving Yugoslavia as a young boy to navigating life as a first-generation immigrant in Canada and California, learning English as his third language, and finding his path from Berkeley to Google to Rubrik before taking the leap into founding his own company.
He opens up about the hard-won lessons that shaped him as a leader: why EQ matters more than IQ, how he learned to manage his own emotional reactions before trying to lead others, and the near-death moments at Augment that tested everything he had. He also shares the surprisingly personal origin story behind Augment (a platform now being called the Robinhood for private markets) born out of his own frustration trying to access locked-up startup equity just to buy an engagement ring and a home.
Honest, grounded, and deeply human, this episode is a reminder that naiveté can be both a blessing and a curse, and sometimes, it's exactly what it takes to build something the world has never seen.
Chapters:
0:00 EQ, IQ, and the importance of people
0:33 Molly introduces Noel Moldvai and Augment
2:34 Noel’s earliest memory and leaving Yugoslavia
3:52 Leaving family behind and starting over
6:28 Learning English in Canada
8:03 School, math, physics, and childhood mischief
11:05 Belonging, family traditions, and growing up between cultures
13:12 Returning to Hungary and Serbia
14:24 College, self-motivation, and finding his path
19:23 Becoming a self-starter and learning to build teams
21:41 Google, Rubrik, and realizing he wanted something different
28:00 Why EQ matters more than IQ
30:42 Managing emotional reactions and making better decisions
33:53 Meditation, exercise, and creating stillness
35:37 The backstory behind Augment
36:57 Unlocking private equity and the problem Noel wanted to solve
40:52 Building the Robinhood for private markets
41:29 Co-founding Augment and learning from differences
47:52 Respect, empathy, and high-performing teams
48:43 Ego, rejection, and the pain of startup life
50:48 Reducing risk one step at a time
52:49 Hobbies, family, ice baths, reading, and motorcycles
53:42 Introversion and heavy metal
54:53 Noel’s do-over: taking it easier in college
55:55 Rapid-fire: next life, nicknames, and favorite food
56:42 Noel’s top takeaway: the blessing and curse of naiveté
57:03 What it was like for Noel to share his journey
57:58 Molly’s closing reflections
58:29 Final thought: people and the connections among them
58:58 Say It Skillfully closing message