Uploaded June 2026 | Updated September 2026, 2 weeks ago
Paul Erlanger is the Co-Founder and CEO of fomo, the social-first trading platform building the future of on-chain investing
Since founding the company in 2025, Paul has raised approximately $94 million, including a $17 million Series A led by Benchmark and a $75 million Series B led by Index Ventures with participation from USV, valuing the company at $550 million
Today, fomo has grown to 600,000 users, processed over $4 billion in trading volume, and is adding thousands of new users every day—all with a team of just 17 people
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Timestamps:
00:00 Intro
01:31 What Is fomo
02:37 Why Paul Did an Angel-Only Round With 140 Investors
04:22 How to Scale to Your First 1,000 Users
06:01 Why the Financial Super App Theory Is Wrong
10:06 Are Public Markets Just a Casino Now?
12:06 Ship Fast vs Ship Perfect
14:15 How Chase Supported fomo at the Inflection Point
26:22 Will 20% of Dev Salaries Go to Tokens?
29:07 Why There's Been No Big Social Company Since Snap
31:05 How to Build Momentum & Viral Loops Into a Product
32:41 Why fomo Is Becoming a Media Company
38:57 How Index & USV Led the Series B
44:11 Why Europe Is Winning in Fintech While the US Falls Behind
46:00 Quick-Fire Round
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Subscribe on Spotify:
open.spotify.com/show/3j2KMcZTtgTNBKwtZBMHvl?si=85bc9196860e4466
Subscribe on Apple Podcasts:
podcasts.apple.com/us/podcast/the-twenty-minute-vc-20vc-venture-capital-startup/id958230465
Follow Harry Stebbings on X:
twitter.com/HarryStebbings
Follow Paul Erlanger on X:
twitter.com/PaulErlanger
Follow 20VC on Instagram:
instagram.com/20vchq
Follow 20VC on TikTok:
tiktok.com/@20vc_tok
Visit our Website:
20vc.com
Subscribe to our Newsletter:
thetwentyminutevc.com/contact
-----------------------------------------------
#20vc #harrystebbings #founder #entrepreneur
Paul Erlanger is the Co-Founder and CEO of fomo, the social-first trading platform building the future of on-chain investing
Since founding the company in 2025, Paul has raised approximately $94 million, including a $17 million Series A led by Benchmark and a $75 million Series B led by Index Ventures with participation from USV, valuing the company at $550 million
Today, fomo has grown to 600,000 users, processed over $4 billion in trading volume, and is adding thousands of new users every day—all with a team of just 17 people
-----------------------------------------------
Timestamps:
00:00 Intro
01:31 What Is fomo
02:37 Why Paul Did an Angel-Only Round With 140 Investors
04:22 How to Scale to Your First 1,000 Users
06:01 Why the Financial Super App Theory Is Wrong
10:06 Are Public Markets Just a Casino Now?
12:06 Ship Fast vs Ship Perfect
14:15 How Chase Supported fomo at the Inflection Point
26:22 Will 20% of Dev Salaries Go to Tokens?
29:07 Why There's Been No Big Social Company Since Snap
31:05 How to Build Momentum & Viral Loops Into a Product
32:41 Why fomo Is Becoming a Media Company
38:57 How Index & USV Led the Series B
44:11 Why Europe Is Winning in Fintech While the US Falls Behind
46:00 Quick-Fire Round
----------------------------------------------------------------------------------------------
Subscribe on Spotify:
open.spotify.com/show/3j2KMcZTtgTNBKwtZBMHvl?si=85bc9196860e4466
Subscribe on Apple Podcasts:
podcasts.apple.com/us/podcast/the-twenty-minute-vc-20vc-venture-capital-startup/id958230465
Follow Harry Stebbings on X:
twitter.com/HarryStebbings
Follow Paul Erlanger on X:
twitter.com/PaulErlanger
Follow 20VC on Instagram:
instagram.com/20vchq
Follow 20VC on TikTok:
tiktok.com/@20vc_tok
Visit our Website:
20vc.com
Subscribe to our Newsletter:
thetwentyminutevc.com/contact
-----------------------------------------------
#20vc #harrystebbings #founder #entrepreneur
