Episode 72: How to Create and Grow a Multi-Billion Dollar Company with Dan Macklin

My guest today is Dan Macklin, cofounder of SoFi, a multi-billion dollar publicly traded company, and the CEO of Salary Finance Inc. We talk about what it takes to grow a multi-billion dollar company, what it takes to raise capital, and the pitfalls and challenges along the way. We discuss shifting roles from co-founder of one company, to CEO of another, moving from the corporate to the start-up world, and the links of financial stress on a person’s well-being. Dan has some great anecdotes and advice for anyone trying to grow their own company.

Daniel Macklin is the co-founder of Social Finance Inc. ($20+ billion IPO), and CEO of the United States arm of Salary Finance Inc. He holds a B.A. in Business Economics from University of Durham in England, and an M.S. in Management degree from Stanford Graduate School of Business. Dan has been featured on Bloomberg, CNBC, Forbes, Reuters, and the Wall Street Journal. He is also an angel investor, guest lecturer at Stanford University, Tottenham Hotspur devotee, and future Amazing Race contestant.

In this episode, we’ll cover:

  • Dan’s work history and education before he co-founded SoFi
  • Tips for raising money and pitching to investors
  • Advice and things to avoid for your first three years of a new business
  • Dan’s decision process in leaving a company he founded and deciding what to do next
  • How Dan got involved with Salary Finance Inc
  • How Salary Finance Inc works and its challenges for the future
  • Financial stress and its links to your overall wellness
  • Making the move from the corporate to the start-up world
  • Role differences and similarities between a founder and a CEO

Links and resources mentioned during this episode:


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