Taavet Hinrikus Quotes

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When we talk about technology changing the world, we often hear about how it makes our lives easier, more connected, safer, or even healthier. They're all things we can easily identify with. The Internet makes our lives easier; services like...

We built TransferWise focused on customer innovation. That means we build our product based first and foremost on our customers.

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As technology progresses, I believe that fintech will fundamentally change finance.

Bitcoin, I think we can say, is dead.

People bought bitcoin because they thought it would be worth more tomorrow. And a lot of people got lucky. But we're not seeing real people use bitcoin. And we don't know what problem it solves. Now, blockchain, I think, is...

You start a business being hungry, foolish, and a little bit naive. But more often than not, you end up being disrupted yourself. It happened to Skype.

Large incumbents become big and sometimes become lazy and set themselves up for failure in the future.

Talent is the lifeblood of a fast-growing company.

As consumers in general, and with Millennials in particular, we're getting used to everything being cheaper, faster, better - and banks aren't keeping up.

Companies that are natively technology-focused I would trust more than a bank.

As a consumer, I'm definitely waiting for what's going to come after banks.

I did an MBA because when I left Skype, I didn't have a clear idea of whether I wanted to create or join a company. But you don't need an MBA to become an entrepreneur.

No amount of PR works if you've got a bad product.

Building a business is a marathon, not a sprint. I don't believe it when people tell me they've been working 80-hour weeks for five years in a row. I just don't think that's possible.

Doing something that empowers people makes you realise how boring it would be to work for a place where the goal is just to make more money. It's much easier to get out of bed and look forward to 12...

Banks are really bad when it comes to building consumer-centred products.

We believe that the future of money is digital.

Changing behaviour is a very slow process.

If you think about the influence it has had, it's incredible. Think of all the relationships that have been saved because of Skype.

Bitcoin and the whole discussion around it shows how big a need there is for innovation about what money is and how it is stored.

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