Dmitry Zlokazov: evaluation

Transcript context

…As you know, I've been doing a bunch of research into which companies hire and create the best product managers, and I've been triangulating this across a bunch of different data points. I've been looking at which companies alumni product managers get promoted most when they leave the company, become chief product officers at the highest rate when they leave the company, become the first PM at a startup, also start their own companies. And when I triangulate it across all these different data points, there's three companies that are kind of sat at the top, you guys, Revolut, Palantir, and Intercom. Clearly you guys are doing something really special. I don't think a lot of people, especially in the US know a ton about Revolut, and so I'm really excited to have you here. I'm really excited to basically extract as much wisdom as I can from you about what you guys have figured out in helping in hiring and training product managers. So I want to actually start with giving people a slight understanding of what is Revolut. I think a lot of people in the US especially don't know much about it. So what's the simplest way to understand what you guys do? Revolut challenges banks in 50 different countries and it all started 10 years ago in London. So maybe let me give you a bit of a context, especially for someone based in the US, it's important to understand that European banking landscape is very diverse. In the US if you travel from state to state, things are different, but for example, you always pay in US dollars, right? In the UK you pay in British Pound. If you travel to mainland Europe, you will pay in Euro, but if you go to Switzerland, you'll pay in Swiss francs. If you go to Sweden, you'll pay in Swedish Krona and so on and so-and-so. Overall, there are 25 different currencies and every time you were traveling and paying in a different currency, banks were charging you exorbitant fees on top of terrible foreign exchange rates, and that's when Revolut launched as a multi-currency card and people loved it. They loved that Revolut was saving them 50 or 100 euros, but even more so they loved the transparency and simplicity of the product and that's why when we started rolling out more and more products based on those principles, they were quickly getting trust of people. They were quickly getting traction. So that's how P2P transfers appeared, and then frictionless crypto buying and withdrawal to a bank account appeared. And then more and more products created products, savings products and so on. Awesome. And then just to give people a few kind of scale of the company, how many employees are there roughly? I think the last valuation something around 60 billion. I don't know if you can even comment on that, but just what are some numbers real quick for people to understand the scale of the company at this point?…

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