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Soon shifts investing option after Y Combinator launch
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Soon shifts investing option after Y Combinator launch

Soon shifts investing option after Y Combinator launch

Kevin Travers·
Fintech
·Apr. 7, 2022·1 min read

A couple of days after the pitch week rush, Founder and CMO Aaron Bylund commented on their successful launch and change to market strategy.

Soon Investing CMO
Aaron Bylund, CMO Soon

On launch week, he announced in a blog post that the Soon team went with a crypto investing option instead of the initial plan of debit card spend investing.

Bylund said they made the switch because it is faster to deliver and has less regulatory friction.

RELATED: Soon drives Y Combinator launch day with cash flow plan

“It was the shortest path to getting our product to market,” Bylund said. “Crypto also does really well with our investment strategy, which played a part in it.”

The shift also came from the growth experience of participating in the Y Combinator Winter Cohort. Bylund said the energy of that space encourages building a product that works fast.

“Honestly, it’s all an outcome of the change Y Combinator has had on us,” Bylund said. “Focusing on attaining product-market fit as quickly as possible.”

  • Kevin Travers
    Kevin Travers

    Intensely energetic news reporter asking questions covering the collision between Silicon Valley, Wall Street, and everywhere in-between. Studied history at the University of Delaware, learned to write at the Review, and debanked.

    View all posts

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Aaron BylundChirs LovatoY Combinator
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