Podcast with Jason Brown, Co-Founder and CEO of Tally Technologies
In our latest podcast, Christian Rolon (WG ’19) is joined by Jason Brown, the co-founder and CEO of Tally Technologies. Tally is the first automated debt manager, helping consumers pay down high interest rate credit card debt. Tally was founded in 2015, and was launched on iOS in October 2017. Tally now manages hundreds of millions of dollars in credit card debt and has saved people millions of dollars in interest and late fees since its launch. Tally has raised $42m in total from investors including Kleiner Perkins, Shasta Ventures, and Cowboy Ventures.
- Overview of Tally and how it helps consumers with their financial and mental well-being
- Jason’s personal connection to Tally, and the importance of user empathy for product development
- Tally’s business model, and how a more traditional lending model allows it to improve terms for customers
- How Tally took a contrarian approach — from its underwriting to its view on user engagement
- How Jason and Jasper divide responsibilities as CEO and President, and how their unique strengths and long working relationship allows them to better work together
- How Tally chose their VC partners, the importance of personal relationships with VC’s, and input that Tally’s VC advisors have provided
- Lessons from Jason’s prior startups — including falling in love with your potential hires
- How startups can best compete against incumbents
- Future direction for Tally
- Advice for MBA students interested in fintech
Jason is the co-founder and CEO of Tally Technologies. Tally is Jason’s third startup. His second startup Gen110 was also co-founded with his Tally co-founder Jasper Platz and was invested in by Kleiner Perkins. Gen110 was acquired by Solar Universe in 2013. Jason also worked at Voyager Capital, a VC firm focusing on early-stage software firms. Jason has his MBA from Chicago Booth, where he ran the Venture Capital and Private Equity Club and concentrated in Finance and Entrepreneurship. Jason received his BA from Boston University, graduating summa cum laude.