transcript · 14,432 words

William Hockey - Building the Operating System for the Dollar and Silicon Valley Heresy - [Invest Like the Best, EP.463]

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Hello and welcome everyone. I'm Patrick O'Shaughnessy and this is Invest Like the Best. This show is an open-ended exploration of markets, ideas, stories, and strategies that will help you better invest both your time and your money. If you enjoy these conversations and want to go deeper, check out Colossus, our quarterly publication with in-depth profiles of the people shaping business and investing. You can find Colossus along with all of our podcasts at Colossus.com. Mm-hmm. Chick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own opinions and do not reflect the opinion of Positive Some.

This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc. Mm. My guest today is William Hockey, the founder of Colum. William was also the co-founder of Plat, one of the more famous fin tech businesses from the last decade. Column is his second business, which he's built. From scratch and funding it entirely himself.

And building it his way. I think you will find this conversation utterly fascinating, not just because of the incredible quality of the business that he's built. But how maniacal he is about studying and implementing ideas in this specific field. This is a great example of a founder that is winning because he is willing to do everything. My favorite example from our conversation today is that he went and found some obscure book about some ancient bank and found one idea buried in the two thousand pages that gave him a simple idea for his product. He's willing to do that over and over again. And he explains his very different, maybe even heretical views on a lot of what's happening in the world of startups and technology today.

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