Founder Stories: Tim Grassin, Co-Founder of TendoPay - a podcast by Hsu Ken Ooi

from 2021-02-24T09:41:16

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Tim Grassin is a Co-Founder of TendoPay (Iterative S20), the largest online installment provider in the Philippine. On this episode, I talk to Tim about his earlier influences, switching from finance to entrepreneurship, how he built a multi-million dollar design agency, why he gave that up to start a startup in the Philippines and how they tested their initial idea by building a fake website that sold fake products to see if people would try their fake financing product.



Topics



  • 1:37 – How our childhood may or may not have shaped our future as entrepreneurs

  • 9:37 – Early professional influences and business school

  • 14:37 – Getting into startups after the financial crisis

  • 22:50 – Quitting his job to start a presentation design company

  • 24:57 – Getting the first few customers

  • 29:48 – Scaling up customer growth

  • 33:37 – The importance of learning how to learn

  • 38:16 – Going from a multi-million dollar agency to building a tech product

  • 43:55 – Coming to Southeast Asia and starting TendoPay

  • 53:26 – TendoPay’s first MVP

  • 1:01:18 – We reminiscence about growing up playing video games


About Iterative


Iterative is a YC style accelerator focused exclusively on Southeast Asia by the founders of Divvy (a16z, GIC), Weave (YCS14), Decide (acquired by eBay) who have collectively raised $100M+ in VC. Iterative invests US $150K into early stage startups twice a year then works with them intensely for 3 months culminating in a Demo Day.


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Further podcasts by Hsu Ken Ooi

Website of Hsu Ken Ooi