157: No Clear Path Into Product ft. MoneyLion's Pat McLoughlin
Pat McLoughlin is the Director of Product at MoneyLion and former founder and CEO of Digs, a fintech platform for residential real estate. Digs provides tools that help renters save for their first home and homeowners maximize wealth while working with real estate agents and mortgage lenders.In this episode, Pat tells the story of how Digs came to be, and how he pivoted from pursuing architecture as a career to following a new interest in real estate, fintech, and educating first-time homebuyers when they needed it most.He takes us through the challenges and successes of scaling, fundraising, and eventually exiting through an acquisition.Additional topics:* Transitioning to a for-profit model* Building the Digs team* Navigating COVID and fundraising uncertainty* Team dynamics and scaling* Joining MoneyLion and building influence in a new organizationJoin the conversation! 👇🏼What unexpected skills or experiences from your past have shaped the way you approach challenges today, and how might hidden lessons from your own journey fuel future innovation?People of Product is brought to you by Crema - Get the most out of your existing product teams. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.peopleofproduct.us