The Evolution of A Distributed Fintech Startup
As the world has become more interconnected, companies' dynamics and structures have become distributed across coasts and continents. This impacts everything from team structures to culture and takes a lot of trial and error and many iterations to be successful. On today’s episode of The Yield, Yieldstreet’s Director of Product Glenna DeRoy, Principal Technical Architect Marcus Brito, and software engineer Talia Fayaz discuss how distributed teams have contributed to the evolution of FinTech startups and the success of Yieldstreet.Click here to subscribe and listen: https://podcasts.apple.com/us/podcast/the-yield/id1527659260Key Takeaways:[2:00] A snapshot of the evolution and growth of Yieldstreet since its inception in 2014.[3:48] How has Yieldstreet handled changes to the distributed system that have come as a result of the worldwide pandemic?[8:00] The importance of creating a cohesive company and setting clear cultural expectations.[12:02] Bridging cultural gaps within an international team starts with acknowledging differences and finding how they can bring a team together.[16:46] Lessons learned regarding facilitating team building and the integration of higher learning.[21:02] How does Yieldstreet accommodate time zone differences?[23:28] How has Yieldstreet built out a product roadmap and made changes when needed?[25:55] What applications are used within product and engineering to ensure alignment and delivery?[28:18] How does Yieldstreet meet engineers and recruit remotely?[30:12] What is Yieldstreet looking for in product managers and engineers?[32:05] How does the finance aspect of Yieldstreet interact with the other aspects of the company?[34:27] How do product and engineering determine which features to add to the Yieldstreet app and website?Mentioned in This Episode:Yieldstreet