#26 Rho: Building the Business Bank of the Future | Everett Cook, Co-Founder & CEO

Outliers with Daniel Scrivner: Explore the Greatest Innovators, Founders, and Investors - A podcast by Outlier Academy

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In Episode #26, we explore building the business bank of the future. We’re joined by Everett Cook, Co-Founder and CEO of Rho. We cover how Rho Business Banking empowers teams to work better with money, what Rho offers that other banks do not, and observations and predictions on the evolving fintech space. “In a lot of ways, people are forgetting the lessons of  technology just in general—big companies move slowly, and there's an innovator's dilemma. Outside perspective is generally the fastest way to innovate, and I think it's really exciting.” — Everett Cook EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/everett-cook-outliers-show-notes  FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/everett-cook-outliers-transcript  CHAPTERS This episode is our definitive guide to building the business bank of the future. In it we cover: (00:00:00) – Introduction (00:01:39) – Everett’s background and learnings in startups and finance (00:06:23) – Investing as finding out how the world really works (00:15:00) – The differences between founding a company and investing in a company (00:20:22) – Making asymmetrical bets and being open to pivoting the business (00:23:00) – How Rho Business Banking empowers teams to work better with money (00:28:36) – Treasury management, digital currency, and a focus on excellent customer service (00:34:18) – Observations and predictions on the evolving fintech space (00:43:40) – Everett’s advice for founders ABOUT RHO Rho Business Banking is building the business bank of the future, one that's designed for fast growing companies, one that combines software and financial services, and one that's built for collaboration, which is not traditionally something you think about in the context of banking. 💌  FREE NEWSLETTER https://www.outlieracademy.com/newsletter 🎙 LISTEN ON iTunes: https://podcasts.apple.com/us/podcast/outlier-academy/id1523851182 Spotify: https://open.spotify.com/show/58edVNgqaPNaCSGSxM6pef?si=88f37a5d20434775 Overcast: https://overcast.fm/itunes1523851182 ABOUT OUTLIER ACADEMY Learn timeless lessons on work and life from iconic founders, world-renown investors, and bestselling authors. Outlier Academy is the forever school for those chasing greatness. Past guests include Gokul Rajaram of DoorDash, Scott Belsky of Benchmark and Adobe, Joey Krug of Pantera Capital, Mark Sisson of Primal Kitchen, Luke Gromen of The Forest for the Trees, and Brian Scudamore of 1-800-GOT-JUNK. Website: https://www.outlieracademy.com Twitter: https://www.twitter.com/outlieracademy ABOUT DANIEL SCRIVNER Outlier Academy is hosted by Daniel Scrivner. Over the last 15 years, Daniel has led design teams at Square and Apple, turned around a $3M+ ARR SaaS business, and invested in more than 100 companies. He launched Outlier Academy in 2020 to learn from the world’s best founders, investors, authors, and peak performance experts. Website: https://www.danielscrivner.com Twitter: https://www.twitter.com/danielscrivner Learn more about your ad choices. Visit megaphone.fm/adchoices