Parul Gujral is the Founder and CEO of Snowball Money within the decentralized finance (DeFi) space, building a high-interest investment account product. Snowball has so far raised $1.1 Mn from world-class investors like Richard Blum, Sam Zaid, Greg Kidd, Reese Jones, Kevin Lin, and Jeff McDonald to name a few. Parul believes, blockchain technology can substantially increase the scope and efficiency of peer-to-peer transactions, turning previously infeasible business models into viable ones. Empowered by blockchain technology, financial services can become more decentralized, innovative, interoperable, borderless, and transparent. The DeFi space has gained tremendous traction, going from $150 million in April 2018 to $1.2 billion in February 2020.

In today's episode you will learn:

1. What was Parul's journey prior to Snowball Money? What got him thinking about cryptocurrency, and eventually building his startup?

2. What is decentralized finance, and why we should care? And how is it better than the existing system or the centralized finance (CeFi?) system?

3. Is DeFi really the future of finance? And why would centralized authorities like the government and financial institutions give away their power now?

4. How do you measure success for an early-stage startup? And what are the challenges of building a culture and team?

Contact/Invest: https://republic.co/snowball-money

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