Malling: First B2B platform reached multi-billion daily volume before sale
Jannick Malling · He took on Robinhood & built Public.com into a $1B company with $440M raised. | Jannick Malling, ... · PMF Show · May 12, 2025 · at 4:56
Public.com co-founder Jannick Malling discusses the trajectory and exit of his early fintech venture aggregating interbank credit for regional brokerages.
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“Eight years later, we'd scaled that to a multi-billion a day volume platform, sold it to a public traded company in the UK.”
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More from Jannick Malling
Malling: Stopping hiring increases output due to employee onboarding curves
“And when you stop hiring, you have higher output because all of your time, like every employee is in the J curve, they actually take time before they start being productive.”
Malling: Movies like Wolf of Wall Street hurt societal investing adoption
“I think Leo with the Wolf of Wall Street, like, I think you see a lot of this. All these movies are just fantastic. Which is fun, but it's also kind of shitty for the rest of, for sort of, like, societal adoption of this stuff because it portrays the stock mar…”
Malling: Public.com users speculated less than users on Robinhood
“And that, sorry, and that actually meant in turn that people were speculating less, because I think on platforms like Robinhood and others, you were kind of seeing some people getting into a lot of, like, single, like, high concentration risk portfolios, maybe…”
Malling: Public targeted non-investors via Girlboss for high conversion rates
“So we went out to like professional women's communities, right? We parted with like Girlboss, for example. Sofia Moroso's thing. People who've never invested before, Just went in front of them cold and be like, we built this. If you want to invest, we think th…”
Malling: Public shifted upmarket from Robinhood to target serious investors
“We are competing with Robin Hood. I do think though, as the years have gone on, we've become a little bit less competitors. I think we focus a little bit more Sort of higher end of the market. People that want to take investing a little bit more seriously.”
Malling: Companies must find PMF multiple times as technology shifts
“Having to find product market fit sort of multiple times in the journey of a company, typically around the same evergreen problems, but there can be a different solution to that problem that emerged over time with different technologies and such.”