Domm Holland on launching Fast, a one-click checkout for the entire Internet | E1103

In this episode, Jason Calacanis chats with Domm Holland about Fast's business model and its founding story. They discuss the trend of millennials using debit cards and the e-commerce boom during quarantine. The conversation also covers Fast's partnerships, competing with Apple Pay, and thoughts on major retailers financing their own products.

Speakers

AI Chat

Unidentified

Jason Calacanis

Host • 48%

Domm Holland

Guest • 50%

Partners

Chapters

0:00	Opening
1:06	Jason intros Domm Holland
3:53	Domm on his experience throughout quarantine
5:33	What is Fast? Who do they charge and how do they make money?
8:21	Why do millennials use debit cards more than their predecessors?
10:04	Klaviyo - Get started with a free trial
11:28	Moving to San Francisco from Australia, e-commerce boom during quarantine, talent pool in the Bay Area
17:09	Working as a third-party, Fast's founding story & Amazon's one-click patent
20:54	LinkedIn Jobs - Get a $50 credit toward your first job post
22:42	Fast's partnerships with Big Commerce & other launch partners
24:55	Taking on Apple Pay, how Fast creates a purchasing hub for consumers, relationship with Amazon
32:30	OurCrowd - Sign up for a free account
34:20	Cultivating Fastronauts, raising money in a competitive space pre-launch, adjacent competitors
38:49	Thoughts on the Apple Card, major retailers financing their own products for consumers, why companies are petrified of Amazon
43:15	Is retail dead?
47:21	Thoughts on Facebook/Instagram Shops & Google Shopping, how e-commerce logistics still isn't solved?
56:49	How lockdowns impacted Fast's hiring strategy, business strategies for year two of the pandemic

Transcript

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