Jesse Greif, COO at OneChronos, Ex Goldman Sachs, discusses topics ranging from startup culture challenges to the intricacies of optimizing trading execution for institutional clients. We discuss the expansion of OneChronos, emphasizing the significance of hiring decisions, managing financial resources, and encouraging calculated risks in the dynamic startup environment. The discussion further extends to the technical aspects of OneChronos' optimization model, its benefits for quantitative trading firms, and reflections on the role of psychology and personal growth in the fintech industry.
00:00-00:03: Podcast Kickoff and Company Introduction
Fintech podcast intro with Jesse Greif, COO at OneChronos X Goldman Sachs. OneChronos overview, specializing in securities trading optimization, and a discussion on startup culture with an emphasis on guardrails.
00:03-00:07: Startup Growth and Hiring Insights
Team expansion from 6 to 15 members, highlighting individual impact. Hiring insights: balancing skills, motivation, and financial management, with advice on risks and entrepreneurship.
00:07-00:11: Navigating Startup Challenges
Managing financial resources, hiring based on attitude and values. Challenges and benefits of startup culture, with encouragement to take risks for positive outcomes.
00:11-00:15: Building a Company and Reflections
Hiring considerations and evolving startup culture. Emphasis on positive discussions and balancing guidance with trust in the team's abilities.
00:15-00:22: Financial Markets and Trading Optimization
Encouragement for calculated risks and entrepreneurship. Reflections on worst-case scenarios, advising extensive interviews, and an introduction to equity markets.
00:22-00:30: Optimizing Trading Execution and Technical Insights
Factors influencing order venue decisions and OneChronos' approach to optimization. Technical insights into optimization challenges and balancing global optimization with practical heuristics.
00:30-00:37: Advanced Optimization Techniques
Technical aspects of OneChronos' optimization model, algorithms, and benefits for trading firms. Expressive bidding, user-injected constraints, and the flexibility of the matching engine.
00:37-00:45: Guest Insights, AI Impact, and Career Advice
Guest's background, AI's impact, and advice for non-traditional fintech majors. Navigating disruptive product representation, encouraging exploration of career paths, and diverse experiences.
00:45-00:53: Personal Growth and Finding Balance
Psychology concepts, inclusivity, and reflections on self-discovery. Balancing work and life, enjoying the journey, and encouragement to explore, experiment, and take risks.
00:53-01:07: Success, Vulnerability, and Outro
Success attributed to hard work, encouraging vulnerability and growth. Recognizing challenges, revisiting priorities, and two actionable steps for early career individuals. The outro reflects on consistency and effort.
01:07-01:08: Concluding Thoughts and Outro
Final thoughts, summarizing the key points, and concluding the podcast with an outro.
