Get QuoteDark Inspirational Quotes App

" There's the risk of a serious case of FOMO at a place like Davos. "

Taavet Hinrikus

Related Quotes:

" Traditional consumer finance has been unfair for decades. Banks have had a monopoly on financial services and have been able to overcharge and underserve consumers. "

Taavet Hinrikus

" The world is getting smaller thanks to technology. "

Taavet Hinrikus

" Scaling a business at speed can feel like an out of control roller-coaster. "

Taavet Hinrikus

" The U.S.A. is a huge market which has a large immigrant population from Europe, India, from all around the world; lots of them have, still, strong ties to home, so move lots of money. "

Taavet Hinrikus

" Talent is the lifeblood of a fast-growing company. "

Taavet Hinrikus

" I spent my workdays at Skype creating a more connected world. We were shrinking the distances between people, making it easier to connect across countries. Then I'd go to my bank to transfer my euros to pounds, and it was like going back in time 50 years: expensive, inconvenient, and painfully slow. It was a nightmare. "

Taavet Hinrikus

" At TransferWise, we started out as - and continue as - idealists. We start with what we can do to make things better and how we can solve problems, focusing on what people need. It turns out you can focus on building the best service and be successful as business. "

Taavet Hinrikus

" Celebrity-spotting is pretty standard at Davos. It's one of the things that makes it easy to criticise. "

Taavet Hinrikus

" People need the financial sector to be safe; people also need the financial sector to go through a massive phase of innovation. That means delivering on the positive rhetoric, like around settlement accounts, not allowing Open Banking to be diluted, and leading the way on AML. "

Taavet Hinrikus

" As consumers in general, and with Millennials in particular, we're getting used to everything being cheaper, faster, better - and banks aren't keeping up. "

Taavet Hinrikus

" Changing behaviour is a very slow process. "

Taavet Hinrikus

" Without immigration, nations would stagnate. It is key for innovation and for economic growth. "

Taavet Hinrikus

" The banks never sent me one chequebook. I'm very happy not to have ever touched one. "

Taavet Hinrikus

" Climate change, migration... they transcend national borders and require an international response. "

Taavet Hinrikus

" People bought bitcoin because they thought it would be worth more tomorrow. And a lot of people got lucky. But we're not seeing real people use bitcoin. And we don't know what problem it solves. Now, blockchain, I think, is a genius advancement in technology. "

Taavet Hinrikus

" I was in my early 20s when Estonia joined the E.U. For a kid who'd grown up in the Soviet Union, it seemed like my country had come of age. For a country that had been isolated and cut off from the rest of the world, it seemed like we were becoming part of the global community. It opened a whole new world of possibility. "

Taavet Hinrikus

" We're living in a world where international governance is failing to overcome borders, but technology is succeeding in removing them. "

Taavet Hinrikus

" Most of my time at Skype was spent doing new things. "

Taavet Hinrikus

" We believe that the future of money is digital. "

Taavet Hinrikus

" If we think about how long Google spent searching - I think they came around in '98? And, OK, Gmail came in 2004, but it was literally built by one engineer as a 20%-time project. It was probably 10 years before Google started diversifying. "

Taavet Hinrikus

" Large incumbents become big and sometimes become lazy and set themselves up for failure in the future. "

Taavet Hinrikus

" If the hard Brexit happens, I would assume that London wouldn't be the centre of the tech world in Europe. "

Taavet Hinrikus

" While in two very different sectors, both Skype and TransferWise were born out of frustration. "

Taavet Hinrikus

" I was pretty vocal about being anti-Brexit before the referendum vote. "

Taavet Hinrikus

" Sometimes, companies are better placed than politicians and governments to make change happen. That doesn't mean that they should not be held to account and follow international rules. But with the right motivation, they can be the force for change. "

Taavet Hinrikus

" There's one thing a CEO should always keep at the front of their mind, and that's customer needs. "

Taavet Hinrikus

" The world is becoming more global. More than ever, people are proactively deciding where to live, where to study, where to work. Sometimes it's out of necessity, sometimes it's out of choice. "

Taavet Hinrikus

" There are so many instances in banking where 'free' simply doesn't mean free, whether it's opaque overdraft charges or credit card providers that are quietly raising interest rates without customers noticing. "

Taavet Hinrikus

" International money transfer is a massive consumer rip-off. Banks and companies like Western Union have gotten away with it for too long. "

Taavet Hinrikus

" To be a global business, you need access to the best talent from around the world - fix this, everything else falls into place. Whether it's homegrown or imported, we don't mind where it comes from - we just want the best. "

Taavet Hinrikus