Matt Doka - Co-Founder & CTO of Fivestars

Matt began as a top consultant at McKinsey, where he witnessed the power of customer loyalty programs and immediately understood why large companies pay millions of dollars to create them. His vision for Fivestars was to make the power of a Fortune 500 customer loyalty program accessible to local businesses. Fivestars has gone from two guys in a garage to serving thousands of businesses across the country. In October 2021, Fivestars was acquired by global payments leader, SumUp.

Matt has led technology at FiveStars since its founding, spearheaded their transformation into a payments company, and drives ongoing business development and payments strategy. Before Fivestars, he volunteered with TechnoServe in Uganda, was a strategy consultant at McKinsey & Company, and an analyst at AVM, a 32-year-old global macro hedge fund.

On this episode, Chris & Matt discuss:

- Their process for deciding what startup idea to pursue & why they chose a loyalty program for small businesses
- Lessons learned while building a startup
- The challenge of finding product market fit, even if the business is growing like a rocket ship
- How AI will impact businesses and Consumers

Additional Resources

➡️ Fort Capital: www.FortCapitalLP.com

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