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What Was It Like for Remitly CEO Matt Oppenheimer to Grow Up Around Entrepreneurs?

He grew up inside a family company and was told not to join it yet. On What Fuels You, Matt Oppenheimer says he grew up in Boise, near downtown, in a fifth-generation Idaho family. His grandfather started Oppenheimer Companies, a private mix of real estate and food processing, including a whipped topping called True Whip. His father and uncle run it, and they made the next generation work somewhere else for five years first. Most of his cousins joined. Matt did not. In high school he started the Youth Lobbying Organization so people under 18 could meet their legislators. He says the business made entrepreneurship feel normal, while some friends in Boise were working to pay for food.

Transcript

Matt Oppenheimer of Remitly ·

What Fuels You

More from this episode

  1. What Is Boise Idaho LikeGrowing up in Boise, Matt got to see how much privilege some had vs. others.
  2. How Did Matt Oppenheimer Come Up With the Idea for RemitlyAs a young kid, Matt and his family traveled a lot. He had been to nearly 100 countries, where he got to see poverty and inequality, among other things.
  3. Do the Best Entrepreneurs Ever Doubt ThemselvesMatt says he doubts himself all the time, not just at the beginning of the business, but on the daily basis. This doubt helps to keep himself in check.
  4. How Big Did Matt Oppenheimer Say Remitly Was?Close to 800 people, in offices in Seattle, London, Nicaragua, and the Philippines.
  5. How Did Matt Get Remitly Working Toward the Same Goals?In case of Remitly, Matt is empowering the employees to drive their growth.
  6. How Can I Pick the Right Startup CofounderFirst, it is important to know what you do not know.

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