fomo’s Se Yong Park: Building a user-friendly trading app

Se is the co-founder of fomo, a social trading platform. In this episode, we discuss Se’s journey from Yale to dYdX, how he built product intuition, and the early insights that led to him starting fomo. We also dive into the product philosophy, why crypto UX has historically failed mainstream users, and what fomo is doing to fix this. Finally, we explore the long-term vision around the “speculation graph” and how speculation might become the next form of social identity.-----Altitude – the global business account with stablecoin and fiat bank transfers, free on-and off-ramps, 5% APY, corporate cards, bill pay, and more.------Questions or feedback? Email us at ⁠[email protected]⁠Website: ⁠https://thearchivepod.com⁠Twitter: ⁠https://x.com/Archive_Pod⁠------Timestamps(0:00) Intro(0:22) Altitude(1:13) Early life. Jersey and Yale(7:03) Working on product at dYdX and meeting Paul(14:06) The genesis of fomo, early team formation(33:42) Product-first philosophy and obsession with UX(46:24) User-led growth and getting to know your customers(59:48) Raising Series A from Benchmark(1:06:22) Where fomo is heading; the speculation graph era(1:21:49) Building a social product to match its growth(1:28:58) Memecoins as a category(1:40:35) Which teams does Se look up to?