TaxBit Brothers Austin & Justin Woodward - Solving Crypto's Tax Problem & A $100M Series A!




Wharton FinTech Podcast show

Summary: Ryan Zauk sits down with TaxBit Co-Founders, Austin and Justin Woodward, in the wake of their $100M Series A! If you did a double-take at the last name - yes, these cofounders are brothers! Austin and Justin, a CPA and Lawyer respectively, are solving the massive problem of taxes and cryptocurrency. They offer a suite of products for consumers, enterprises, and governments to easily aggregate and analyze crypto balances, generate and review tax forms, recommend tax-loss harvesting strategies, and more through their API suite and software. Whether you're a platform that needs to issue 1099s, or a user that needs to report their taxes, TaxBit’s cryptocurrency tax software unifies the process. REFERRAL CODE: https://taxbit.com/invite/whartonfintech/ (discount code: whartonfintech) This $100M round included a who’s who of investing: Tiger Global, Paradigm, Coinbase Ventures, PayPal ventures, Winklevoss Capital, Bill Ackman, Qualtrics Co-Founder Ryan Smith, and more. Ryan & The Woodward Brothers Cover: - Their great founding story and the interesting ways they each got involved in crypto - Their deep bullishness on crypto, blockchain, and a tokenized economy - How TaxBit works and benefits each customer type - The difficulties of hiring and how it acts as the litmus test for success in the early stages - The good and bad of building a company with your brother - The crypto regulatory environment - New products and launches to look forward to And more! For more Fintech insights, follow us below: Medium: medium.com/wharton-fintech WFT Twitter: twitter.com/whartonfintech Ryan's Twitter: twitter.com/RyanZauk LinkedIn: www.linkedin.com/company/wharton-fintech-club/