#114 Daffy: Reinventing Charitable Giving and Building a Modern Platform for Giving | Adam Nash, Co-Founder & CEO

Outlier Academy

Jun 22 2022 • 1 hr 8 mins


In Episode #114, we explore building a modern charitable giving platform. We’re joined by Adam Nash, Daffy’s Co-Founder and CEO, and we cover donor-advised funds, getting kids involved in charity, and philosophies on angel investing. “I think the center of solving problems with products and software is to just always remember that people are the heart of everything. You're solving a problem for a person.” – Adam Nash EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/daffy-adam-nash  FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/daffy-adam-nash-transcript  CHAPTERS This episode is our definitive guide to building a modern charitable giving platform. In it we cover: 00:00:00 – Introduction 00:02:41 – From Apple to eBay, and from LinkedIn to Daffy 00:05:01 – Technology asks, what have you done for me lately? 00:10:53 – The hard part of being a contrarian is being wrong most of the time 00:15:06 – Software goes beyond the products you build 00:17:45 – Crossing the chasm 00:22:56 – The basics of using Daffy 00:28:03 – Overcoming customer perception of giving 00:33:17 – What are donor-advised funds? 00:41:38 – Choosing a charity in Daffy 00:48:34 – Getting kids involved in charity 00:51:53 – On Personal Finance for Engineers 00:55:52 – Adam’s angel investing thesis 01:02:07 – Lessons from Clayton Christensen ABOUT DAFFY Adam Nash is co-founder and CEO of Daffy, which is building a modern platform for giving, and in the process rethinking how we all give to the causes and charities we care about. Daffy has taken something typically only known and used by the ultra wealthy, the donor-advised fund, and made it available to anyone. With a Daffy account, anyone can contribute cash, stock and even crypto, which is all tax deductible, and then give whatever amount they'd like to over 1.5 million charities on their platform. You can invest your contribution so that your donor-advised fund compounds in value, allowing you to give even more in the years to come, all with the goal of making giving easy and affordable enough that we can all make giving a part of our daily lives. 💌 FREE NEWSLETTER https://www.outlieracademy.com/newsletter 🎙 LISTEN ON iTunes: https://podcasts.apple.com/us/podcast/outlier-academy/id1523851182 Spotify: https://open.spotify.com/show/58edVNgqaPNaCSGSxM6pef?si=88f37a5d20434775 Overcast: https://overcast.fm/itunes1523851182 ABOUT OUTLIER ACADEMY Learn timeless lessons on work and life from iconic founders, world-renown investors, and bestselling authors. Outlier Academy is the forever school for those chasing greatness. Past guests include Gokul Rajaram of DoorDash, Scott Belsky of Benchmark and Adobe, Joey Krug of Pantera Capital, Mark Sisson of Primal Kitchen, Luke Gromen of The Forest for the Trees, and Brian Scudamore of 1-800-GOT-JUNK. Website: https://www.outlieracademy.com Twitter: https://www.twitter.com/outlieracademy ABOUT DANIEL SCRIVNER Outlier Academy is hosted by Daniel Scrivner. Over the last 15 years, Daniel has led design teams at Square and Apple, turned around a $3M+ ARR SaaS business, and invested in more than 100 companies. He launched Outlier Academy in 2020 to learn from the world’s best founders, investors, authors, and peak performance experts. Website: https://www.danielscrivner.com Twitter: https://www.twitter.com/danielscrivner Learn more about your ad choices. Visit megaphone.fm/adchoices