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Alan Chang Profile
Alan Chang

@alanchanguk

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@FuseEnergyHQ @Projectzero2050 ⚡️| @revolutapp 🏦

Joined August 2014
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@alanchanguk
Alan Chang
26 days
Excited to work with @TusharJain_ & @multicoincap team on this. Future of energy must be cheap, affordable & abundant. @projectzero2050 will help accelerate this.
@TusharJain_
Tushar Jain
26 days
0/ Today we are excited to announce that Multicoin has led a new DePIN deal, our first in the energy sector. We are proud to back @alanchanguk , @chrlsorr and the rest of the @FuseEnergyHQ team. We invested $12M bringing their total capital raised to $90M.
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@alanchanguk
Alan Chang
3 years
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@alanchanguk
Alan Chang
2 years
@balajis This is wrong… they made a rookie error of interest rate maturity mismatch in liabilities and assets. In interest rate risk management you should always aim to have more or less similar maturity.. this means money from DDA accounts you should invest in short term HQLA
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@alanchanguk
Alan Chang
3 years
Wow this blew up quick... will move fast.
@alanchanguk
Alan Chang
3 years
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@alanchanguk
Alan Chang
2 years
@alexandr_wang I would go further if people work in these “brand” companies for too long, this means they have accepted mediocrity/bureaucracy as norm. You do not want these people in a start up.
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@alanchanguk
Alan Chang
3 years
Woah... I’m moving up in the world @ParikPatelCFA
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@alanchanguk
Alan Chang
3 years
Lots of people congratulating on our latest funding round @RevolutApp . It’s only day 1 for us, I am more bullish than ever we will be the first trillion dollar FS business. Let’s go!!! #dreamteam
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@alanchanguk
Alan Chang
3 years
Very few U.K./European players embracing crypto. @RevolutApp really are one of the very few embracing this.
@PeterMcCormack
Peter McCormack 🏴‍☠️
3 years
The clampdown on #bitcoin by UK banks is really an infringement on the pathetic amount of freedom we have in the UK. Also, it will drive innovation to more friendly countries. @TomTugendhat , I know you support ETH but the UK should be supporting #bitcoin too. We should talk!
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@alanchanguk
Alan Chang
4 years
I’m super excited about our 2021 roadmap at @RevolutApp . This will be our most transformational year (yet).
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@alanchanguk
Alan Chang
3 years
A small milestone with 6 years of hard work
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@alanchanguk
Alan Chang
1 year
New office! Turns out hot-desking 20 people into a 12 person office is unbearable (not worth saving a few bucks)
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@alanchanguk
Alan Chang
3 years
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@alanchanguk
Alan Chang
4 years
Formula for success. Identify biggest problem to solve, solve problem, capture value, repeat.
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@alanchanguk
Alan Chang
3 years
Thinking about our crypto roadmap for next 12 months... What crypto features would people like to see on @RevolutApp ?
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@alanchanguk
Alan Chang
9 months
@alexandr_wang For me, the first 21 years of my life was complete waste. Studying for skills that I had no interest in, memorising pointless facts, chasing things that are “good for your CV”. I wish someone guided me to learn to build much earlier.
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@alanchanguk
Alan Chang
3 years
Seeing a lot of European banks banning crypto purchases lately claiming it’s “for customer’s safety”, you can still send fiat from @RevolutApp to exchanges (or better yet you can buy directly in Revolut)
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@alanchanguk
Alan Chang
1 year
Wow what a day for @get_fuse ! ⚡️
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@alanchanguk
Alan Chang
5 months
@mahaniok Whenever a VC General Partner is sending someone else on their team to a meeting with the CEO instead of going themselves, here are the thoughts in the CEO’s head: - this non GP don’t have the power to write checks - the GP doesn’t think this meeting is worth their time -
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@alanchanguk
Alan Chang
1 year
👀👀👀
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@alanchanguk
Alan Chang
3 years
@WebSummit was my first ever biz trip with @RevolutApp (I was a fresh grad 2 months into the job), it was also the first and last (so far) flight I have ever missed.
@paddycosgrave
Paddy Cosgrave
3 years
In 2015 @RevolutApp had a tiny startup booth at @WebSummit Today they raised $800 million at a $33 billion valuation. Incredible to watch from a far. Congrats to @NStoronsky , @vyatsenko & all the team. See you at @WebSummit in November
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@alanchanguk
Alan Chang
1 year
I'm absolutely thrilled to share some incredibly exciting updates that we've been working hard on at Fuse. We are deeply committed to putting your needs at the forefront of everything we do. Today, I'm delighted to introduce some new features that will make managing your
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@alanchanguk
Alan Chang
3 years
This is something I am personally super excited about. This will kill a lot of predatory payday lending businesses. Flexible pay is the future. Sign up below (UK only now, ROW coming soon).
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@alanchanguk
Alan Chang
7 months
@hbap1924 This is why UK is in decline. You can’t block your way to economic growth.
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@alanchanguk
Alan Chang
13 days
Why you should join Fuse 2.0 In 1 year and 2 months since launching we have got a lot done. We have built a renewable developer with a 300 MW pipeline of solar, wind, and hydrogen. We have built a prototype alkaline electrolyser with in-house engineering design (TRL 4), we have
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@alanchanguk
Alan Chang
8 months
Small milestone. Now back to work 👷
@FuseEnergyHQ
Fuse
8 months
Fuse Energy is now a profitable company! Plus we are going to 🇺🇸!
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@alanchanguk
Alan Chang
3 years
Congrats to first batch of @RevolutApp partners!
@TommyTudehope
Tommy Tudehope
3 years
. @RevolutApp on page 5 of today’s @FT .
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@alanchanguk
Alan Chang
3 years
Quite a headline from @standardnews @RevolutApp
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@alanchanguk
Alan Chang
5 months
This is such a close minded view. The best people I have worked with in the UK and mostly immigrants. Immigrants leave family/friends to a new country with nothing to seek a better life. It’s an incredible filter for grit.
@NeilDotObrien
Neil O'Brien
5 months
Oh no, firms are having to hire people from the UK, what a tragedy
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@alanchanguk
Alan Chang
10 months
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@chrishlad
Chris Hladczuk
10 months
Someone dumber and lazier than you is making 10x the money because they are too dumb to doubt themselves.
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@alanchanguk
Alan Chang
1 year
I still can’t believe 3/5 Mondays in May in U.K. is a holiday… so much productivity lost 🤦‍♂️
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@alanchanguk
Alan Chang
1 year
Something exciting is coming next week 🤘
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@alanchanguk
Alan Chang
9 months
We are changing this at @get_fuse . We are building a fully integrated renewable energy co (think renewable shell) from scratch (starting in the UK). Some of the things we are working on: building utility scale solar farms from scratch (electrical/civil engineering), solar
@paulg
Paul Graham
9 months
Met a British startup founder today who'd studied engineering at Oxford. He said the majority of his fellow students had since gone into finance or consulting. In effect there is a brain drain *within* the UK, as engineers emigrate to fields where they don't build anything.
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@alanchanguk
Alan Chang
2 years
One of the most important skill that unlocks your potential is to constantly ask yourself whether you are solving the right problems. Once you master it you will likely 10X yourself.
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@alanchanguk
Alan Chang
3 years
@rabois Not all people who work crazy hard succeed, but all the successful people I know work crazy hard
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@alanchanguk
Alan Chang
3 years
Recently stumbled upon this memo from Bear Stearns. This is so true. 100% of successful people I know was at one point PSD. What sets super successful from successful people apart is the former stopped being P but still SD, the latter stops being PD all together.
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@alanchanguk
Alan Chang
2 years
Well run companies do not lay off staff during downturns
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@alanchanguk
Alan Chang
7 years
Check out @RevolutApp on the tube tomorrow! ☺️Never get ripped off from fx fees again.
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@alanchanguk
Alan Chang
8 months
why lowering energy usage is not the solution… energy usage is highly correlated to quality of life, we need cheaper abundant renewable energy
@powerbottomdad1
sucks
8 months
gm
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@alanchanguk
Alan Chang
5 months
Probably nothing
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@alanchanguk
Alan Chang
1 month
@sam_bidwell The “green” narrative of using less energy is killing the country. We need to produce more, use more, just sustainably.
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@alanchanguk
Alan Chang
3 years
@RishiSunak @RevolutApp We are only getting started.
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@alanchanguk
Alan Chang
8 months
The best way to get into a top start up (unless you’re an engineer) is via customer service. It’s quite unbelievable so many fresh graduates are unwilling to do this, and think this is beneath them.
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@alanchanguk
Alan Chang
3 months
@s8mb Hong Kong’s (similar population to London) Equivalent MTR makes 14% net profit margin, where fares are much cheaper, higher reliability, cleaner than the London tube system.
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@alanchanguk
Alan Chang
11 months
At @get_fuse , we deeply care about customer experience. Every non 4/5 star rating we do root cause analysis, and go line by line weekly by the product/engineering/ops team. Our trust pilot score is 4.6/5 so far, we will not stop until it’s 5/5.
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@alanchanguk
Alan Chang
8 years
Great to see 1% adoption on @RevolutApp Premium in just 1.5 weeks! Many more Premium features to come in next few weeks. Next target - 10%.
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@alanchanguk
Alan Chang
23 days
@maxtempers It should be 100X higher
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@alanchanguk
Alan Chang
3 years
If you’re a @N26US customer, sign up to @revolutapp_us for a better product 😉
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@alanchanguk
Alan Chang
2 months
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@alanchanguk
Alan Chang
3 years
Woah
@APompliano
Anthony Pompliano 🌪
3 years
I’m giving away $100 to 500 people today 🎉 Comment how you got started with BTC and my friends at @Revolutapp will be giving away $100 to the best responses. In order to win, reply with your Revolut @username and #Benjamins2Bitcoin T&C:
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@alanchanguk
Alan Chang
1 year
Simple chart to explain why renewables is the future (without subsidies).
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@alanchanguk
Alan Chang
2 years
If we are successful in renewable energy transition… not only we will stop climate change.. but energy will be priced like water
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@alanchanguk
Alan Chang
2 years
@maxkarpis @FT This is hilarious
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@alanchanguk
Alan Chang
4 months
It’s quite simple. Anything more than the risk free rate (basically What you get from T bills) is not risk free. If a “defi protocol” is offering you “40% risk free”, think twice
@Mister_Ch0c
MisterCh0c
4 months
This guy's portfolio went from $3.5 million to $3.5k F $hex
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@alanchanguk
Alan Chang
3 years
What most people don’t realise is tech companies are all about the people. At the end of the day it’s just a group of people building to the same goals.
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@alanchanguk
Alan Chang
2 years
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@alanchanguk
Alan Chang
4 years
Hmmm... should I consider 🤔 @Glassdoor
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@alanchanguk
Alan Chang
3 years
If Revolut made mints
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@alanchanguk
Alan Chang
3 years
Being a start up shareholder is the ultimate 💎🙌
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@alanchanguk
Alan Chang
3 years
Also User projections were more than 10X off.
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@maxkarpis
Max Karpis
3 years
#Revolut 's 1st pitch deck (pre-Serie A of 2016) "We need £1.5m to make it happen." Most of the rev to come from subs. Profitable in y.3. Pitch decks mean nothing, teams' ability to adapt and execute - everything. @NStoronsky @vyatsenko @RevolutApp
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@alanchanguk
Alan Chang
3 years
What a waste of brains and capital.
@Amy_EOBrien
Amy O'Brien
3 years
Remember the last time you needed to send £1m abroad? Me neither, but I’m informed it’s an issue Europe’s tech workers encounter 👀 These two OG Robinhood employees want to make it easier, with a fixed flat fee money transfer app - out of stealth today
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@alanchanguk
Alan Chang
7 years
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@alanchanguk
Alan Chang
3 years
HUGE
@RevolutBusiness
Revolut Business
3 years
Introducing FX Forwards, our currency forward contracts! A world-first for FinTech apps, our FX Forwards feature lets businesses of any size get a fixed foreign exchange (FX) rate for a set amount and date in the future to manage your cash flow now.
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@alanchanguk
Alan Chang
4 years
Just got my wen lambo 🏎 @RevolutApp card. Looks dope.
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@alanchanguk
Alan Chang
4 years
The best training I ever received: when I was young whenever I tell my dad about an achievement he would tell me “only be happy for 5 minutes.” I resented him for this repetitive message for all my childhood. At @RevolutApp we now call it #neversettle
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@alanchanguk
Alan Chang
7 months
@MartinSLewis As a general rule of thumb, roles with more responsibility you would want to pay higher comp to attract the best talent. By definition, MPs have higher responsibility than private sector equivalent role e.g. CEO of a regional bank. We should therefore pay our civil servants
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@alanchanguk
Alan Chang
3 years
I see lots of people don’t appreciate the power of compounding in career building. It’s very tempting to switch companies to the next best offer, but every time you do that you will loose the compounding you’ve built. True career success is built in a decade.
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@alanchanguk
Alan Chang
2 years
It now really annoys me people who know nothing about banking tweeting crap advice and analysis
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@alanchanguk
Alan Chang
3 years
Recharging 1 year worth of vitamin D
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@alanchanguk
Alan Chang
4 years
@nonmayorpete The challenge is to get unbiased honest interviews are difficult, almost all the time founders/employees do interviews with objective of promoting the company. Maybe you will get a less biased interview from early employees that have long left the company.
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@alanchanguk
Alan Chang
3 years
Building a start up is the ultimate HODL. Often it takes ~10 years to exit. I wonder what would happen to crypto market if there was less liquidity?
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@alanchanguk
Alan Chang
2 years
Suddenly everyone on Twitter is now a banking expert? 🤔
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@alanchanguk
Alan Chang
2 years
People say it’s crypto winter, but I still see shtty crypto projects market cap >> 2022 peak valuations of high quality companies
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@alanchanguk
Alan Chang
6 months
This is the wrong way to look at it… cheap and abundant energy is the goal. Lowering carbon emissions comes for free.
@Rod__Mason
Rod Mason
6 months
So why do we have to bankrupt ourselves trying to ‘lead the world’ in getting to #NetZero the fastest?
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@alanchanguk
Alan Chang
7 months
I think there is a strong negative correlation between how competent a company is vs how many critical business processes are done on excel. One of the things that convinced me to start an energy company is after I found out how common VBA was used as databases at incumbents.
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@alanchanguk
Alan Chang
3 years
How to blitzscale high growth tech co: 1/ Write down company goals 2/ Define key skill sets you need to acquire to achieve goals 3/ Ruthlessly Prioritise hiring based on impact 4/ Hire generalist Biz Ops to fill in the gaps in the meantime
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@alanchanguk
Alan Chang
2 years
Genuinely curious why most MBAs think they can do “strategy” or “product” with 0/limited actual experience in either.
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@alanchanguk
Alan Chang
2 years
These “banking experts” are now back to Generative AI experts
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@alanchanguk
Alan Chang
3 years
Yesssssssss!!!!!!!
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@alanchanguk
Alan Chang
2 years
I’ve been through several background checks and the experience is complete garbage. The screening analyst keep asking me who my current manager is… and keep asking me contact of my former manager (no way in hell I’m giving that away lol). I hope someone is disrupting this space
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@alanchanguk
Alan Chang
2 years
@ownsomeshares @FT @RevolutApp makes me angry FT cherry pick data to fit their agenda
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@alanchanguk
Alan Chang
1 month
Why is everyone now talking about founder mode like it’s something ground breaking?
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@alanchanguk
Alan Chang
1 year
We’re looking for finance lead that can take on financial controls/tax/FPA. You do not need to know all 3 but you must be super hungry to master it.
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@alanchanguk
Alan Chang
3 years
6 years into start up and it still blows my mind how much people care about titles. It’s probably the 2nd (sometimes 3rd) most important recruitment/motivational tool after compensation
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@alanchanguk
Alan Chang
2 years
This weekend is a great reminder… Why does monarchy still exist?
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@alanchanguk
Alan Chang
3 months
@CryptoAnglio UK has many problems, but you cannot pin this on the UK. This is more about that firms AML policy which they have discretion whether they accept crypto as source of funds. You will the same problem in other countries. Just tell your friend to try a different firm, or escalate to
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@alanchanguk
Alan Chang
4 years
Coming soon ;)
@ChadWestTweets
Chad West
4 years
So... pet insurance is crazy expensive. Disruption needed!
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@alanchanguk
Alan Chang
3 years
Any management team that hires McKinsey should be fired… or their bonus should be reduced in proportion to McKinsey fees
@litcapital
litquidity
3 years
McKinsey delivering their presentation to Peloton after being paid millions to help them evaluate their cost structure
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@alanchanguk
Alan Chang
3 years
I’m already some super creative designs from Revolut employees. Can’t wait to see what our customers will create with this 😃
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@alanchanguk
Alan Chang
7 years
@RevolutApp is hiring country managers (EU/US/AP) and ops to join the fastest growing Bank Challenger in Europe.
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@alanchanguk
Alan Chang
1 year
Cheap and stable prices of water allow us to enjoy steak and hamburgers at cheap prices. In a world where we are fully renewable we will live in energy abundance & cheap energy - in fact I believe it will price similar to water. I believe there will be more new use cases of
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@alanchanguk
Alan Chang
2 years
@ownsomeshares @angelaeagle She is probably in bed with incumbents
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@alanchanguk
Alan Chang
3 years
@kaarmann Do you ever recommend @RevolutApp ?
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@alanchanguk
Alan Chang
3 years
Scaling a fast growth company is 80% hiring, and yet for some reason this is a skill mastered by very few
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@alanchanguk
Alan Chang
3 years
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@alanchanguk
Alan Chang
3 months
@GergelyOrosz A few things to address. 1) All card issuers make revenue on interchange (Revolut included 2) Revolut has very diversified revenues (with more product lines than banks e.g. subscriptions, crypto etc) 3) Revolut already has sustainable business model without raising fees.
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@alanchanguk
Alan Chang
3 years
Huge!! Congrats man @MerschMax_
@CoinDesk
CoinDesk
3 years
NEW: @fabric_vc has raised a $120 million fund for investing in crypto startups. The notable thing, however, is one of its backers. @IanAllison123 reports
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