Ben Eluan along with his friends/co-founders dropped out of university to build Flux. Flux is a crypto remittance startup built to enable individuals and merchants to send and receive money from anywhere in the world.
In May 2020, Flux got accepted into Pioneer, an accelerator launched by ex-YC partner Daniel Gross. Pioneer gives founders access to funding streams and talent hardly found outside Silicon Valley. After the program, Flux subsequently raised $77,000 pre-seed investment from different investors — Hustle Fund and Mozilla, among others. In March 2021, Flux got accepted into YC.
I had a quick chat with Ben and we talked all about his journey - from ditching classes to code, to freelancing, then building an e-commerce platform called Joppa which grew to over 20k users, and then dropping out of school to build and scale Flux.
0:48 Ben talks about himself.
1:34 Ben talks about how he dropped out and how Flux started.
7:39 What were the next steps after building the idea?
16:03 When did you get into YC?
18:17 After getting the first rejection, what pushed you to keep trying?
19:51 What’s the difference in dynamics, moving from a Software Engineer to CEO?
22:09 What is the next thing for Flux? What are you looking to build?
23:57 Final words from Ben