
Episode #111
#111: Becoming a Web3 CFO with Daniel Lian from fomo
Daniel Lian has built 3 crypto finance functions from scratch: at dYdX Labs , Walrus Foundation , and now fomo . Same job title, three completely different setups. At dYdX Labs, he was the first finance hire, building treasury from zero. At Walrus Foundation, it meant a multi entity foreign structure including a Cayman Foundation, a token airdrop, and grant programs. Now at fomo, who recently fundraised $75million through a Series B, there is no token or foundation, just a lean team building a social trading app. ✅ OUR RESOURCES Join a global community of web3 accounting & finance professionals - https://www.onchainfinanceinstitute.com/courses Join the FREE Crypto Accounting Class & learn how to start working in web3 accounting - https://www.onchainfinanceinstitute.com/free-class Join the next cohort of the Crypto Accounting Academy and learn how to manage a business using crypto - https://www.onchainfinanceinstitute.com/crypto-accounting-academy Join the next cohort of the Crypto Treasury Management Academy and learn how to optimize, allocate and protect your organization's treasury - https://www.onchainfinanceinstitute.com/crypto-treasury-management-academy ✅ EPISODE SPONSORS Request Finance - Simplify crypto AR, AP & accounting & get 2 months for free - https://www.request.finance/partners/theaccountantquits The full-stack OS for Web3 businesses using Kryptos and 10% off (Code OCF10) - https://kryptos.io/?via=ocf-institute ✊ Follow The Accountant Quits on Socials LinkedIN: https://www.linkedin.com/school/ocf-institute Twitter(X): https://x.com/ocfinstitute YouTube: https://www.youtube.com/@theaccountantquits ️ Follow Episode Guest Daniel Lian: https://www.linkedin.com/in/daniel-lian-3bbb9817/ Website For show notes and past guests, please visit https://www.theaccountantquits.com/podcast Topics covered: (0:00) Coming Up (2:27) Story behind joining dYdX (5:02) Challenges starting out at dYdX (8:32) Resources for learning onchain finance (10:14) Managing a token airdrop at Walrus (12:55) Get 10% off with Kryptos subledger (14:21) Differences between working for a Lab Co v/s Foundation (16:15) Setting up finance at fomo without a token (19:53) Where can finance leaders add more leverage (21:50) Ops challenges working for a trading app (24:01) Tech stack - subledger, custody & banks (26:33) Get 2 months for free with Request Finance (29:09) Tips on areas to address as a new hire (30:55) Capital allocation decisions (33:50) Web2 CFO v/s Web3 CFO (35:47) Career advice to transition into web3 (37:11) How are you using AI (39:51) Closing thoughts (41:09) Favourite quote (42:15) Reach out to Daniel






