flâneur

Founders: #402 Thomas Peterffy: The $80 Billion Founder Who Automates Everything

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I didn’t know who Thomas Peterffy was. I was shocked to learn that he is 81 years old, worth $80 billion dollars, and has built his $120 billion company, Interactive Brokers, into one of the most efficient companies in the world. I discovered Peterffy by reading this incredible profile about him. I couldn’t put it down. That’s what this episode is about. Episode sponsors: ⁠Ramp⁠⁠⁠⁠⁠⁠⁠ gives you everything you need to control spend, watch your costs, and optimize your financial operations —all on a single platform. Make history's greatest entrepreneurs proud ⁠⁠⁠by going to Ramp and learning how they can help your business control your costs and save time and money.⁠⁠⁠ ⁠⁠⁠⁠https://ramp.com⁠⁠⁠⁠ Automate compliance, security, and trust with Vanta.⁠ ⁠⁠⁠Vanta helps you win trust, close deals, and stay secure—faster and with less effort⁠⁠⁠⁠. ⁠⁠⁠Find out how increased security leads to more customers by going to Vanta⁠⁠⁠. Tell them David from Founders sent you and you'll get $1000 off. ⁠⁠⁠https://www.vanta.com/founders⁠⁠ ⁠⁠⁠ Collateral⁠⁠ transforms your complex ideas into compelling narratives. Collateral crafts institutional grade marketing collateral for private equity, private credi

[00:00] A: Before a few days ago, I didn't know who Tomas Petterfit was. And I was shocked to learn that he's 81 years old, he's worth 80 billion dollars and he's built his 120 billion dollar company, Interactive Brokers, into one of the most efficient companies in the world. So for example, in 2024 they generated 3.7 billion in profits on just 5.2 billion in revenue. And I discovered Peterfi by reading this incredible profile about him that was written by Colossus and actually couldn't put it down and immediately called my friend Patrick, who's the founder of Colossus, and I told him that I…

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