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BakStack
Capital markets, fintech, startups & personal growth.
By Phil Bak · Launched 5 months ago
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Let me read it first
On a Clear Day
All of this started because they called me a “smart guy”. I was plodding along a comfortable career at perhaps the best branded capital markets company in the world, when I got invited into a strategy meeting. We were considering a significant acquisition and I was asked to join…
Phil Bak
14
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On a Clear Day
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Keep it boring, String
Liquidity, like access to venture capital, is always available to anyone who doesn’t need it. In public markets, liquidity is changing. We used to have…
Phil Bak
Jun 20
4
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Keep it boring, String
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Collaboration
I focus best amidst distractions. It might be because I grew up on trading desks, it might be because I was built with a hyperactive mind and a restless…
Phil Bak
Jun 12
5
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Collaboration
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Time
The best times pass too fast. It might just be the cruelest quirk to this weird experience called life. An impatient minute feels like an hour and a…
Phil Bak
May 26
5
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Time
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The Turn
When it turns, it turns quick. On February 13 the super bowl aired, and as usual the game took a back seat to the commercials. Specifically, the crypto…
Phil Bak
May 23
5
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The Turn
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Boomer Wisdom
The thing about the finance industry is we tend to take ourselves way too seriously. We love jargon, we love pedigree, and some of us even still love…
Phil Bak
May 17
5
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Boomer Wisdom
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Innovation & the Road Less Traveled
I wrote the following for Michigan Founders Fund - an organization committed to building the startup ecosystem in Michigan. I’m a huge fan of what they…
Phil Bak
May 3
4
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Innovation & the Road Less Traveled
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What FINRA calls complexity I call sophistication
My public comment letter on FINRA Regulatory Notice 22-08
Phil Bak
Apr 7
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What FINRA calls complexity I call sophistication
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