Paul Erlanger explains FOMO's radical structure, which includes no salaries for the first eight months, no managers, and giving non-founders founder-level equity to foster deep ownership. He argues that traditional brokerages will lose because they lack intentionality, and criticizes Robinhood's broad horizontal scaling strategy, suggesting a focus on on-chain assets for global access. Erlanger believes markets empower retail investors against Wall Street, using GameStop as an example. He advocates for slow, deliberate hiring to avoid bloat, noting that AI makes top talent more valuable and enables smaller, efficient teams. FOMO's media strategy focuses on in-house creator management and 'immortal assets' like podcast sponsorships for long-term brand value. The company raised a $75M Series B at a $550M valuation, planning to use the capital to build through market cycles and create a unique social trading experience that uses transparency to improve trading.