Mike Faloon

Mike Faloon

Y Combinator Logo Batch: S20

Achievements

  • Co-founder and COO of Ready, a Y Combinator-backed company improving rural broadband infrastructure
  • Led an 80-person tech team and managed a $25M tech budget at Standish Mellon Asset Management
  • Over 20 years of experience in finance and asset management, with leadership roles in major firms
  • Held roles like Chief Strategy Officer at Neighborly and COO at Standish Mellon Asset Management
  • Holds advanced degrees in Finance and Financial Engineering, plus a Financial Risk Manager certification
  • Participated in Y Combinator Summer 2020 batch with Ready

You should know Mike Faloon

Alright, check this out about Mike Faloon. The dude’s a straight-up legend in the tech and finance world, and his story is all about jumping into the deep end, crushing it, and then using that fire to build something real.

So, Mike’s been around the block for over 20 years, he’s got mad experience in finance and asset management. He’s held big roles like Chief Strategy Officer at Neighborly and COO at Standish Mellon Asset Management. At Standish Mellon, he was running an 80-person tech team and managing a $25 million tech budget at a firm overseeing $150 billion in assets. That’s no small feat. He’s deep into all things alternative investments, quantitative finance, and market risk. Basically, the guy knows how money moves, how to hedge risk, and how to use tech to get ahead.

But here’s where it gets interesting. Despite all that finance hustle, Mike’s about more than just the money. He’s got a real passion for tech and making a difference. With advanced degrees in finance and financial engineering, a Master’s from Stevens Institute of Technology, and a Financial Risk Manager certification, the guy’s got some serious brainpower.

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Fast forward, he jumps into Y Combinator’s Summer 2020 batch with a company called Ready. This isn’t just some side project, it’s a big change. Ready is all about fixing the junky, regulated utilities and digital infrastructure, specifically broadband, especially in rural areas where folks get the short end of the stick. They’re building a cloud-based platform to improve these services, making internet access better, faster, and more reliable. Basically, Mike took all that experience from Wall Street and asset management, and said, “Yo, there’s a bigger problem here, let’s build something that actually helps people and communities.”

What does that say about him? This guy isn’t just about the paper. He’s motivated by solving real shit, improving lives, and pushing the boundaries of what’s possible with tech and finance. His process shows he’s all about jumping into complex problems, figuring out how to fix them, and using his skills to make an impact. Starting Ready after years of fighting in the finance trenches? That’s him saying, “I’ve crushed the finance game, now let’s build something that actually matters.”

He’s based in Boston, but his work reaches far beyond. He’s passionate about growing sustainable infrastructure, especially broadband access in rural areas, making sure no one gets left behind just because they’re outside the city. That’s the kind of leader who’s not just in it for the money but genuinely cares about building a better, more connected future.

Long story short? Mike Faloon is the real deal. A finance vet turned tech innovator, using his deep expertise to fix some of the biggest problems in infrastructure. He’s the guy you want in your corner if you’re about making big moves, solving tough problems, and actually changing the world.

Founder ID: 104752

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