Galileo

0 statements across 0 episodes · 5 bullish · 0 bearish · 1 people on the record · first statement Jul 31, 2020 by Clay Wilkes · said 13 times in 1 episodes since 2020 · across every show →

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brought up most by Harry Stebbings (13)

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Everything said about Galileo, oldest first

Jul 31, 2020 positive
Disclosure
Wilkes: Galileo raised venture capital primarily to get press and analyst coverage
“When we did make a decision to raise, you know, we were profitable and had been profitable for quite some time. We had a large and scaling business, but it was hard to get analysts and press to pay attention to you or to consider you as an alternative. It's an…”
Clay Wilkes Jul 31, 2020 ▶ 18:04 20VC: Why The Unbundling of Fintech Will Continue, How VCs Are Propping Up The Neo-Banking Industry & Why We Need A New Framework To Value Businesses Today with Clay Wilkes, Founder & CEO @ Galileo
Jul 31, 2020 bullish
Assertion Not checkable as stated
Wilkes reveals approximately 70% of the top 100 fintechs are Galileo clients
“Something like 70% of the top 100 fintechs are clients of ours.”
Clay Wilkes Jul 31, 2020 ▶ 13:41 20VC: Why The Unbundling of Fintech Will Continue, How VCs Are Propping Up The Neo-Banking Industry & Why We Need A New Framework To Value Businesses Today with Clay Wilkes, Founder & CEO @ Galileo
Jul 31, 2020 bullish
Assertion Contradicted
Wilkes claims Galileo powers 95% of North American digital banking transactions
“By a recent study, 95% of digital banking was occurring in the United States and North America was occurring on our platform.”
Clay Wilkes Jul 31, 2020 ▶ 13:45 20VC: Why The Unbundling of Fintech Will Continue, How VCs Are Propping Up The Neo-Banking Industry & Why We Need A New Framework To Value Businesses Today with Clay Wilkes, Founder & CEO @ Galileo
Jul 31, 2020 bullish
Prediction Not checkable as stated
Wilkes: Fintech leaders will rebundle services around friction-free consumer experiences
“This trend will continue, and what I believe will happen is that will drive change, and that change will be focused on an obsession with Consumer experience. So to the extent that they can bring in additional services, we're going to see a rebundling or reimag…”
Clay Wilkes Jul 31, 2020 ▶ 7:42 20VC: Why The Unbundling of Fintech Will Continue, How VCs Are Propping Up The Neo-Banking Industry & Why We Need A New Framework To Value Businesses Today with Clay Wilkes, Founder & CEO @ Galileo
Jul 31, 2020 positive
Disclosure
Wilkes: Galileo never pivoted because the industry caught up to its thesis
“We didn't face that in Galileo. I think that the original thesis worked and worked well, and the industry caught up to our thinking.”
Clay Wilkes Jul 31, 2020 ▶ 26:15 20VC: Why The Unbundling of Fintech Will Continue, How VCs Are Propping Up The Neo-Banking Industry & Why We Need A New Framework To Value Businesses Today with Clay Wilkes, Founder & CEO @ Galileo
Jul 31, 2020
Disclosure
Wilkes intentionally bootstrapped Galileo from inception to retain control
“When we founded the company, we knew we wanted to be bootstrapped. We wanted to go it alone. We weren't intending on taking money or significant amounts of money, which meant we were going to go slow by definition.”
Clay Wilkes Jul 31, 2020 ▶ 4:11 20VC: Why The Unbundling of Fintech Will Continue, How VCs Are Propping Up The Neo-Banking Industry & Why We Need A New Framework To Value Businesses Today with Clay Wilkes, Founder & CEO @ Galileo
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