William Hockey

18 statements across 1 episodes · 6 bullish · 5 bearish · 1 people on the record · first statement Dec 3, 2022 by William Hockey · said 4 times in 2 episodes since 2019 · across every show →

On the record as a speaker too: William Hockey's record, appearances and statements → this page counts the times other people say the name.

Mentions by year

brought up most by Zach Perret (3), Mo Koyfman (1)

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Everything said about William Hockey, oldest first

Dec 3, 2022 bullish
Prediction Not checkable as stated
Hockey: Column will slowly reach $100M ARR but can hit $10B-$100B long-term
“It's not gonna happen in my space. I'm a bit the slowest company to like ever get to a hundred million dollars an hour ever. But I think if we look at it from a 20, 30 year perspective, the ability for us to generate 10, fifty, hundred billion dollars, I think…”
William Hockey Dec 3, 2022 ▶ 22:49 William Hockey: How I Founded Plaid; The Ultimate Cold Email Tip; Hiring Lessons | 20VC #955 · 20VC with Harry Stebbings
Dec 3, 2022 negative
Opinion
Hockey: Silicon Valley disguises mundane practical products with grandiose, world-changing language
“I think we definitely celebrate intellectual elitism for sure, right? I think we celebrate couching what is probably a pretty boring practical problem in like large language, gonna go change the world, but like, I don't know, maybe like building like an API fo…”
William Hockey Dec 3, 2022 ▶ 5:39 William Hockey: How I Founded Plaid; The Ultimate Cold Email Tip; Hiring Lessons | 20VC #955 · 20VC with Harry Stebbings
Dec 3, 2022 positive
Opinion
Hockey: US dollar strength makes America's financial system the world's best
“The US has a massive, like the US has the dollar, right? Which is probably the strongest implement. And so that probably inherently bar none makes the US the best financial system, but it's really because of our currency.”
William Hockey Dec 3, 2022 ▶ 40:32 William Hockey: How I Founded Plaid; The Ultimate Cold Email Tip; Hiring Lessons | 20VC #955 · 20VC with Harry Stebbings
Dec 3, 2022
Insight
Hockey: Everyone craves external recognition, and anyone claiming otherwise is lying
“Everybody's vain, right? And so anybody that tells you that they don't need that, myself or otherwise, they're lying to your face, right? Everybody, everybody craves that.”
William Hockey Dec 3, 2022 ▶ 8:15 William Hockey: How I Founded Plaid; The Ultimate Cold Email Tip; Hiring Lessons | 20VC #955 · 20VC with Harry Stebbings
Dec 3, 2022
Insight
Hockey: B-players are often better long-term fits than A-players
“Not every role needs that a plus player. Sometimes it's actually the opposite, right? If you get an a plus player and they're in a role, they're not going to be super happy. They want to move quickly. You can have attrition risk or they want new responsibiliti…”
William Hockey Dec 3, 2022 ▶ 17:44 William Hockey: How I Founded Plaid; The Ultimate Cold Email Tip; Hiring Lessons | 20VC #955 · 20VC with Harry Stebbings
Dec 3, 2022 positive
Insight
Hockey: Co-founding a company with a spouse creates perfectly aligned incentives
“I think the best thing is, or you have aligned incentives. I think incentives, you know, they, it's the kind of the cause for most of our decision-making framework. And when you start it with a spouse, you have perfectly aligned incentives. And I think that's …”
William Hockey Dec 3, 2022 ▶ 55:00 William Hockey: How I Founded Plaid; The Ultimate Cold Email Tip; Hiring Lessons | 20VC #955 · 20VC with Harry Stebbings
Dec 3, 2022 bullish
Prediction Not checkable as stated
Hockey: Restricting legit crypto companies drives consumers to harmful black markets
“I'm probably a hopeless optimist, but I think what it shows is actually, if we don't allow the good players, like a Coinbase, et cetera, to move quickly and actually be able to innovate, those people, like those people are gonna go somewhere, right? People wan…”
William Hockey Dec 3, 2022 ▶ 43:56 William Hockey: How I Founded Plaid; The Ultimate Cold Email Tip; Hiring Lessons | 20VC #955 · 20VC with Harry Stebbings
Dec 3, 2022
Disclosure
Hockey: 99.9% of my wealth is concentrated in Plaid and Column
“99.9% of my wealth is in platinum column.”
William Hockey Dec 3, 2022 ▶ 24:28 William Hockey: How I Founded Plaid; The Ultimate Cold Email Tip; Hiring Lessons | 20VC #955 · 20VC with Harry Stebbings
Dec 3, 2022 positive
Insight
Hockey: True high performance is grinding in the shadows without public validation
“Being able to be quiet, grinding and building in the shadows and be okay, not being recognized, I think is the highest sort of high performance.”
William Hockey Dec 3, 2022 ▶ 6:59 William Hockey: How I Founded Plaid; The Ultimate Cold Email Tip; Hiring Lessons | 20VC #955 · 20VC with Harry Stebbings
Dec 3, 2022 neutral
Assertion Not checkable as stated
William Hockey: Column avoids new grads, average employee age over 30
“We don't hire a lot of new grads. Like, I think the youngest people on our team are like, 26, 27, and the average age is over 30.”
William Hockey Dec 3, 2022 ▶ 26:17 William Hockey: How I Founded Plaid; The Ultimate Cold Email Tip; Hiring Lessons | 20VC #955 · 20VC with Harry Stebbings
Dec 3, 2022
Disclosure
Hockey: Column founders personally purchased an OCC-regulated bank in California
“So what we had to do is we actually went out and we personally bought a financial institution. We bought an OCC regulated bank out here in California.”
William Hockey Dec 3, 2022 ▶ 2:26 William Hockey: How I Founded Plaid; The Ultimate Cold Email Tip; Hiring Lessons | 20VC #955 · 20VC with Harry Stebbings
Dec 3, 2022 positive
Assertion Partly supported
Plaid raised at triple valuation nine months after acquisition was blocked
“You know, you raise a triple evaluation nine months later.”
William Hockey Dec 3, 2022 ▶ 56:39 William Hockey: How I Founded Plaid; The Ultimate Cold Email Tip; Hiring Lessons | 20VC #955 · 20VC with Harry Stebbings
Dec 3, 2022 bearish
Prediction Not checkable as stated
William Hockey: Stricter regulation will make M&A harder, driving in-house software development
“Acquiring is probably gonna be much more challenging over the next 10 years. And so I think you'll probably see these people just build more in-house, right?”
William Hockey Dec 3, 2022 ▶ 50:10 William Hockey: How I Founded Plaid; The Ultimate Cold Email Tip; Hiring Lessons | 20VC #955 · 20VC with Harry Stebbings
Dec 3, 2022 negative
Insight
Hockey: Fast hiring and execution speed are false goals for startups
“I do generally think that this desire for speed and this desire to, like, move quickly and hire a lot is a little bit of a false lie. I think companies can be built much more slowly than people think. As you look at value creation over a five to 10 year period…”
William Hockey Dec 3, 2022 ▶ 19:09 William Hockey: How I Founded Plaid; The Ultimate Cold Email Tip; Hiring Lessons | 20VC #955 · 20VC with Harry Stebbings
Dec 3, 2022 neutral
Assertion Supported
Hockey: Bank wire cutoffs stem from bank implementation, not the Fed
“A lot of this, like, hey, I can't send a wire past four p.m., that has nothing to do with when you can actually send a wire at the Fed. It's all about when the bank is open for you to send that wire.”
William Hockey Dec 3, 2022 ▶ 38:54 William Hockey: How I Founded Plaid; The Ultimate Cold Email Tip; Hiring Lessons | 20VC #955 · 20VC with Harry Stebbings
Dec 3, 2022 negative
Assertion Not checkable as stated
Hockey: Building on traditional banks takes 9-18 months and limits features by 90%
“However, anytime you build in financial services, you have to build on top of the bank. And to do this right now, it takes nine, 1218 months. It's extremely painful. It's extremely expensive. And you can only probably ship 10% of the products that you want, ri…”
William Hockey Dec 3, 2022 ▶ 32:51 William Hockey: How I Founded Plaid; The Ultimate Cold Email Tip; Hiring Lessons | 20VC #955 · 20VC with Harry Stebbings
Dec 3, 2022 negative
Insight
Hockey: Most 1,000-person tech companies could achieve the same with 100
“I think as we're learning and have learned that most companies that are over a thousand people, you can probably do the same damn thing with a hundred people.”
William Hockey Dec 3, 2022 ▶ 17:11 William Hockey: How I Founded Plaid; The Ultimate Cold Email Tip; Hiring Lessons | 20VC #955 · 20VC with Harry Stebbings
Dec 3, 2022
Disclosure
Hockey: Fintech startup Column is completely self-funded and employee-owned
“And I think we're in a different world right now, and we're completely self-funded and employee-owned.”
William Hockey Dec 3, 2022 ▶ 13:05 William Hockey: How I Founded Plaid; The Ultimate Cold Email Tip; Hiring Lessons | 20VC #955 · 20VC with Harry Stebbings
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