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Gamsari: Blend pays new college graduates $150K to $160K starting salaries

Nima Gamsari · 20VC Special: The Real Estate Fintech OGs on Why This Is Not The End For The Bay Area and What Can Be Done To Solve It, The Pros and Cons of Working with Corporate Investors and How Leading Their Teams Has Fundamentally Changed in a COVID World · Feb 18, 2021 · at 17:37

Nima Gamsari, founder and CEO of fintech company Blend, discusses how high housing costs in the Bay Area drive up entry-level tech compensation.

0:00 / 0:04exact quote · 4.2s
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“The new grads that we hire at blend, we pay them, you know, a 150, a 160 K.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Nima Gamsari

Prediction Not checkable as stated
Gamsari: San Francisco will take a massive long-term economic hit
“I do think San Francisco is going to take a really big hit. San Francisco in particular, maybe California more broadly, but San Francisco in particular is going to take a huge hit.”
Nima Gamsari Feb 18, 2021 ▶ 19:17 20VC Special: The Real Estate Fintech OGs on Why This Is Not The End For The Bay Area and What Can Be Done To Solve It, The Pros and Cons of Working with Corporate Investors and How Leading Their Teams Has Fundamentally Changed in a COVID World
Assertion Contradicted
Gamsari: Blend powers 30% to 40% of all US mortgage lenders
“We work with about 30 to 40% of lenders in the country to power their mortgage process in particular.”
Nima Gamsari Feb 18, 2021 ▶ 3:53 20VC Special: The Real Estate Fintech OGs on Why This Is Not The End For The Bay Area and What Can Be Done To Solve It, The Pros and Cons of Working with Corporate Investors and How Leading Their Teams Has Fundamentally Changed in a COVID World
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