Compounding Interest
topic on 2 shows · 2 statements across 2 episodes
2 statements about Compounding Interest, every show
Affirm Does Not Compound Interest to Enable Fixed Pre-Pricing
“We don't compound interest specifically to make sure that we can pre-price every loan and say you're borrowing 500 dollars and your total interest charges will be 25 dollars or zero dollars if somebody else or merchant is paying your interest for you.”
Dixon: Composability is the compound interest of software development
“I like to say composability is the software as compounding interest is the finance. It has that same amazing thing. When you do compounded interest, you're like, whoa, that really matters a lot. This is obviously well known to your listeners, but in software, …”