Jason Wilk
Co-Founder & CEO, Dave. On 1 show, 1 appearance. The Shows tab opens the full record on each.
founderexecutiveinvestor@Jasonwilk ↗LinkedIn ↗dave.com ↗Wikipedia ↗
Jason Wilk is the co-founder, CEO, and Chairman of Dave, a publicly traded neobank and fintech platform. He previously founded several ventures, including the Y Combinator-backed video syndication platform AllScreen, which was acquired in 2015.
1shows
1appearances
29statements
4resolved
4supported
0contradicted
100%fully supported
Everything Jason Wilk said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Wilk: Trump Administration is Better for Business Than Biden
“Well, just his approach to less regulation in general. Again, this is less of an overhang for companies just to focus on building true innovative products without the need to constantly feel like they're going to trip some government wire.”
Wilk: Short-Seller Reports Often Contain Incorrect Facts and Exaggerations
“They're actually writing research on a company to get people to short it. And oftentimes those facts are incorrect. They're assumptions. They're, you know, they can be blown out of proportion for things that, again, are just for purely for profit.”
Wilk: Backing Second-Time Exited YC Founders Yields Top VC Returns
“If you were to have a blank check VC fund, and you just wrote a check blank, not looking at the idea, uncapped convertible note into every successful exited YC founder for their second company, you'd have probably one of the best VC funds on the planet.”
Wilk: Massive Preference Stacks Blocked Dave From Acquiring Small Startups
“There's a lot of companies that we would have probably bought by now that are very small, but have raised a couple hundred million dollars of prep. And so it just makes their inevitable outcome Impossible.”
Wilk: Tesla's Trillion-Dollar Valuation Would Be Impossible if Private
“Like Tesla, I'd argue would not be a trillion dollar private company, but because of sort of the cult generation they've developed, the Tesla owners that buy the stock, they're the ones that have pushed it above and beyond any reasonable Sort of EBITDA multipl…”
Wilk: Going Public 9 Months Earlier Would Have Prevented Dave's Crash
“Had I gone public nine months earlier, we would have had the chance to raise potentially more capital. We would have been able to Turn over our earlier shareholders, bring more longer term capital. And like, we never would have gone to a five billion dollar va…”
Wilk: Major Banks Will Cede Lower-Income Consumers to Fintech Platforms
“And I think They will ultimately seed on the lower income and younger consumer, and instead you're seeing the bigger banks doubling down on more of the private wealth, higher end clientele, where I would say the banking system is actually quite good in this co…”
Wilk: European Neobanks Consistently Fail and Retreat From US Market
“They've consistently tried to come here and retreated because their product offering is just not a fit for the U S at least in the way they go to market in these other countries”
Wilk: Capping Credit Card APRs Drives Consumers to Payday Loans
“The reason why People charge what they do for risk is because there's risk. And the second you take away someone's ability to monetize just means they shrink the funnel. So it's like, great job. You capped rates. You just kicked a bunch of people out of the cr…”
Wilk: AI Investments Drove Dave's Return to Profitability
“The investments again in AI is really what led to a lot of the profitability.”
Wilk: Dave Created More Millionaires via Performance Stock Than IPO
“I think we probably minted more millionaires at the company as a result of the performance stock units than we did in the actual IPO process.”
Wilk: Dave Reached Peak Market Cap Upon Announcing $100M FTX Deal
“We had this big partnership with FTX. That's when our market cap reached its all time high. Was when we announced that partnership and they wrote us a hundred million dollar convertible check into the company.”
Wilk: Dave Settled $100M FTX Convertible Note Early for $71M
“That note was not due until 2026. And I think it was last year, January, we paid them back seventy one million dollars as opposed to the, you know, at the time of repayment would have been probably 109 or one hundred and ten million.”
Wilk: AI Handles 80% of Customer Support Inquiries at Dave
“And we also now have 80% of our customer support inquiries are driven by AI”
Wilk: Dave Reached Profitability Without Layoffs, Maintaining 300 Employees
“We fortunately never had to do any RIF. The result of profitability was never because we had to lay people off. We were 300 people at the IPO. Dave is 300 people still today.”
Wilk: Financial Super-Apps Fail in US Due to Higher Competition
“We have not seen this sort of super app mentality be successful here the way it's been successful in other countries where the, there's just less competition outside.”
Wilk: Dave's Customer Acquisition Cost is $16
“But my CAC is 16 dollars because I take this speed of value approach where I want to make you a happy customer immediately.”
Wilk: All PIPE Investors Exited Dave Before IPO Lockup Expired
“All of our pipe investors from our IPO bailed before our lockup expired.”
Wilk: Second-Time Founders Take Bigger Risks After Securing Wealth
“It's just amazing the swing for the fences that some of the second time founders go for once they have a little bit of money in their pocket. Who otherwise were a little bit more conservative the first time around.”
Wilk: Y Combinator Acquired 6% of Stripe for $17,000
“The check size was only 17,000 dollars back then for six percent, not whatever it is today, I think it's a couple 100,000 dollars, so 17 grand bought them six percent of Stripe, which is pretty, pretty impressive.”
Wilk: Distressed Startup Sales Will Begin Only When Cash Depletes
“It will come. It just has not come yet. I still think people, there needs to be more time for the capital to burn. People need to actually run out of money for that to happen.”
Wilk: Few Employees Left Dave Despite a 98% Market Cap Drop
“Even when our market cap went down 98%, the amount of people that left the company during that time was so small because people weren't here to make millions of dollars.”
One line per show, most statements first. The link opens Jason's full record on that show: the calibration, argument clarity, speaking style and every statement made there.
| Show | Role there | Eps | Statements | Record | |
|---|---|---|---|---|---|
 20VCLEDGER | Co-Founder & CEO, Dave | 1 | 29 | 100% 4/4 | full record on 20VC → |