Everything Jeff Sloan said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Global Payments generated $3 billion in annual software sales by 2023
“By the time I left and retired last summer in 20, 23, we were actually a top quartile software company by revenue in terms of cloud SaaS if we have been listed just, you know, in the public markets in the U S for cloud SaaS software at global payments. So clea…”
Enterprise technology bets require 18 to 24 months to evaluate success
“I'm like in tech land, it's going to take 1824 months for you to figure out what was that the right, you know, kind of bet is this, you know, how does this go?”
Companies must place diversified distribution bets and quickly scale the winners
“It was all part of the thesis of, hey, it's a mosaic of solutions. I don't really know What is going to be predominant, not just today, but five years from today. So it's important to have a lot of different bets in a lot of different areas, and if those are s…”
Today's B2B technology opportunity matches the 1990s e-commerce boom
“My perspective is that investing in B to B technology today has the same growth opportunities, if not more so than investing in e-commerce did, you know, kind of at the end of the last century is kind of my view.”
Global Payments regrets cutting UK technology investments following the Brexit vote
“And I think our business would have been better positioned, you know, have we not cut those technology investments.”
Global Payments' remote delivery and telehealth tools generate billions post-COVID
“Those two things, the remote delivery and the Teladoc are key parts of our business today and are generating, you know, billions of dollars of volume years, you know, years post COVID.”
Global Payments grew its annual technology spending to over $2 billion
“So when I got to global payments, maybe we spent a couple, three hundred million a year, OpEx and CapEx in tech. When I left last year in 20, 23, you know, that number was north of two billion.”
Global Payments processed approximately $3 trillion in transaction volume in 2023
“So I think the company last year did something like transactions and probably process something like three trillion dollars plus or minus, you know, a volume.”
The annual global B2B market is $125 trillion, quadrupling consumer markets
“The size of the market, I think MasterCard's paid it at 125 trillion dollars annually, which is four times the size of the consumer driven B to B to C market where global payments historically had competed.”
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