Malka: Dee Hock's association legal model was Visa's biggest success
Micky Malka · Lessons From Backing The Best Founders In Fintech | Micky Malka · Aug 2, 2026 · at 26:35
Ribbit Capital founder Micky Malka reflects on the management and structural lessons he learned from his close relationship with Visa founder Dee Hock.
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“His biggest success was the legal model he used. No one had ever done a company in that structure. And the association model allowed everybody to save face, but at the same time, take the credit. And that's how he won.”
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