The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
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Glyman: Ramp Was First to Unify Corporate Cards and Expense Systems
“It's part of why we're the first in the industry to go look at expenses and say, like, why are there two systems involved in buying every single thing you do?”
Glyman: AI research labs are Ramp's most comparable competitors
“In some sense, it is a form of knowledge, work, and intelligence that we are serving and servicing for you, and I think that labs are, in some sense, the most comparable provider of this type of service.”
Glyman: Ramp powers over 3% of US corporate card transactions
“Over three percent of all of the corporate card transactions in the United States are powered by ramp, and nearly one percent of all the corporate transactions are running through ramp.”
Glyman: Two workdays reveal more about candidates than 15 interview hours
“Even if you have a really intensive interview process, and you have, like, 10 rounds of interviews, right, and you interview someone for 15 hours, it turns out in two business days of working with someone, you're gonna have more information about working with …”
Glyman: Hiring college freshmen captures talent mispricings before AI labs compete
“I agree with Elon's philosophy of trying to find really smart people, in part because it allows you to find maybe something like a mispricing in the market by their junior summer, or after they've been working for five years, it's priced in. You're competing s…”
Glyman: Compensating free riders equally destroys high-performing team culture
“I think one of the most damaging things you can do to an organization is if there are folks who are getting paid similarly, have similar ownership, and are just not pulling their weight, because I think it leads to this, like, very tough, like, question and fa…”
Counterintuitive tech companies must build movements to overcome bias and recruit talent
“If you are building something like, we've talked about Andrel, it's sort of easy to talk about because it's such a perfect case study from the past, but we've talked about RAMP or General Matter, these, you need to build a movement of people to believe somethi…”
Glyman: Ramp has seen five consecutive quarters of accelerating revenue growth
“Like, we've had five quarters in a row of accelerating revenue growth while you know, doubling the business and doing it on a multi-billion dollar scale, and so that part of it has been incredibly energizing.”
Glyman: Pre-Ramp Corporate Card Industry Relied on Rewards Counter to CFO Interests
“If you kind of look at the credit card industry which is where we started even just seven years ago, everyone had agreed that the best way to earn business was through these points and rewards
Go spend more money. You can earn points and multipliers will have …”
Glyman: Ramp customers grow revenue at 16% median annual rate
“The typical business that adopts Ramp is growing their revenue a median of 16% per year. The U.S. Average is three to four percent.”
Eric Glyman plans to work on Ramp for his entire life
“I want this to be the last company I ever work on. And I want to work on this for the rest of my life.”