bank

“Well, the bank charged us four million dollars to change one paragraph in our loan agreement, which was called a covenant. When you're borrowing money, your earnings had to represent a certain ratio compared to how much money you were borrowing, and we slipped…”

“We went to 18 different banks, and only one would talk to us, and again, this was 2010, so soon after the financial crisis, and what all these loan officers said is, hey, we've never seen such a beautiful business plan, we've never seen a company That has such…”

“Again, oftentimes they would tell you it was the single hardest thing about getting their business off the ground, because the providers that exist at the time, it was often through banks, they were the gatekeepers. They were the people that said, yes, you can…”

“From the very beginning, even before we launched, we partnered closely with banks, and now we work with banks in, you know, many different countries. And not just banks, but sort of other financial institutions besides.”

“I didn't want to be a bank. I didn't want to be A broker. I didn't want to be any of those things, because I think they all have bad reputations for a reason. They're manufacturing product and selling product.”

“The bank charged us four million dollars to change one paragraph in our loan agreement, which was called a covenant.”

“Technology companies, I think, often have a sort of go it alone mentality. We'll build it all in-house. We'll do it all ourselves. We can do things better than ever in the outside world. Whereas we thought that Stripe would only be possible, and it would only …”

“That bank went out of business like seven years after I had talked to that guy.”

“I didn't have any money. I didn't know people with money and that's really kind of almost how you have to start a restaurant. You know, bank's not going to just take a bet on you and give you a 600 grand to go open a brick and mortar restaurant.”