The Ledger

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Disclosure
Sager: Plaid intentionally avoids running at 100% capacity to preserve agility
“Hey, I really don't ever want to be at like right at a hundred percent capacity. I'm willing to pay for some inefficiency so that as the market evolves, as our product evolves, et cetera, like I have the capacity to kind of adjust to it in real time, much more…”
Eric Sager Jul 16, 2026 ▶ 25:23 Why great leaders make themselves obsolete | Eric Sager (COO, Plaid)
Disclosure
Sager: Plaid will accept account unprofitability to ensure customer success
“There's just, there's almost no amount of money, right, that I wouldn't reasonably spend to make sure that one of our customers gets to a good outcome. And even if that makes that account unprofitable, That experience will kind of resonate across the rest of t…”
Eric Sager Jul 16, 2026 ▶ 34:29 Why great leaders make themselves obsolete | Eric Sager (COO, Plaid)
Disclosure
Sager: Plaid avoided hiring middle managers to keep organization flat
“We never really hired a lot of kind of middle managers, so to speak, right? The focus was really always on Hiring as many frontline folks as we need that are either, you know, building products, developing products, working with our customers, et cetera, or we…”
Eric Sager Jul 16, 2026 ▶ 10:14 Why great leaders make themselves obsolete | Eric Sager (COO, Plaid)
Disclosure
Sager: Unifying GTM functions under segment leaders boosted Plaid's CSAT and upselling
“So one thing that we did is we then created our segments. But then we put all the functions within the segment together so that the person leading the segment owned the entire end-to-end customer relationship, right? And so suddenly, even if it wasn't the exac…”
Eric Sager Jul 16, 2026 ▶ 20:14 Why great leaders make themselves obsolete | Eric Sager (COO, Plaid)
Disclosure
Sager: Reference calls often reveal executive candidates never met their buyers
“And even just like referencing, like in, in my world, like I oftentimes will talk to people that they sold to, right? So like you worked for X, you're trying to, you're coming to join Plaid, but I know people that you sold to. I'll go call them. I'll be like, …”
Eric Sager Jul 16, 2026 ▶ 55:24 Why great leaders make themselves obsolete | Eric Sager (COO, Plaid)
Disclosure
Sager: Plaid kept Visa acquisition deal team intentionally small
“In the case of Visa, the team that was actively day-to-day working on the transaction was actually quite small and everyone else was a hundred percent focused on continuing to grow the business.”
Eric Sager Jul 16, 2026 ▶ 2:03 Why great leaders make themselves obsolete | Eric Sager (COO, Plaid)
Disclosure
Sager: Plaid pairs 80%-knowledge vertical sales quarterbacks with horizontal product specialists
“The way we've structured that is like, if you're on the vertical, like you own it, you're kind of the quarterback. And there's an expectation that you understand every use case, you know, call it the 80%, but where you need to, You have a team of experts that …”
Eric Sager Jul 16, 2026 ▶ 23:50 Why great leaders make themselves obsolete | Eric Sager (COO, Plaid)
Disclosure
Sager: Plaid COO still personally sells to select enterprise customers
“So there's still like certain customers that I go sell with myself, right? Because I love doing it. I probably don't need to, right? That keeps me sharp, right? Like it's fun.”
Eric Sager Jul 16, 2026 ▶ 40:57 Why great leaders make themselves obsolete | Eric Sager (COO, Plaid)
Disclosure
Sager: Plaid COO allocates his calendar 50% business, 25% team, 25% ecosystem
“See, I probably spend like 20.25% of the time on like ecosystem health, probably 50% of the time on like business health, like again, working with customers and so forth, and then 25% on team.”
Eric Sager Jul 16, 2026 ▶ 51:48 Why great leaders make themselves obsolete | Eric Sager (COO, Plaid)
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