Diane Yu, co-founder and CEO of Tidalwave, explains the company's hybrid office structure and attendance expectations.
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Yu: FreeWheel never lost a deal competing against Google
“We competed with Google, hide and hide competition, never lost a deal.”
Insight
Yu: Point of sale is the best entry point for mortgage software
“Starting from the back end, even though as an engineer is the right entrance, but it's not the best. Why don't you think from a different perspective? Why don't you think from the point of sale industry has been liking of innovation for a long time. It's a sma…”
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Yu: Mortgage tech shifted from AI skepticism to intense FOMO
“I would say that FinTech and the mortgage tech this year, I've seen a huge difference, a change, a mentality change from, Hey, it may not be something that's even relevant to me to today saying, you know what? Fear of missing out. I have to get in. I have to s…”
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Yu: FreeWheel captured over 70% market share before Comcast acquisition
“At the end that, you know, basically we had about set over a 70% of market share for the infant industry we were in.”
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Yu: Tidalwave grew pipeline 3x in a quarter with zero marketing spend
“And then that's how we grow our pipeline in the past quarter, three months just exploded, and we grow like three acts of the pipeline, like within that quarter, and then only considering we have like two sales, and then, you know, I'm not paying anything for l…”
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Yu: Traditional mortgage updates can take up to 45 days
“When you're applying for mortgage, you talk to people, you send them a lot of documents, and maybe in like two weeks or 45 days sometimes, They come back and tell you the updated information.”