Ramp

“So we start this business called buyer. We go 50, 50 on it. I promote it and talk about it, given the rails and accounting and stuff. And we literally, I think we started it for like 50 or a hundred grand and we sold it to ramp about maybe six months ago now f…”

“There's this company called buyer.co and my friend started it and it was called negotiating as a service and they would negotiate anything on your behalf and take a percentage of the savings and the company sold to ramp.”

“I think some of the stupidest companies that are big that I don't get is like Brex or Ramp. They're like credit card branded companies that are like ten billion dollars.”

“When we started buyer, which is our negotiation service for software that we launched two years ago and we ended up selling it to ramp. So I think we started that business for 50 K”

“Somewhere between a 102 hundred, maybe 200.”

“By the end of 20, 21 again, I think the multiples really hadn't changed too much, but the company ended with an 8.1 billion dollar valuation. And we were coming up to, but hadn't yet crossed a hundred million a year in revenue.”

“We had set goals that we wanted to grow the company 10% a week. You know once you get the scale, 20% a month.”

“We're still just about doubling each year at enormous scale. I think we are one and a half percent ish of the corporate and small business card market in the US.”

“I want to say like 15 to 17 months from a million to a hundred million.”

“All my stock is in ramp. It's just a certificate.”

“And I pretty, pretty regularly try to go and like blow up my calendar and be like, all right, I actually love doing this thing. Am I spending any time on it? No. And I promise if you spend too many weeks in a row doing something you hate you're going to be mis…”

“I mean, now we're over 1100 people. There can be single, you know, two week periods when we have 40 to 50 people that start.”

“He actually bought a bank for, I think, sixty million dollars of his own money, and then he started this and he basically uses it as a the underlying bank under Mercury, under Ramp, under Brex, under all these companies, and so he and I think they're doing, th…”