Assertion certainty 4/5 debate potential 1/5

Schumm: Vestwell's Morgan Stanley deal included growing multi-million dollar minimum commitments

Aaron Schumm · VCs passed on his "boring" startup—raises $385M at a $2B valuation | Vestwell · Sep 7, 2026 · at 4:36

Aaron Schumm, founder and CEO of Vestwell, details the financial structure of Vestwell's partnership agreement with Morgan Stanley.

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“When we signed that, it was a multi-year deal with, you know, multi-million dollar minimum commitments year over year that continue to grow.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

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Assertion Supported
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Assertion Not checkable as stated
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Disclosure
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