Plaid

“As we were having this conversation we did, of course, raise a little bit more money in that round in order to enable the acquisition.”

“With Chase we sold directly into their, to their wealth management division to help them build, kind of, wealth analysis tools for their advisors. And in, in that case, yeah, we'll sign an actually narrow MSA. And over time iterate that MSA to be many other us…”

“So in our back end, we've integrated with about 10,000 financial institutions in the U.S. And Canada which is substantially all our lawyers say that substantially all means almost everyone. And so about 10,000 in the U.S. And Canada and then about three to 400…”

“We raised, I think it was a twelve million dollar Series A, and knew that we had to spend at least a few million on, on this lawsuit.”

“There's a certain value to having a dichotomy to truly being a tech company and talking to a bank as a tech company.”

“When we built the company initially, we focused on just the biggest banks, because that was the most volume, that was the most people, and that's the way to build the product the fastest. But we left out the people at the edges. We left out people that had sma…”

“Venmo was one of our first customers. We do the connectivity between Venmo and the bank account.”

“When we were an eight person company, we actually got sued for patent infringement on a handful of patents that under today's patent standards are not patents. So for example, passing financial data via an API. In that case all of Silicon Valley infringes on, …”

“Lending Club was an early customer of ours and Lending Club was directly competitive with the banks and the banks didn't love the fact that we were enabling, enabling Lending Club to make loans, enabling Lending Club to steal their profit.”

“Most people treat treat banks as, or think of banks as a tax on their lives. You put your money into a bank, and it's just a matter of time before they charge you enough fees that it's gone.”

“We started with a two million dollar marketing budget last year and spent less than a 10th of that in, in trying to run some experiments, so figuring out how to scale that up.”