WePay

5 statements across 1 episodes · 2 bullish · 0 bearish · 1 people on the record · first statement Apr 28, 2018 by Bill Clerico · said 20 times in 3 episodes since 2018 · across every show →

Mentions by year

brought up most by Nathan Latka (13), Bill Clerico (5), Ohad Samet (2)

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Everything said about WePay, oldest first

Apr 28, 2018 positive
Insight
Clerico: Profitability beats revenue, and revenue beats user traction
“The best case scenario is to be profitable. Next best is generate revenue. You know, traction is sort of a nice number three.”
Bill Clerico Apr 28, 2018 ▶ 13:43 1008 WePay CEO on $1b+ in Transaction Volume Helping Your Favorite Online Platforms Process Payments
Apr 28, 2018 bullish
Assertion Supported
Clerico: WePay processed low single-digit billions in payment volume in 2016
“So 2016 definitely sort of low single digit billions as we were growing but, you know, and sort of doubling year over year.”
Bill Clerico Apr 28, 2018 ▶ 10:27 1008 WePay CEO on $1b+ in Transaction Volume Helping Your Favorite Online Platforms Process Payments
Apr 28, 2018 neutral
Assertion Supported
Clerico: Card issuers take vast majority of 3% payment fees
“Actually, we make kind of a tiny fraction of that. The vast majority goes to your credit card company that issues your card as kind of sanctioned by Visa and MasterCard.”
Bill Clerico Apr 28, 2018 ▶ 3:46 1008 WePay CEO on $1b+ in Transaction Volume Helping Your Favorite Online Platforms Process Payments
Apr 28, 2018 neutral
Opinion
Bill Clerico: Crypto has no killer app for small business software
“But I think what we found is that in this part of the market, there really hasn't been a killer application of those technologies yet.”
Bill Clerico Apr 28, 2018 ▶ 4:53 1008 WePay CEO on $1b+ in Transaction Volume Helping Your Favorite Online Platforms Process Payments
Apr 28, 2018
Disclosure
WePay pivoted from P2P after charging consumer fees stalled traction
“Yeah, it was really hard to get traction while we were charging fees. And so it was sort of like, anytime you have to choose between traction and, you know, and monetization, like there's, you need to cut some other strategy for how to monetize. And we figured…”
Bill Clerico Apr 28, 2018 ▶ 14:11 1008 WePay CEO on $1b+ in Transaction Volume Helping Your Favorite Online Platforms Process Payments
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