“A Fed balance sheet at $6 trillion is more responsible than a $20 trillion balance sheet”
BK
Brij Khurana
Alpha Exchange ·
“We should want the same things that our customers want… we inverted the incentives to go and help businesses spend less to do better.”
Joe Lonsdale: American Optimist · Ep 166: Eric Glyman on Ramp's Meteoric Growth, Selling Outcomes vs Products, and the Future of White-Collar Work
Play from 15:52
15:52
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What was described
Inverted financial incentives by prioritising customer health (spending less) over short-term margin, making the company’s success depend on customers’ stronger balance sheets
Said nearby on the same subject
“We’re set up as a broker-dealer, majority of deposits are actually held not in a bank's balance sheet, but actually in securities and money market funds that the customer owns”
♫
Said on Run the Numbers
“We just didn't spend time raising money. We just went in, find a few customers, three customers in the first month, right?”
LL
Leonard Liu
TFC Business Show ·
“The model is based on primarily the number of customer profiles each brand has. So we store everything in AWS. And so we get charged depending on the volume.”
AL
Aaron Luxmoore Lexer
eCommerce Australia ·
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