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Daniel Kang

Daniel Kang

Researcher

Nov 20, 2025

15:25
Yeah, you had a SaaS product.
15:26
Yeah, we did last year, really around our bill pay product, customer voicing products.
15:30
more solutions that are workflow in nature versus like pure financial services or banking related.
15:35
And I think that's a common theme that we're seeing as FinTech companies look a little bit more like enterprise software companies.
15:40
It's also interesting to see enterprise software companies that look a little bit more like payments companies over time as well.
15:46
At the top, I probably still put SaaS in terms of valuation multiples.
15:49
I think next becomes payments.

8 MINS LATER

23:24
How do you square up gross profit and growth?
7:07
Okay.
7:08
The first one is to budget for a 90% failure rate.
7:12
Um, what that means is it doesn't matter where you're starting, you need to budget that you will fail most of the time.
7:18
So a single failure shouldn't knock you out.
7:21
And you can start anywhere.
7:22
So if you have a dollar, you need to start betting in pennies, not in quarters, right? So that you can continue to play the game.
7:28
And you need to give luck enough chance to, to catch up.

15 MINS LATER

speaker_3UNKNOWN
22:33
Yeah.

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