Transcript
We don’t know, but we do know MX is going on today. Has it already happened?
Yeah. No, it’s been, you know, and again, we’re not necessarily a startup anymore. We’re 12 years old. We have the benefit of having a little bit of time under our belt, a little bit more experience.
But yeah, we banked with Silicon Valley Bank. Jim’s going to be on stage talking about our experience over the last couple of weeks and what that’s meant, and then what kind of ripple effects we’re seeing.
We work with a lot of community banks, a lot of regional banks, and really what we’re talking to them about, we think now is probably more important than ever, is to innovate.
I think you put out the article. That’s really good. What was it? “Run, Don’t Walk”?
Yeah, “Run, Don’t Walk.”
The playbook is, things get scary, flight to quality on your lending and cut expenses, except the number one thing you can’t cut right now, innovation.
Because with rates going up, if you’re going to compete on rates, you’re going to lose to the big players.
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