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Alex Bean

๐Ÿ‘ค Speaker
824 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Look Back It's been a year since Bill acquired Divvy: Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

So I think I would say.

SaaS Interviews with CEOs, Startups, Founders
Look Back It's been a year since Bill acquired Divvy: Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

Do you think they're doing more revenue than you or they're just good at driving evaluation?

SaaS Interviews with CEOs, Startups, Founders
Look Back It's been a year since Bill acquired Divvy: Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

I don't know their revenue for sure, but I'm fairly confident.

SaaS Interviews with CEOs, Startups, Founders
Look Back It's been a year since Bill acquired Divvy: Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

I do know that.

SaaS Interviews with CEOs, Startups, Founders
Look Back It's been a year since Bill acquired Divvy: Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

I think the gaps are smaller than people think.

SaaS Interviews with CEOs, Startups, Founders
Look Back It's been a year since Bill acquired Divvy: Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

I think they're very good at driving valuation, but they're bigger.

SaaS Interviews with CEOs, Startups, Founders
Look Back It's been a year since Bill acquired Divvy: Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

I think that it is very fair to say.

SaaS Interviews with CEOs, Startups, Founders
Look Back It's been a year since Bill acquired Divvy: Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

I can't speak to their numbers and stuff.

SaaS Interviews with CEOs, Startups, Founders
Look Back It's been a year since Bill acquired Divvy: Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

Look, my thing is Brex drove innovation on the credit side, and they deserve a lot of credit for it.

SaaS Interviews with CEOs, Startups, Founders
Look Back It's been a year since Bill acquired Divvy: Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

We drove innovation on the software side, and we deserve a lot of credit for it.

SaaS Interviews with CEOs, Startups, Founders
Look Back It's been a year since Bill acquired Divvy: Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

My point is you're going to see the market, whether it's the big companies like Chase, Wells Fargo, Amex, et cetera, or other startups copying suit.

SaaS Interviews with CEOs, Startups, Founders
Look Back It's been a year since Bill acquired Divvy: Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

Budget is one of those things that we've held to and we're super proud of.

SaaS Interviews with CEOs, Startups, Founders
Look Back It's been a year since Bill acquired Divvy: Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

And it's super powerful for our customers.

SaaS Interviews with CEOs, Startups, Founders
Look Back It's been a year since Bill acquired Divvy: Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

And I think you will see that be emulated in some form over the next couple of years.

SaaS Interviews with CEOs, Startups, Founders
Look Back It's been a year since Bill acquired Divvy: Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

Yeah.

SaaS Interviews with CEOs, Startups, Founders
Look Back It's been a year since Bill acquired Divvy: Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

So again, not going to disclose specific numbers.

SaaS Interviews with CEOs, Startups, Founders
Look Back It's been a year since Bill acquired Divvy: Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

Here's the thing though, with Divi, because it's like, hey, someone will get it in and they'll start using us for the card software.

SaaS Interviews with CEOs, Startups, Founders
Look Back It's been a year since Bill acquired Divvy: Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

But then they start using us for the AP management or then they start, you know, at some point they're going to start using us for the loan management.

SaaS Interviews with CEOs, Startups, Founders
Look Back It's been a year since Bill acquired Divvy: Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

So we actually feel like there's another five things we can add in that stack and five just being a, you know, kind of a figure.

SaaS Interviews with CEOs, Startups, Founders
Look Back It's been a year since Bill acquired Divvy: Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

That's all mainly free though, right?