Matt Pierce
👤 PersonAppearances Over Time
Podcast Appearances
And so when we look at that, we said, how can we go in and start to fix some of these issues? And what we did and essentially what I started here at Immediate as the founder of this company was, let's go in and connect with existing time tracking and payroll systems.
And so when we look at that, we said, how can we go in and start to fix some of these issues? And what we did and essentially what I started here at Immediate as the founder of this company was, let's go in and connect with existing time tracking and payroll systems.
And if we can go in and pull out data at the end of a shift that shows us exactly how many hours have been worked and how much money has been earned since the last payday, we can give people the ability to access their own earned but unpaid wages before the next payday for a nominal transaction fee. Now we're supporting thousands and thousands of people on our platform.
And if we can go in and pull out data at the end of a shift that shows us exactly how many hours have been worked and how much money has been earned since the last payday, we can give people the ability to access their own earned but unpaid wages before the next payday for a nominal transaction fee. Now we're supporting thousands and thousands of people on our platform.
And if we can go in and pull out data at the end of a shift that shows us exactly how many hours have been worked and how much money has been earned since the last payday, we can give people the ability to access their own earned but unpaid wages before the next payday for a nominal transaction fee. Now we're supporting thousands and thousands of people on our platform.
And so it's really neat for me to see kind of where we went from this idea into where we are today and truly impacting people's lives and giving them a responsible alternative to those predatory lending services that I mentioned earlier.
And so it's really neat for me to see kind of where we went from this idea into where we are today and truly impacting people's lives and giving them a responsible alternative to those predatory lending services that I mentioned earlier.
And so it's really neat for me to see kind of where we went from this idea into where we are today and truly impacting people's lives and giving them a responsible alternative to those predatory lending services that I mentioned earlier.
Well, my biggest shortcoming as a tech founder is that I don't code. So I have this great idea and I go, okay. let me go find somebody who can build this. And fortunately for me, I had a mentor, the same mentor I mentioned earlier that I had gone and talked to. And he goes, hey, man, I got two people I want to introduce you to that I think can at least help steer the ship.
Well, my biggest shortcoming as a tech founder is that I don't code. So I have this great idea and I go, okay. let me go find somebody who can build this. And fortunately for me, I had a mentor, the same mentor I mentioned earlier that I had gone and talked to. And he goes, hey, man, I got two people I want to introduce you to that I think can at least help steer the ship.
Well, my biggest shortcoming as a tech founder is that I don't code. So I have this great idea and I go, okay. let me go find somebody who can build this. And fortunately for me, I had a mentor, the same mentor I mentioned earlier that I had gone and talked to. And he goes, hey, man, I got two people I want to introduce you to that I think can at least help steer the ship.
And I said, before we go there, can we at least look through some things from a legal and regulatory compliance perspective? I don't want to be viewed or regulated as a lender. That seems like a huge, huge thing. So we spent from October 2018 until about
And I said, before we go there, can we at least look through some things from a legal and regulatory compliance perspective? I don't want to be viewed or regulated as a lender. That seems like a huge, huge thing. So we spent from October 2018 until about
And I said, before we go there, can we at least look through some things from a legal and regulatory compliance perspective? I don't want to be viewed or regulated as a lender. That seems like a huge, huge thing. So we spent from October 2018 until about
February, March 2019, really just jumping through some legal and regulatory compliance hurdles, which essentially gave us a roadmap of how we should build the MVP, which I think was really important for us. One of my favorite stories was back in the day when Reed Hastings was building Netflix. And they had this idea of mailing DVDs.
February, March 2019, really just jumping through some legal and regulatory compliance hurdles, which essentially gave us a roadmap of how we should build the MVP, which I think was really important for us. One of my favorite stories was back in the day when Reed Hastings was building Netflix. And they had this idea of mailing DVDs.
February, March 2019, really just jumping through some legal and regulatory compliance hurdles, which essentially gave us a roadmap of how we should build the MVP, which I think was really important for us. One of my favorite stories was back in the day when Reed Hastings was building Netflix. And they had this idea of mailing DVDs.
Before they went out and tried to do anything, they said, well, let's just figure out if we can actually mail DVDs with the standard, whatever it was at the time, like late 90s, 25 cent stamp. Because, hey, if we can't do that, then we're dead in the water before we get started.
Before they went out and tried to do anything, they said, well, let's just figure out if we can actually mail DVDs with the standard, whatever it was at the time, like late 90s, 25 cent stamp. Because, hey, if we can't do that, then we're dead in the water before we get started.
Before they went out and tried to do anything, they said, well, let's just figure out if we can actually mail DVDs with the standard, whatever it was at the time, like late 90s, 25 cent stamp. Because, hey, if we can't do that, then we're dead in the water before we get started.