Rory O'Driscoll
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Appearances Over Time
Podcast Appearances
It's amazing, correct?
It's amazing, correct?
Correct.
Correct.
And it is amazing.
And it is amazing.
And you know why it exists?
And you know why it exists?
Because the European banks, unlike the American banks in general, are so crappy.
Because the European banks, unlike the American banks in general, are so crappy.
There's a reason that Revolut's worth 115 billion because the incumbent European banks were fat, dumb and happy and making margin off their customers.
There's a reason that Revolut's worth 115 billion because the incumbent European banks were fat, dumb and happy and making margin off their customers.
And there's a reason why Chime is worth $5 billion.
And there's a reason why Chime is worth $5 billion.
Still a great outcome, by the way.
Still a great outcome, by the way.
That's because the US banks are now a little more efficient.
That's because the US banks are now a little more efficient.
It's also why NewBank is such a valuable business.
It's also why NewBank is such a valuable business.