Shawn Porat
๐ค SpeakerAppearances Over Time
Podcast Appearances
But just for example, you have companies like OnDeck that are issuing a couple of billion dollars a year in loans.
That's one alternative lender.
Only small business.
Yeah.
Yeah, only small business.
But that's just one of our brand instructors.
We do want to set up a premium model.
Also, we're going to have enterprise.
We do want to reach out to suppliers that are selling to restaurants, for example, and have all their credit analysts have the ability to check all the credit reports with the backup data.
Yeah, I mean, you know, that's, again, still very early, but we're learning a lot.
You know, just to go back into my previous company, it was a judgment marketplace where anybody can buy and sell judgments on there.
And we I got into that space originally because, you know, there are a lot of people contacting me trying to sell a judgment.
But because of Scorley, I realized.
exactly actually how many judgments are uncollected.
And that's a huge problem.
For example, like, uh, we, we took like, let's say Westchester county in New York and there's, there's about $8 billion in uncollected judgments, just in Westchester.
What do you mean?
What's a judgment?
So you see somebody in court, you get a judgment against them.
And, uh, you know, you try and collect it afterwards.