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Tom Burnside

๐Ÿ‘ค Speaker
281 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
LendingPoint Hits $600m ARR, Will Profit $120m on AI platform for consumer loans

You know what I'm saying?

SaaS Interviews with CEOs, Startups, Founders
LendingPoint Hits $600m ARR, Will Profit $120m on AI platform for consumer loans

But that is a valuation challenge because a fast-growing company will continue to have massive scale and efficiencies of scale and growth and revenue that won't show up in earnings in the first year.

SaaS Interviews with CEOs, Startups, Founders
LendingPoint Hits $600m ARR, Will Profit $120m on AI platform for consumer loans

So you really kind of need to do it more as a discounted cash flow we see primarily over a five-year period or even a 10-year period to pick up the value of what you're creating.

SaaS Interviews with CEOs, Startups, Founders
LendingPoint Hits $600m ARR, Will Profit $120m on AI platform for consumer loans

So I'm going to hold that at this particular point.

SaaS Interviews with CEOs, Startups, Founders
LendingPoint Hits $600m ARR, Will Profit $120m on AI platform for consumer loans

Yeah.

SaaS Interviews with CEOs, Startups, Founders
LendingPoint Hits $600m ARR, Will Profit $120m on AI platform for consumer loans

Here's the deal.

SaaS Interviews with CEOs, Startups, Founders
LendingPoint Hits $600m ARR, Will Profit $120m on AI platform for consumer loans

We're making money.

SaaS Interviews with CEOs, Startups, Founders
LendingPoint Hits $600m ARR, Will Profit $120m on AI platform for consumer loans

We'll make 100 plus this year.

SaaS Interviews with CEOs, Startups, Founders
LendingPoint Hits $600m ARR, Will Profit $120m on AI platform for consumer loans

100 million net?

SaaS Interviews with CEOs, Startups, Founders
LendingPoint Hits $600m ARR, Will Profit $120m on AI platform for consumer loans

Yeah, 100, 120.

SaaS Interviews with CEOs, Startups, Founders
LendingPoint Hits $600m ARR, Will Profit $120m on AI platform for consumer loans

And we're one of the only ones that are growing at the rate we're growing and making that level of profit.

SaaS Interviews with CEOs, Startups, Founders
LendingPoint Hits $600m ARR, Will Profit $120m on AI platform for consumer loans

So we're gonna let the markets decide that at some point, but we feel like we're in a really great spot.

SaaS Interviews with CEOs, Startups, Founders
LendingPoint Hits $600m ARR, Will Profit $120m on AI platform for consumer loans

We feel like the things are moving in the right direction.

SaaS Interviews with CEOs, Startups, Founders
LendingPoint Hits $600m ARR, Will Profit $120m on AI platform for consumer loans

The predictability of the models continue to get better.

SaaS Interviews with CEOs, Startups, Founders
LendingPoint Hits $600m ARR, Will Profit $120m on AI platform for consumer loans

The AI is growing fast on both the credit, but also on the pricing of the products.

SaaS Interviews with CEOs, Startups, Founders
LendingPoint Hits $600m ARR, Will Profit $120m on AI platform for consumer loans

And it's really accelerated our growth and we're pretty excited about where we're at.

SaaS Interviews with CEOs, Startups, Founders
LendingPoint Hits $600m ARR, Will Profit $120m on AI platform for consumer loans

Yeah.

SaaS Interviews with CEOs, Startups, Founders
LendingPoint Hits $600m ARR, Will Profit $120m on AI platform for consumer loans

Warburg's an amazing partner.

SaaS Interviews with CEOs, Startups, Founders
LendingPoint Hits $600m ARR, Will Profit $120m on AI platform for consumer loans

Look, Warburg, that was the first institutional round that we've taken.

SaaS Interviews with CEOs, Startups, Founders
LendingPoint Hits $600m ARR, Will Profit $120m on AI platform for consumer loans

And they've been amazing partners.