Vlad Tenev

speaker
961 appearances 7 recordings 2 series first heard Aug 2025 last heard 30 Jul

Vlad Tenev’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months
2 · Dec OctJan 26AprJulnow

Recordings per month over the last 12 months — 6 in all, peaking in Dec 2025 with 2.

Appearances

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I think we did that with crypto.
We added crypto in 2018, and it was many years of next to no volume until end of 2020 when suddenly it just –
uh really inflected so compute futures yeah if if there's a lot of demand and if people are trading them and if institutions are using them to hedge um of course we'll look to add that uh i don't know if we're seeing much of that yet i think the tricky part about that is um
it's a typically a rapidly depreciating asset.
Um, so I, I think those tend to not make for, for very good markets, but you know, you, you are in a unique situation where compute, uh, on a, on a per on like a given architecture tends to be increasing in the short term.
Uh, I don't know how long that'll last, but I think that's, that's rather unique in history and we'll see if it's the same in.
in the next two to three months.
Yeah, so what's driving the growth is a very simple value prop, 3% cash back on all categories, which is much bigger than what you'd get with a typical credit card.
It's market leading.
And so when...
We find that the best products are easy to explain to your friends.
They grow through word of mouth.
And if someone asks you, well, why would I use this credit card?
You have a very simple answer, 3% cash back on categories.
And of course, the user experience is nice and you have...
virtual cards and family features and and we we make it really good around the edges but um i think the the clear reason that's easy to explain is is a big part of it so we're now at above a million card holders with the gold card i mentioned earlier 100 million in in annualized revenue for the card business and last week we started rolling out platinum so we have um
Thank you.
We've got a growing card portfolio.
I think the Platinum card is really, really good.
If you haven't checked out the website, sometimes I just scroll through the website and look at all the great things that we're offering.
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