Yuval Rooz

Syndicated loans take over three weeks to settle on average.

I don't think that that's the case.

I don't think that it needs to take this long.

And the question is, well, why hasn't it?

improved over time.

And when you end up looking at kind of like who wins from the float sitting over a settlement time that is over three weeks, you kind of understand, okay, well, there's reasons why things aren't becoming efficient.

So a lot of times, you know, people, when they use technology, and this was maybe my biggest lesson learned as a CEO of a tech company,

You really need to understand who are the winners of the current system.

What are the reasons for not innovating?

What is the reason for not bringing the efficiency to date?

Because a lot of times people will think, oh, it's because the technology didn't exist.

That's why the efficiency haven't come to place.

And I would say that probably more than 80% of the time, it's because there are certain key players in the value chain that have no interest

inefficiency being introduced.

Efficiency is, you know, I always say friction, you could think of friction as cost and cost means revenue to someone, right?

And sometimes that revenue is even with a nice margin.

It's not just like, it's not just people costs.

And I think that's the biggest lesson learned for me is a lot of times you're seeing an inefficiency and you're seeing dollar signs.

Oh my God, if I can just solve this inefficiency with my technology,

life would be better.