Interview with Expensify CEO David Barrett on wooing investors for the blockbuster IPO, why the company is focused on SMBs, adapting to the pandemic, and more
Benjamin Pimentel / Protocol : Tweets: @haje , @protocol , @protocol , and @benpimentel Tweets: @haje : This is a hella good piece from @RyanLawler - and a must-read for #FinTech founders and fans of #StartupFinance. I'm so glad that, with @TechCrunchPlus, we're able to dig deeper into the bread-and-butter stories @TechCrunch are best known for. https://techcrunch.com/... @protocol : David Barrett, whose expense management fintech just went public, explains the company's laser focus on smaller businesses, and why he thinks “enterprise sucks”: https://www.protocol.com/... @protocol : “I just have to remind everyone, ‘Guys, the enterprise sucks.’ The enterprise is by far the smallest, slowest, lowest-margin part of the market.” https://www.protocol.com/... Benjamin Pimentel / @benpimentel : Had a @protocol chat w/ @expensify CEO @dbarrett w/o said he's often asked 'You're this payments super app in SMB. That's cute and all. When are you going to start thinking about the real enterprise?' ‘Guys, the enterprise sucks.’ $EXFY up >50% in IPO https://www.protocol.com/...