3min chapter

The Network State Podcast cover image

#2 - Tobi Lütke & Kaz Nejatian on Shopify's Country-Sized Economy

The Network State Podcast

CHAPTER

The Underwriting Engine to Underwrite Small Businesses Doesn't Exist.

The idea for corporations trying to reach India Company, it was a very weird thing. The type of loan you usually get requires a personal guarantee. They're not actually lending you money to business. So the underwriting engine to underwrite small businesses doesn't exist. It's you can fake it, butdoesn't exist.

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