6min chapter

Second Time Founders cover image

E 10 w/ William Hockey, Plaid getting their series A term sheet pulled from a tier 1 VC, William buys a bank to build the financial system from the bottom up, founders share everything

Second Time Founders

CHAPTER

How Much Does It Entail to Buy and Run a Bank?

FAD column is not backed by anybody else's. You're self-funded and plaid was famously backed by venture capital. Took on hundreds of millions of dollars. Do you have any great war stories from before? And also how much different is it building a company that's self-funded?

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