2min chapter

Searching for Mana with Lloyd Wahed cover image

Why I love recessions and what the military taught me, Arik Shtilman, Co-founder Rapyd

Searching for Mana with Lloyd Wahed

CHAPTER

Are You Looking at What to Lean Into in Your Business Model

I love recessions, I think it is the biggest opportunity for the strong to become stronger. We have massive amount of capital that was invested into the company and we don't burn a lot of money. So from our perspective, cash is king and when cash is king companies like ourselves can become even bigger. For us, it's an amazing opportunity to increase our business in some countries as well. Maybe at the current stage organically, we're slower and these type of acquisitions can actually really provide us an amazing kickstart into growing fast in some markets. Absolutely. Thank you for that transparent response, Eric.

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