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EP 58: Annie Lamont (Co-founder, Oak HC/FT) - The State of the Market and Being a VC in the 90s

The Logan Bartlett Show

CHAPTER

The Unbanked: The First Data Curbs

Annie Lennox: I did a screen when the world went to hell on like public stocks and looked at where the multiples, like what it held up. We'd done PASIS, which ended up being first data curbs; essentially their international global payment processing engine. It just felt like, no, this was going to be like banking, financial services, nothing had been reinvented. And then, you know, then our first couple deals were quite successful. So that just fed on it. If you're not successful early, you don't get an opportunity to be successful late, right? Better to be lucky early in your career, I think, on a, you

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