6min chapter

This Week in Startups cover image

Zoom earnings, SaaS burnout, Amazon's $10B Alexa loss + FTX contagion with Sunny Madra | E1619

This Week in Startups

CHAPTER

Why Now Pay Later?

I remember in 2006, having a conversation with a mortgage broker who basically was like, oh yeah, you can get a loan this big. And I was like, that is our entire monthly income. Is it $3 trillion in credit card debt that Americans have? We are actually... The whole nation is kind of a financial asset. It's kind of high right now, right? I think that's what it ... Keep spending. This is what's going to get the economy... This is what’s going to kill inflation.

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