How he grew to $100M ARR—then exited for $460M. | Zuben Matthews, Founder of Brigit
A Product Market Fit Show | Startup Podcast for Founders
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Navigating Financial Strategies in Challenging Times
This chapter explores the early financial strategies of a lending business, focusing on the transition to larger credit facilities and the impact of external market conditions, particularly the COVID-19 pandemic. It addresses challenges in maintaining profitability, managing customer acquisition costs, and adapting to shifting market demands while combating fraud through innovative underwriting techniques. The narrative emphasizes the importance of transparency and support for users during economic downturns and the commitment to uphold financial integrity.
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