S3E6: Capital One Case Interview Example
Strategy Simplified
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How to Cover the Default Fees
"How are we going to cover the default?" he asks. "It's going to be a cut from the profits, right? So it's basically we're going to generate less profit because we are incurring that." He adds: "In both cases, we do make substantial revenue that is beyond the default" 'We haven't accounted for increase in customers that would result from removing the annual fees,' CEO says.
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