Against the Rules with Michael Lewis Bonus Against the Rules: Help in a Crisis
Mar 25, 2020
In this engaging conversation, Jimmy Chen, Founder and CEO of Propel, shares his insights on aiding low-income Americans through the pandemic. He discusses the challenges families faced with food assistance and the vital role technology plays in navigating these issues. Chen highlights an innovative app designed to connect users with essential resources. The talk also delves into the importance of community resilience and support systems, emphasizing how cash transfers and social services can uplift those in crisis.
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Toilet Paper Anxiety
- Low-income individuals often buy toilet paper in small quantities due to budget constraints.
- Empty shelves cause anxiety because they lack backup supplies, unlike those who can bulk-buy.
Propel and Fresh EBT
- Jimmy Chen created Propel to help low-income Americans navigate safety net programs.
- Fresh EBT app helps manage food stamp benefits and access other financial resources.
Chen's Motivation
- Chen's family experienced financial hardship after his dad lost his job.
- This, coupled with his Silicon Valley experience, inspired him to address the tech gap for low-income individuals.