Eric Glyman, Co-founder and CEO of Ramp, shares his vision on transforming finance management with AI. He challenges the chatbot trend and advocates for 'zero-touch' automation—what he calls 'self-driving money'—to reduce tedious tasks. Glyman discusses how AI can operate invisibly for companies, unlocking time for meaningful work. He also emphasizes the need for a strong product culture and the evolving role of finance leaders in this tech-driven landscape. His insights reflect a groundbreaking approach to simplifying financial processes.

Eric Glyman, CEO of Ramp, and Keith Rabois discuss Ramp's efficiency secrets, speed of execution, strategic partnerships with Founders Fund & Khosla Ventures, challenges for the next 12 months, and the transition to a platform model. They explore strategic thinking, operational effectiveness, and the value of time management in business growth.

Eric Glyman and Karim Atiyeh, co-founders of one of the fastest-growing fintechs, dive into how their innovative platform, Ramp, utilizes AI to streamline operations across teams. They discuss the challenges of integrating AI in marketing while balancing creativity and technology. The duo reveals how AI enhances productivity in finance, allowing professionals to focus on strategic tasks. They also explore their unique approach of using AI-generated podcasts to capture customer insights, revolutionizing internal communication and feedback.

My guest today is Eric Glyman, co-founder and CEO of Ramp. Ramp is best known for its corporate cards but it has a range of software products to help finance teams save money and time. Since its founding in 2019, the business has grown rapidly and was last valued at $8 billion. Eric and I discuss Ramp’s initial marketing wedge, how the business has dealt with such fast growth, and why they hold stablecoins on their balance sheet. Please enjoy my conversation with Eric Glyman.   For the full show notes, transcript, and links to mentioned content, check out the episode page here.   -----   This episode is brought to you by Canalyst. Canalyst is the leading destination for public company data and analysis. If you're a professional equity investor and haven't talked to Canalyst recently, you should give them a shout. Learn more and try Canalyst for yourself at canalyst.com/Patrick.    -----   This episode is brought to you by Lemon.io. The team at Lemon.io has built a network of Eastern European developers ready to pair with fast-growing startups. We have faced challenges hiring engineering talent for various projects - and Lemon.io offered developers for one-off projects, developers for full start to finish product development, or developers that could be add-ons to the existing team. Check out lemon.io/patrick to learn more.   -----   Invest Like the Best is a property of Colossus, LLC. For more episodes of Invest Like the Best, visit joincolossus.com/episodes.    Past guests include Tobi Lutke, Kevin Systrom, Mike Krieger, John Collison, Kat Cole, Marc Andreessen, Matthew Ball, Bill Gurley, Anu Hariharan, Ben Thompson, and many more.   Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here.   Follow us on Twitter: @patrick_oshag | @JoinColossus   Show Notes [00:02:41] - [First question] - What was most notably awry about the industry before Ramp [00:04:45] - Breakdown of Visa; The business model of the Black Card compared to the business card offering of Ramp [00:08:40] - Causes and what he attributes their early success to [00:11:30] - Description of Ramp’s software in the beginning and the evolution of co-building it [00:16:34] - How he’s gone about building the company and team fast enough to handle their explosive growth curve [00:19:47] - Approaching all aspects of recruiting and acquiring such great talent [00:21:39] - Thoughts on the biggest mistake he’s made while building Ramp [00:24:05] - Lessons learned about marketing that this journey has taught him [00:26:13] - Learning to manage a senior team and advice for managing rapid growth [00:28:58] - Unique aspects of Ramp’s approach to the financing side  [00:32:56] - Why they are storing some of their balance sheet in stablecoins  [00:34:47] - What the idealized end state of Ramp looks like [00:37:26] - How the data and information he sees indicates trends in the economy writ large [00:39:33] - Providing secondary liquidity to employees in a world where companies stay private for longer periods of time [00:43:03] - Aspects of company building that are still unnecessarily hard [00:44:55] - What has him most excited about Ramp in the next 12-18 months [00:46:42] - The kindest thing anyone has ever done for him

Eric Glyman, CEO of Ramp, shares insights on leveraging AI internally, building moats in AI for startups, and the concept of self-driving money. The discussion also covers hiring strategies, motivations, and success factors in leading a fast-growing startup.

Eric Glyman, Founder and CEO of Ramp, joins co-hosts to discuss topics like building repeatable machinery, second products for startups, exec hiring, competition as a second-mover, picking customers and scope, and the mindset of being in partnership with customers.

Ramp CEO Eric Glyman discusses the success of Ramp's metrics-driven expense cards, facing competition from Brex and Mercury in the Fintech industry. They delve into the evolution of expense management software, growth strategies, continuous improvement in product development, diverse product offerings, global expansion challenges, and the future of Fintech post-SVB world.

Eric Glyman, co-founder of Ramp, a $7.6 billion finance management company, shares his insights on fostering urgency in teams by counting days since Ramp's founding. He discusses the transformative use of AI for automating expense management and fraud detection. Glyman highlights the innovative Ramp Intelligence Suite, which leverages generative AI to enhance productivity, and delves into creating a culture of rapid product development in New York's vibrant startup ecosystem.

Discover the incredible journey of Ramp, a company that achieved $100M in revenue in less than 3 years and is now valued at $8 billion. Explore how they transformed corporate expense software into something magical, and delve into the founder's transition from bankruptcy work to software development for price adjustments. Learn about their innovative B2B financial products, customer savings, fundraising insights, and the challenges faced in scaling a successful FinTech company.

In this engaging discussion, Eric Glyman, CEO of Ramp, shares his journey as a second-time founder in the fast-paced SaaS landscape. He delves into the transition from first to second-time entrepreneurship, emphasizing lessons learned and the importance of hiring the right talent. The conversation reveals how Ramp disrupted the corporate card industry by focusing on helping companies save money. Glyman also highlights the rise of New York as a tech hub post-COVID, showcasing its emerging innovation and talent pool.

Eric Glyman, co-founder and CEO of Ramp, a cutting-edge financial operations platform, takes listeners on a journey through the transformative landscape of banking and fintech. Discover the trends shaping corporate spending, the power of price intelligence, and Ramp's unique 'Moneyball' hiring strategy aimed at nurturing fresh talent. Glyman contrasts traditional banking inefficiencies with a customer-first approach while highlighting the importance of trust and innovation for business success. Tune in for insights on fostering a culture of growth and performance!