Tech: Blend's CEO Nima Ghamsari

Industry Focus

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4.6 • 854 Ratings

🗓️ 1 October 2021

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

Earlier this summer, we broke down Blend Labs S1 and explained the company's role as the infrastructure for financial services industry.

CEO Nima Ghamsari joined the show to talk about how the company fits into the financial services ecosystem and why he thinks the usage-based software model is the future.

Stocks: BLND

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Transcript

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0:00.0	Welcome to Industry Focus. The Podcast that dives into a different sector of the stock market each day.
0:11.0	I'm your host Emily Flippin. I'm Jason Moser. I'm Nick Seyple. I'm Dylan Lewis. And today
0:16.0	we're talking financials. Today we're talking consumer goods. Wild Card Wednesday.
0:20.4	And we're talking energy. And today we're talking tech.
0:23.7	Let's dive in.
0:27.0	It's Friday, October 1st, and we're following up on a company that recently went public.
0:31.9	I'm your host, Dylan Lewis, and on today's episode,
0:34.4	we'll be airing an interview with Blend Lab CEO NEMA Gamsari.
0:38.8	Industry focus listeners might remember the name
0:41.0	from our July 23rd episode, where we went through Blens S1.
0:44.7	The company provides the software infrastructure for financial institutions and
0:48.3	full contributors Brian Farroldi and Brian Stofel recently spoke with NEMA
0:52.4	about the aha moment behind Blend Labs, how financial services can be a massive part of consumer mobility and why the usage-based software model is the future. Enjoy.
1:02.0	Today we are lucky enough to have with us, Nima Gamsari.
1:05.0	He is the CEO and founder of Blend Labs, a recently IPO company.
1:11.0	And Nima, thank you so much for being with us today.
1:15.0	Thanks for having me.
1:17.0	So before we start off, I always like to think about it this way.
1:21.0	We have a lot of investors that come from a lot of different places in the world
1:24.4	when they are looking at companies to invest in and it's easy to just start getting into
1:29.9	jargon and definitions and a lot of that can go over people's head. So my question to you is,
1:35.6	you walk into a classroom of kindergartners and you have to explain to them what
	...

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