Expensify's David Barrett: “Any good idea has to sound bad”

The Times Tech Podcast

• Episode: Expensify's David Barrett: “Any good idea has to sound bad”
• Website: The Times Tech Podcast
• Feed URL: http://rss.acast.com/dannyinthevalley
• Duration: 00:56:19
• Published: 2020-02-21 04:00

The Sunday Times’ tech correspondent Danny Fortson brings on David Barrett, founder of Expensify, to talk about competing for talent with unicorns (2:00), the odd reason for the company’s founding (5:15), creating a fictional expense-reporting startup (6:20), the deification of serial founders (10:30), why he promotes from within (14:15), the expenses industry (16:20),why he takes the whole company overseas every year (18:30), why he doesn’t like venture capitalists (25:40), buying out his investors (28:30), the stages of development (30:45), using a subscription model (32:00), why it took 12 years to get where they are (36:30), whether he wants to go public (38:15), the homelessness problem (41:30), the great rewards/points scam (43:45), his worst day of work (49:30), and the time when his employees got dengue fever (54:30).

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