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Building Credit Karma with Ken Lin, Founder & CEO
Manage episode 357643901 series 3456279
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Building Credit Karma was not easy. Ken raised the company’s first major round in 2009 during the Great Recession and in 2020 navigated the sale of the business during the early days of the covid pandemic, during which Credit Karma saw dramatic declines in revenue and faced the prospect of layoffs. But the company has come through those events and more stronger than ever. Despite the pandemic, Intuit closed the acquisition for a record setting $8 billion in late 2020. Since then, Credit Karma has continued to grow and is projected to deliver over $1.5 billion in revenue in FY 2022. Even more importantly, Credit Karma continues to create huge benefits for their 110+ million members by bringing transparency to credit scores, which in turn affords tailored access to the best financial products–across card, mortgage, auto and more–for their unique situation.
█ Guest
Ken Lin, Founder & CEO
https://www.linkedin.com/in/kennethjlin
█ Moderator
Rex Salisbury, Founder @ Cambrian
https://www.linkedin.com/in/rexsalisb...
https://twitter.com/rexsalisbury
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