What was the venture expectation vs reality gap, and how did it appear in the context of Chime in 2020?

Like I said, I think Chime is in a safer and better position than most. But again, a lot of it depends on when people expect to get their money back and how quickly Chime is worth its valuation. 

Even before I joined, there were hopes of going public. People weren't really talking about it, but it's like, "Oh, we hope we go public this year." Ultimately, I think they were probably smart to wait on it because the market wasn't great.

We'll see how long they continue to wait or if some other action happens and someone acquires them. I've always personally thought—again, not on the strategy team—that it made sense for a larger bank just to acquire Chime, because Chime is such an excellent marketing engine and they have this segment of people that, really, big banks don't really interact with or touch. 

In a world where a larger bank, like JP Morgan or Bank of America or whoever, were to acquire Chime, they basically would just totally revamp their digital experience and would be much more appealing to lower-income people, younger people, and become a cool app and just get the benefit of that brand recognition.

But it’s hard because at startups, people don't really want to be acquired. They'd prefer to IPO, especially when you work on something for so long. I’m sure all the people there want to IPO.