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Amrit Singh Profile
Amrit Singh

@amritxyz

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Building a health system from scratch in India with 500,000 lives insured and counting @loophealthhq

Chicago + Mumbai
Joined February 2018
Don't wanna be here? Send us removal request.
@amritxyz
Amrit Singh
2 years
spouses with stable jobs are the silent heroes of the startup world
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@amritxyz
Amrit Singh
2 years
I don't think talented people want sky-high salaries and crazy perks. They want to work on a great mission and solve hard f*cking problems.
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@amritxyz
Amrit Singh
3 years
If you quit your job to start a company this year, DM me proof and I'll pay for your health insurance. (and your co-founders too)
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@amritxyz
Amrit Singh
1 year
After living in India for 3 years, I can safely say that most Americans don't know what it means to work hard.
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@amritxyz
Amrit Singh
3 years
The best part of having a common name is the passive income on Venmo
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@amritxyz
Amrit Singh
3 years
Google grew in spite of using OKRs not because of them. Hands-down the worst management tool. 🗑️
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@amritxyz
Amrit Singh
5 years
Venture investors be like --
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@amritxyz
Amrit Singh
3 years
MBA debt or 10 angel investments
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@amritxyz
Amrit Singh
5 years
Has anyone tried to build a better Goodreads? (Purchased by Amazon for $150m in 2013) 30 million monthly visitors 👓 80 million book reviews 🔖 Active subcommunities each with 10k+ members Terrible UI/UX ☹️
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@amritxyz
Amrit Singh
2 years
Kids in the US want to be influencers. Kids in India want to be founders.
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@amritxyz
Amrit Singh
2 years
Founders trying to find PMF without talking to users
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@amritxyz
Amrit Singh
2 years
When we raised our Series A last year, we spoke with 2 Indian VCs who were invested in competitors. They begged us to be in the round, explaining there was no conflict. After we shared our diligence materials we never heard back from them. Our competitors got all our data.
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@amritxyz
Amrit Singh
4 years
Behind every successful Indian American founder is a Drake album
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@amritxyz
Amrit Singh
3 years
Was interviewing an "IIT grad" this evening. Turns out it was just a certificate course, but they made sure to have 'IIT Delhi' plastered all over their resume. Ended the call in 5 minutes. Don't do this.
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@amritxyz
Amrit Singh
2 years
The most talented folks I’ve met usually get multiple, well-paid job offers. They know they can earn. What tips the scales is when they get to work on meaningful problems and be proud of their work.
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@amritxyz
Amrit Singh
4 years
My girlfriend just asked me if I know who Naval Ravikant is AMA
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@amritxyz
Amrit Singh
3 years
When I'm interviewing people I start with "tell me about yourself". American interviewees typically jump into their work experience, but Indians start by describing their family.
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@amritxyz
Amrit Singh
3 years
Hired 30 people in under 30 days. Where’s my award @Forbes
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@amritxyz
Amrit Singh
3 years
Noticing something interesting in the current YC batch US startups: - note taking app - collaboration tools - space International startups: - chronic care management - banking infrastructure - logistics network
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@amritxyz
Amrit Singh
3 years
My startup friendly are wealthy on paper, my crypto friends are just wealthy
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@amritxyz
Amrit Singh
2 years
I see so many <18 kids from India active on Twitter building their own startups. I see almost none from the US.
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@amritxyz
Amrit Singh
5 years
Officially leaving VC to build something of my own. I’ll share more soon. 💪🏽
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@amritxyz
Amrit Singh
3 years
Only founders based in India*
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@amritxyz
Amrit Singh
2 years
Well-known startups that only raised venture funding a single time: - Zapier - Clearbit - CB Insights - Trello What am I missing?
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@amritxyz
Amrit Singh
5 years
Venture fund concept -- August Ventures, the only fund that invests in the month of August
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@amritxyz
Amrit Singh
3 years
Imagine your uncle giving his life savings to your 20-something cousin who works as a PM at a FAANG and has promised to deploy capital in high growth startups as a "part-time VC". People will get burnt.
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@amritxyz
Amrit Singh
3 years
Proud to say I know some real hustlers. Guys who dropped out, couldn't get jobs in big tech or blue-chip venture funds, and had a tough couple years. Now they're running their own startups or venture firms or hedge funds. It's a nice reminder that Hustle trumps everything else.
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@amritxyz
Amrit Singh
1 year
TSMC also has no moat. It’s just a wrapper on the laws of physics.
@jamesjyu
james yu
1 year
Apple has no moat. It’s just a wrapper on TSMC.
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@amritxyz
Amrit Singh
2 years
Aside from the issue of principles, this hasn't affected us in the least. Loop grew 15x over last year and we'll do it again and again and again.
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@amritxyz
Amrit Singh
6 years
@jameshamblin “Here, where you at” = one block away, running towards building
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@amritxyz
Amrit Singh
3 years
At this point, I've interviewed 750+ people for many roles across Loop. The worst candidates always come from consulting backgrounds.
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@amritxyz
Amrit Singh
4 years
Amrit's Rule of Hiring #2 'Certificates' from Harvard, Stanford etc. are negative signals
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@amritxyz
Amrit Singh
4 years
Big personal announcement: I'm joining Loop Health (YC W20) as CRO. We're bringing value-based care to India, starting with a network of asset-light primary care clinics. 🏥
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@amritxyz
Amrit Singh
2 years
This isn't a "woe is me" story. It's about trusting your gut. VCs in markets with less capital (and therefore those with more leverage) will not be as founder-friendly
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@amritxyz
Amrit Singh
3 years
When I decided to move to India earlier this year to build @loophealthhq , most of my family in the US and in India were shocked. Like many migrants, my dad left India in 1986 and came to America to chase opportunity. Not even 1 generation later, I went back. Thread. 👇
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@amritxyz
Amrit Singh
3 years
We’re waiting to meet the Mayor of Pune to chat about the city’s crypto agenda. This is the 🌴*Miami of India*🌴
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@amritxyz
Amrit Singh
5 years
Met two VCs this week. 🧞‍♂️One told me his small fund <$75m is more aligned with founders because his check size won’t overcapitalize the biz. 🧞‍♀️Other told me her big fund >$1B is more aligned because of ability to participate in follow ons. 🤷🏾‍♂️
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@amritxyz
Amrit Singh
4 years
For many reasons, Indian Americans have opted to stay quiet during this time. Don’t forget that we are here because the civil rights movement in the 50s and 60s led to open immigration policies. They continue to fight on our behalf today. We ride the racial equality they create
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@amritxyz
Amrit Singh
3 years
In March 2020 we were wrapping up YC. We started fundraising on a Monday and closed our $2m round by that Friday (cash wired, in the bank). It was a whole week before Demo Day. If you're a founder in the current batch, DM me and I'll share our playbook.
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@amritxyz
Amrit Singh
4 years
This is a savage way to intro someone, but damnit I respect it. cc @nikillinit
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@amritxyz
Amrit Singh
2 years
Completed my 10th Angel investment. 50% came through Twitter. ⚡️ If you’re building in India, DMs are open.
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@amritxyz
Amrit Singh
5 years
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@amritxyz
Amrit Singh
1 year
@geoff_l Don’t worry, you look like you work hard Geoff
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@amritxyz
Amrit Singh
2 years
From one of our major investors- "Your competitors have a terrible business model and yet they are so loud online. You guys have an incredible business model, but you never talk about it." Yes. that's right. 🤫
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@amritxyz
Amrit Singh
3 years
Im hiring a generalist to work with me in the Founders Office at Loop. DM me if you are good with numbers and like to move fast.
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@amritxyz
Amrit Singh
4 years
Higher education is an insurance product
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@amritxyz
Amrit Singh
5 years
This team pic is from a 10-person startup... look at the roles
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@amritxyz
Amrit Singh
5 years
@TurnerNovak actually, if you look closely...
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@amritxyz
Amrit Singh
7 months
We have now crossed 600,000 lives insured at Loop. That's more than Oscar Health when it went public in 2021 🤯
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@amritxyz
Amrit Singh
4 years
At Loop we’ve interviewed over 200+ candidates for a Growth Sales role. We’ve hired 0. If you’re an absolutely stellar sales person interested in building a new health system in India, shoot me a DM. Let’s get to work 💪🏥
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@amritxyz
Amrit Singh
3 years
Pune is the Miami of India
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@amritxyz
Amrit Singh
2 years
Would you rather- 1. Get paid your current salary, but do your dream job at your dream company 2. Get paid 2x your current salary to continue working your current job
Option 1
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Option 2
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@amritxyz
Amrit Singh
3 years
Bangalore is failing like Silicon Valley. Pune is the Miami of India 🤙
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@amritxyz
Amrit Singh
3 years
Our medical team @loophealthHQ is 120% utilized with all the requests for consults, RT-PCRs, and vaccinations coming in this week. If you know a doctor or claims specialist who wants real responsibility at a fast growing startup, DM me. We're hiring 5 more people this month.
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@amritxyz
Amrit Singh
3 years
@roshanpateI Moved to just having northstar metrics and then running regular project sprints
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@amritxyz
Amrit Singh
4 years
Coffee begins as a tool and quietly becomes a lifestyle.☕️ What else is like this?
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@amritxyz
Amrit Singh
3 years
You can get rich just by following the right people on Twitter.
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@amritxyz
Amrit Singh
4 years
PE shops ruthlessly prioritize EBITDA bc the next shop estimates value on an EBITDA multiple. VC shops ruthlessly prioritize growth bc the next shop estimates value based on top line. “The medium is the message”. The capital is the strategy.
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@amritxyz
Amrit Singh
3 years
Why I love LinkedIn
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@amritxyz
Amrit Singh
9 months
Just 3 years ago, no one knew about Loop. Our first event had just 12 attendees in a small cafe. Now we're able to fill ballrooms with prospects and customers who share in the excitement of what we're building.
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@amritxyz
Amrit Singh
7 months
It took us 18 months to build the largest B2B account and contact list in India. No joke, we've sent our list to lead vendors and they are shocked we've been able to accumulate more leads than them. If you're a founder and need help doing B2B prospecting, DM me.
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@amritxyz
Amrit Singh
1 year
Proud to work alongside such an excellent team. 5x Growth YoY and much more to come 💪🔥
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@amritxyz
Amrit Singh
4 years
Actual clip of a YC team selling their first enterprise deal
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@amritxyz
Amrit Singh
2 years
The deeper I get into building Loop, the more I realize there are no hacks. Ignore the thread guys and think bois and go do something really difficult.
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@amritxyz
Amrit Singh
1 year
I am proud to share that in 2022, Loop grew by 5x We acquired more customers and raised more capital than any other competitor in the health benefits space in India. And unlike others, we have been fortunate to avoid layoffs. If you are looking to join the ride, apply👇
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@amritxyz
Amrit Singh
2 years
Nothing to plug. Just a reminder to call your mom or dad.
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@amritxyz
Amrit Singh
5 years
Waiting for some idiot to bring pyramid marketing to venture capital 1. You pay $500 in dues to be an analyst 2. You get 10% carry in any deal you bring in 3. You can hire other analysts to source deals under you 3. You get 10% carry the deals your analysts source
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@amritxyz
Amrit Singh
5 years
Who will build the next AARP? $980m annual rev in licensing fees to use the AARP name on a senior-oriented product 😳 $100m annually for ad-placements in magazine 🤪
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@amritxyz
Amrit Singh
4 years
Every few months I get to make a bunch of new friends via @beondeck and they are all more accomplished than me. What an amazing community. Thank you @eriktorenberg @julianweisser @david__booth 🙌🏾
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@amritxyz
Amrit Singh
4 years
@theashbhat I shouted “I AM NAVAL RAVIKANT” then quickly left the room
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@amritxyz
Amrit Singh
5 years
New slack group for teams building in eldercare and aging tech 👴👵
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@amritxyz
Amrit Singh
3 years
The team at @loophealthHQ is getting bigger. New office coming soon!
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@amritxyz
Amrit Singh
3 years
I'm convinced that remote work doesn't work for startups.
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@amritxyz
Amrit Singh
2 years
We've grown to 200 employees at Loop in just 12 months. Here are 3 tactical things I've learned about hiring at scale. 📈 1/4
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@amritxyz
Amrit Singh
2 years
Come help us build a healthcare system from scratch. Our mission is to insure 10 million 🇮🇳 families by 2025 and provide them amazing healthcare. We’re at
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@amritxyz
Amrit Singh
4 years
“I’m not in the mood to praise Jeff Bezos today”- my gf on a call last night
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@amritxyz
Amrit Singh
4 years
How workaholics are created: A person (usually at a young age) holds their happiness for ransom until a task is achieved. Eventually they forget it was a system they’d created themselves, and get lost in infinite productivity/reward loops. Not saying this is good or bad.
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@amritxyz
Amrit Singh
2 years
All startup advice can be boiled down to: just work hard for a long time
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@amritxyz
Amrit Singh
2 years
Our office pup, Poppins. Shot by @shami
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@amritxyz
Amrit Singh
2 years
I am so proud of our team. This is a great moment. 🥳 Thanks to @vkhosla @htaneja @KhandujaM for believing in us and helping us take on this crazy mission.
@loophealthHQ
Loop
2 years
It's official. 🚨 We've raised a Series B to accelerate our mission of bringing better healthcare and insurance to families across India. You can read more here 👇
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@amritxyz
Amrit Singh
3 years
If you're an Indian-American 🇺🇸 person thinking about starting a company, I'd like to suggest something. Move to India. 🇮🇳 Yes, it's actually an option, and a possibly a really good one.
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@amritxyz
Amrit Singh
5 years
New post-- My thoughts on Cameo's $300m valuation and where they'll go from here 🤳🏾🤟🥳
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@amritxyz
Amrit Singh
5 years
I'm 24 today, but sure, let's all just talk about this company that sells office space with nice furniture.
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@amritxyz
Amrit Singh
3 years
I have interviewed hundreds of sales people now, and the worst candidates come from WhiteHat Jr. It's pretty clear they have a terrible sales culture internally and shapes how these people show up in the world.
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@amritxyz
Amrit Singh
4 years
Does something akin to Superhuman for Salesforce exist?
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@amritxyz
Amrit Singh
4 years
I'd pay to see a documentary following a handful of YC teams on their journey over 5 years.
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@amritxyz
Amrit Singh
4 years
I think the associate <> partner power dynamic can be leveled a bit if the associate has enough twitter followers.
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@amritxyz
Amrit Singh
2 years
“Capitalism is failing us" Sent from Twitter for iOS while sipping a Starbucks coffee.
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@amritxyz
Amrit Singh
3 years
I see this photo atleast once a day
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@amritxyz
Amrit Singh
2 years
One thing about alcohol people don’t realize- Consumption is *linearly* correlated to reduction in the brain’s grey matter. Even moderate drinking destroys your brain.
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@amritxyz
Amrit Singh
2 years
Founders only "build in public" when brand is their main competitive advantage. Otherwise, why give away hard-earned secrets?
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@amritxyz
Amrit Singh
4 years
Before joining Loop Health, I spent an entire year running different experiments and testing ideas. Over that time, I built a framework to help me choose which opportunities to pursue. I'm thinking about open-sourcing this 'Game Selection Framework'. DM me and I'll share. 📥
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@amritxyz
Amrit Singh
4 years
Turns out there are many smart people working on this. I believe there are a few novel distribution hacks that have not been exploited yet. Reach out if you want to chat!
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@amritxyz
Amrit Singh
4 years
I am increasingly irritated with Medium. Substack is solving for a different job altogether. I think I'm going to set up and manage my own blog.
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@amritxyz
Amrit Singh
3 years
It's been really fun living in India, but sometimes the financial disparity is sickening. What's worse is the things we tell ourselves to justify it all.
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@amritxyz
Amrit Singh
2 years
Loop featured on the @beondeck Global All-Hands! cc @ErikaBatista
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@amritxyz
Amrit Singh
1 year
It's hard to wrap my mind around the scale of this problem
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@amritxyz
Amrit Singh
2 years
Plaid interacts with 40% of all US bank account holders 🤯
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