Perhaps⦠My Silicon Valley friends tell me that āSimple Bankā, once considered an innovative challenger, has stagnated since they were acquired by BBVA. Anecdotal, but Iāve heard that from multiple people.
I mean, for some companies itās probably the way to go. For us, Tom has said on multiple occasions that selling out would be a sign that you are unable to achieve your vision, and I agree with that. It would feel a bit like giving up. I actually discussed it in my job interview - and said Iād have far less interest in the company if I felt being acquired was a more likely outcome than an IPO!
Comparing Atom and Monzo makes absolutely no sense, and how can they have Starling in there when they are litteraly writing that they have no idea of figures for themā¦
Itās basically, we think these are the best, based on our opinion