about this episode
Kabbage Co-founder & CEO Rob Frohwein disrupts business financing by using real-time data to grant capital in minutes, shares insights on founder stress, the future of financing & building a billon-dollar company that helps other startups scale
0:46 – Jason talks about the podcast and introduces Rob Frohwein (Co-founder & CEO of Kabbage).
3:22 – Rob talks about founding Kabbage, the inspiration for it, and how it works for small businesses looking to get a loan.
12:03 – The difference between Kabbage and banks like Bank of America, loan turnaround time, and thoughts on crowdfunding.
25:55 – Raising money with Softbank, avoiding distractions after raising, and thoughts on staying private vs. going public.
35:20 – Taking money from and supporting countries where there are many human rights violations like Saudi Arabia and China.
42:03 – Jason and Rob talk about product extension for Kabbage and the importance of permission from customers to launch another product/service.
46:14 – The two discuss Kabbage’s recent survey revealing harsh realities on the impact of cash flow, and thoughts on crypto and distributed ledger technology.
51:42 – Conversation around the climate in America today and the country’s future concerning entrepreneurship.