
Listen to Lex Greensill describe how his company is making finance fairer for all.
00:00:00
Lex Greensill
Let me be honest with you. This is not the clothes that I would want to wear every day. I am actually a farmer.
00:00:15
Lex Greensill
Every chance that I get, I’m on a tractor. Those are my roots, and always will be.
00:00:21
Lex Greensill
I grew up seeing how tough it is for my mum and dad, to get paid for the crops that they grew. The truth is, the plumbing of our global financial system works for big companies and governments, but it doesn't for small businesses. ….what we do is we right that wrong.
00:00:41
Lex Greensill
A great example is how we're changing the way people get paid. Why is it that people get paid once every two weeks or once a month? That's because payroll is expensive and slow to do. But with technology, we can do it every hour of every day. Imagine the impact of that ...the multiplication effect of doing the same thing for millions of businesses. That is what makes me bounce out of bed every morning.
00:01:08
Lex Greensill
AI is a developing space and we're using it as a tool to inform decision making by our business. Our insights to what's happening in the global economy in real time means that we can deliver capital faster, cheaper, and fairer with a greater level of visibility and understanding than anybody else in the world has. And that is going to continue to evolve in the future.
00:01:33
Lex Greensill
We took our first investment very late in the development cycle of our business, and so as a consequence of that, our DNA is that everything that we do must be profitable from day one, and our investment in the growth of our business is about using those profits as opposed to using equity to enable us to grow.
00:01:56
Lex Greensill
For me, one of the great things about joining the SoftBank Vision Fund family hasn't just been the network that capital and the advice it's actually been having Masa as a partner and a mentor. And he has worked with us, and particularly with me, to think about our core business and how we can actually take that core business and tackle other inequalities and other challenges that exist in the global market.
00:02:28
Lex Greensill
I think we have a unique opportunity right now. The tools, the capital, the people, the infrastructure to change the world for good and to build a lasting enterprise.
IMPORTANT INFORMATION
The information contained in the videos posted on this webpage (the “Information”) serves solely informational purposes, and is not and may not be construed as or relied on in any manner, as legal, business, tax, investment, accounting or other advice or as an offer to sell or a solicitation of an offer to buy limited partnership or comparable limited liability equity interests in SoftBank Vision Fund L.P. (together with, as the context may require, any parallel fund, feeder fund, co-investment vehicle or alternative investment vehicle, “SVF I” or the “Vision Fund I”), or SoftBank Vision Fund II-1 L.P. and SoftBank Vision Fund II-2 L.P. (together with, as the context may require, any parallel fund, feeder fund, co-investment vehicle or alternative investment vehicle, “SVF II” or the “Vision Fund II”, and together with the Vision Fund I, the “Funds”), each managed by SB Investment Advisers (UK) Ltd. (the “Manager” or “SBIA”) and its affiliates. The Information is not intended to be relied upon as the basis for any investment decision, and is not, and should not be assumed to be, complete.
None of the Vision Fund I, Vision Fund II, or any successor fund managed by SBIA, SBIA, SoftBank Group Corp. (together with its affiliates, “SoftBank”) or their respective affiliates makes any representation or warranty, express or implied, as to the accuracy or completeness of the Information and nothing contained therein should be relied upon as a promise or representation as to past or future performance of the Vision Fund I, Vision Fund II or any other entity referenced in the Information or future performance of any successor fund managed by SBIA. SBIA, Softbank or any affiliate of the foregoing or any related person shall have no duty or responsibility to provide the visitors to this webpage with any information regarding the business, operations, property, financial and other condition and creditworthiness of any entities, companies or any of their affiliates to the extent they are discussed therein or to update the Information. Visitors to this webpage accept all risks in relying on the Information or any part thereof for any purpose whatsoever.
Statements contained in the Information (including those relating to current and future market conditions and trends in respect thereof) that are not historical facts are based on current expectations, estimates, projections, opinions and/or beliefs of the individuals making the statements. Such statements involve known and unknown risks, uncertainties and other factors, and undue reliance should not be placed thereon. In addition, no representation or warranty is made with respect to the reasonableness of any estimates, forecasts, illustrations, prospects or returns, which should be regarded as illustrative only, or that any profits will be realized. Certain information contained therein constitutes “forward-looking statements” which can be identified by the use of terms such as “may”, “will”, “should”, “expect”, “project”, “estimate”, “intend”, “continue”, “target” or “believe” (or the negatives thereof) or other variations thereon or comparable terminology. Due to various risks and uncertainties, actual events or results or actual performance of any entity referred to therein may differ materially from those reflected or contemplated in such forward-looking statements. As a result, visitors to this webpage should not rely on such forward-looking statements for any reason. Further, any targets stated therein are based on an assumption that economic, market and other conditions will not deteriorate and, in some cases, improve. These projections involve significant elements of subjective judgement. No representation or warranty is made as to future performance or such forward-looking statements.
Your search did not match any results.
Try a different search term or click a popular term below: