Ramp founder Eric Glyman on the many ways AI is changing corporate spending
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Show Notes
Eric Glyman is the cofounder and CEO of Ramp, the finance automation platform that now powers over 2% of all corporate spend in the US. He sits down with John and co-host Alex Rampell to discuss how Ramp scaled to over $1 billion in revenue in just seven years, and why the future of fintech is "selling time, not money." They cover the "SaaS apocalypse" (and why lines of code are becoming a liability), how Ramp uses AI agents to review 100,000 expenses a day with 99% accuracy, and why their internal data suggests the US economy is much stronger than the Census Bureau reports.
Timestamps
(00:00:21) Ramp business today
(00:04:27) The *correct* expense policy
(00:11:07) Bill Pay
(00:16:52) AI and software
(00:32:23) Stablecoin-backed cards
(00:33:06) Ramp data
(00:36:25) How to cut your expenses
(00:41:13) Ramp strategy
(00:57:08) Capital One
(01:06:34) Treasury