Is Plaid overvalued?

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akshaka

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akshaka
Mar 31 26 Comments

Plaid is doing a great SaaS business. I can see it would enjoy a 30x revenue valuation. Hardly see any competitors.

Some risk: (1) US GDPR, likely sponsored by credit companies, (2) real-time ACH settlement (3) data breach event (4) fintech sector melt down in past quarter

I personally feel a bit unhappy that they get to know my bank transactions history. That is considered the most private info to me. But plaid has created a portal to manage access.

What do you think Plaid’s risk are?

When would an IPO be? And market cap?

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