Plaid Acquired by Visa for $5.3 Billion

When we started Homebrew in early 2013, we believed that software was going to enable and democratize access to a next generation of financial services products. But you know what an investor’s “beliefs” are worth? Zero. Unless that investor is fortunate enough to find entrepreneurs who are generating the actual insights, coding the actual products and building the actual team. Thankfully, we got introduced to Plaid cofounders Will Hockey and Zach Perret early on. We squeezed into their seed round and wrote this post. Now six and a half years later, Zach got to write this post. We're thrilled for the Plaid team and have no doubt they're going to continue to have a huge impact on the industry as part of Visa.