Jason Wilk

Dave CEO, Jason Wilk: The Best Performing Fund Would Only Back YC Founders on Their Second Time

Dave, Jason Wilk, Harry Stebbings

Dave CEO Jason Goldman details how the fintech firm reversed a 98% market capitalization decline to reach $1.13 billion by leveraging AI-driven underwriting to slash credit loss rates and achieve significant profitability without layoffs. The company utilizes cashflow-based analysis across 12 million accounts to offer low-cost credit alternatives to legacy overdraft fees, projecting continued expansion into buy now, pay later and longer-duration lending. Goldman argues that the firm's capital efficiency and removal of traditional debt structures position it to disrupt the $3 trillion credit card market, though he cautions against regulatory overreach that could stifle consumer access to fair lending.