Who is the CEO of Blend?
Nima Ghamsari
Nima Ghamsari is the CEO and co-founder of Blend, a Silicon Valley technology company transforming the $40+ trillion consumer lending industry.
Who owns Blend?
Blend also revealed that in 2020, its top five customers accounted for 34% of its revenue. Today, TechCrunch spoke with co-founder and CEO Nima Ghamsari about the company’s decision to go with a traditional IPO versus the ubiquitous SPAC or even a direct listing.
What is Blend com do?
Blend makes the process of getting a loan or opening a deposit account simpler, faster, and more secure, helping financial services firms build customer relationships that last a lifetime.
Is Blend profitable?
This is a direct result of the network effect and product adoption. Blend’s Title365 segment had a revenue of $54.5 million and a gross profit of $17.8 million. As of September 30, 2021, the company had cash or cash equivalents of $593.6 million compared to $151.7 million in a year over year period.
How much is Nima ghamsari worth?
The company has raised $385 million in venture capital funding (with its latest round in August), valuing Blend at roughly $1.7 billion….Social handles.
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How many employees does Blend have?
Blend has more than 500 employees, with offices in San Francisco, Los Angeles, and New York.
Is Blend a good company?
Is Blend a good company to work for? Blend has an overall rating of 3.3 out of 5, based on over 154 reviews left anonymously by employees. 55% of employees would recommend working at Blend to a friend and 50% have a positive outlook for the business. This rating has decreased by -18% over the last 12 months.
What type of company is Blend?
Description. Blend Labs, Inc. provides cloud-based software platform solutions for financial services firms in the United States. It operates in two segments, Blend Platform and Title365.
Who are Blend’s competitors?
Blend’s top competitors include MeridianLink, Figure, LendingTree, Maxwell, Cloudvirga, Quicken Loans and Roostify. Blend Labs is a company developing a consumer lending platform. MeridianLink is a company providing loan and mortgage origination software.
Where is Nima ghamsari from?
Iranian
Ghamsari, a 35-year-old Stanford educated Iranian immigrant who was an early employee at Palantir and then co-founded Blend in 2012, is set to receive a “Muskian” $10.9 billion potential payday as part of the company’s looming stock listing.
Who are Blend competitors?
Blend’s competitors Blend’s top competitors include MeridianLink, Figure, LendingTree, Maxwell, Cloudvirga, Quicken Loans and Roostify. Blend Labs is a company developing a consumer lending platform. MeridianLink is a company providing loan and mortgage origination software.
Why is Blend stock down?
Blend Labs (NYSE:BLND) stock skids down 14% after the banking software provider’s Q3 earnings fell short of the consensus. Q3 GAAP loss per share of $0.38, unchanged from the year-ago quarter, came in wider than the $0.11 loss consensus estimate.
How many employees does blend have?
Should I buy blend stock?
There are currently 9 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should “hold” Blend Labs stock.
Is blend stock a buy?
Blend Labs’s analyst rating consensus is a ‘Hold. This is based on the ratings of 7 Wall Streets Analysts.
Should I invest in Blend labs?
Blend Labs, Inc. may be overvalued. Its Value Score of F indicates it would be a bad pick for value investors. The financial health and growth prospects of BLND, demonstrate its potential to underperform the market. It currently has a Growth Score of D.