David Rosenthal: belief

Transcript context

…As Dave puts it in Electronic Value Exchange, there is a socio-technical aspect to this company. We've talked about the socio but not the technical. Something that is also true and also, I think, really underappreciated about Visa is it's also a technology company. There is a whole technology story in parallel with this too that enabled the Visa we know today to Dee's question of where is Visa headquartered and nobody knowing that. It's headquartered in the Bay Area. It's a Silicon Valley company. It was started in the same place in time as Intel, Atari, Apple. The only thing that is different about it versus those other companies is it wasn't funded by venture capital, and it does didn't make anybody rich except the banks who owned it and thus, were already rich. But there's an incredible technology story. Great point. Okay, David, what is Visa's technical infrastructure look like? And how did this come to be?…

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