John Collison: evaluation

Transcript context

…I think one of the most rewarding things about building for small businesses is that you are able to build these real relationships with people who are entrusting you with their numbers and their future. And what can we do when we are translating just not just in the individual context of a single-player world, but the multiplayer world is communities. And I’ve just been thinking a lot about that, which is, what does rural resilience mean? What does economic resilience mean for a lot of people? What does rural resilience mean? I think there’s a general view that the economics of US agriculture are really hard and it’s challenged from a labor point of view. There’s all these different challenges and so maybe you can talk about the landscape and that rural resilience. I think rural flight, which is the opposite of rural resilience, which is what you’re seeing in a lot of places. You’re just seeing a brain drain from a lot of rural communities around the world [that] does impact local communities. But I think the thing that is usually underdiscussed is how it impacts national or global communities as well. But when it comes to rural resilience, what I mean is when you have nodes of family businesses that can sustain multiple generations of passing down the business, for example, or people want to stay in the local communities, basically. And I think that is something that we’re really interested in and we have seen work well for some of our customers. They’re actually able to make the succession planning work. They’re able to build a business that can be passed down through multiple generations.…

Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.