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2021-11-11

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Expensify has 'a completely different business model than all of our competition,' CEO says<blockquote>首席执行官表示，Expensify拥有“与我们所有竞争对手完全不同的商业模式”</blockquote>

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{"i18n":{"language":"zh_CN"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":870702078,"tweetId":"870702078","gmtCreate":1636644985823,"gmtModify":1636645528139,"author":{"id":3575040910386797,"idStr":"3575040910386797","authorId":3575040910386797,"authorIdStr":"3575040910386797","name":"trollololol","avatar":"https://static.tigerbbs.com/bb3709f9470a5163c6c7031ab692e8c9","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":8,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body>Like and commetn</body></html>","htmlText":"<html><head></head><body>Like and commetn</body></html>","text":"Like and commetn","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/870702078","repostId":1174571976,"repostType":4,"repost":{"id":"1174571976","kind":"news","pubTimestamp":1636640535,"share":"https://www.laohu8.com/m/news/1174571976?lang=zh_CN&edition=full","pubTime":"2021-11-11 22:22","market":"us","language":"en","title":"Expensify has 'a completely different business model than all of our competition,' CEO says<blockquote>首席执行官表示，Expensify拥有“与我们所有竞争对手完全不同的商业模式”</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1174571976","media":"finance.yahoo","summary":"Managing expenses for companies is a highly profitable business as long as you know where to look, s","content":"Managing expenses for companies is a highly profitable business as long as you know where to look, says one chief executive.<blockquote>一位首席执行官表示，只要你知道去哪里寻找，为公司管理费用是一项高利润的业务。</blockquote> \"This is the secret... don't tell anyone, but the enterprise [business] sucks,\" Expensify CEO David Barrett told Yahoo Finance Live (video above). \"It is the worst, smallest, slowest to close, lowest margin part of the industry, and everyone is fighting over it.\"<blockquote>“这是秘密……不要告诉任何人，但企业[业务]很糟糕，”Expensify首席执行官David Barrett告诉雅虎财经直播（上面的视频）。“它是行业中最糟糕、最小、关闭最慢、利润率最低的部分，每个人都在为此而战。”</blockquote> And so “we just have a completely different business model than all of our competition,” Barrett added.<blockquote>因此，“我们的商业模式与所有竞争对手完全不同，”巴雷特补充道。</blockquote> Shares of Expensify (EXFY) rose by over 45% on Wednesday after the company began trading publicly. Competitors include SAP Concur, QuickBooks Enterprise (INTU), Zoho Expense, and FreshBooks.<blockquote>周三，Expensify(EXFY)开始公开交易后，该公司股价上涨超过45%。竞争对手包括SAP Concur、QuickBooks Enterprise(INTU)、Zoho Expense和FreshBooks.</blockquote> The Portland, Oregon-based company automates expense reporting by allowing customers to scan and be reimbursed for business expenses such as flights, hotels, and meals.<blockquote>这家总部位于俄勒冈州波特兰市的公司通过允许客户扫描并报销航班、酒店和餐饮等业务费用来实现费用报告的自动化。</blockquote> <img src=\"https://static.tigerbbs.com/d349915c6fbc5eb84aa1645e39b89fdf\" tg-width=\"705\" tg-height=\"470\" width=\"100%\" height=\"auto\">Expensify's office building in downtown Portland. (Getty Images)Expensify CEO on chasing the 'easy money'<blockquote>Expensify在波特兰市中心的办公楼。（盖蒂图片社）Expensify首席执行官追逐“轻松赚钱”</blockquote> Instead of chasing the largest companies in America — ones that \"everyone knows who they are\" — Expensify is focusing on the small and medium business sector, where the \"easy money\" is, according to Barrett.<blockquote>巴雷特表示，Expensify没有追逐美国最大的公司——那些“每个人都知道他们是谁”的公司——而是专注于“轻松赚钱”的中小企业领域。</blockquote> \"Yes, we've got a whole bunch of public companies, like the Pinterests, the Atlassians... that use Expensify,\" he explained, but \"we earn over three times more revenue per employee in the SMB than you can in the enterprise... because there's basically no competition.\"<blockquote>“是的，我们有一大堆上市公司，比如Pinterests、Atlassians……都使用Expensify，”他解释道，但“我们中小企业的每位员工收入是企业的三倍多……因为基本上没有竞争。”</blockquote> Most customers in the SMB space \"have never heard of Concur, have never heard of any of the competitors,\" he added, \"so it's a completely different business model.\"<blockquote>中小型企业领域的大多数客户“从未听说过Concur，也从未听说过任何竞争对手，”他补充道，“因此这是一种完全不同的商业模式。”</blockquote> According to the&nbsp;company's S-1 filing, the company has \"processed and automated\" 1.1. billion expense transactions on its platforms since its inception in 2008.<blockquote>根据该公司的S-1文件，该公司已“处理和自动化”1.1。自2008年成立以来，其平台上的费用交易已达10亿美元。</blockquote> Expensify reported $65 million in revenue for the six months ending June 30, 2021. It reported revenue of $88.1 million at the end of 2020.<blockquote>Expensify报告截至2021年6月30日的六个月收入为6500万美元。截至2020年底，该公司的收入为8810万美元。</blockquote> Barrett said that Expensify also defies traditional business models in its plans to grow beyond expense reports.<blockquote>巴雷特表示，Expensify在其超越费用报告的增长计划中也挑战了传统的商业模式。</blockquote> “Our design is to create a viral platform that has word-of-mouth growth and can grow to capture the billion or so of people who are currently having these financial conversations offline,” Barrett said.<blockquote>巴雷特说：“我们的设计是创建一个具有口碑增长的病毒式平台，并且可以增长以吸引目前正在线下进行这些金融对话的10亿左右的人。”</blockquote> “Whoever connects a billion people through their financial conversations — that’s a trillion-dollar business,” he added. “And so that’s what we’re gunning for, and you can’t get it through a traditional business model.”<blockquote>“无论谁通过财务对话将10亿人联系起来，这都是一项价值数万亿美元的业务，”他补充道。“这就是我们所追求的，而你无法通过传统的商业模式来实现它。”</blockquote>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nExpensify has 'a completely different business model than all of our competition,' CEO says<blockquote>首席执行官表示，Expensify拥有“与我们所有竞争对手完全不同的商业模式”</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nfinance.yahoo2021-11-11 22:22\n\n</h4>\n</header>\n<article>\nManaging expenses for companies is a highly profitable business as long as you know where to look, says one chief executive.<blockquote>一位首席执行官表示，只要你知道去哪里寻找，为公司管理费用是一项高利润的业务。</blockquote> \"This is the secret... don't tell anyone, but the enterprise [business] sucks,\" Expensify CEO David Barrett told Yahoo Finance Live (video above). \"It is the worst, smallest, slowest to close, lowest margin part of the industry, and everyone is fighting over it.\"<blockquote>“这是秘密……不要告诉任何人，但企业[业务]很糟糕，”Expensify首席执行官David Barrett告诉雅虎财经直播（上面的视频）。“它是行业中最糟糕、最小、关闭最慢、利润率最低的部分，每个人都在为此而战。”</blockquote> And so “we just have a completely different business model than all of our competition,” Barrett added.<blockquote>因此，“我们的商业模式与所有竞争对手完全不同，”巴雷特补充道。</blockquote> Shares of Expensify (EXFY) rose by over 45% on Wednesday after the company began trading publicly. Competitors include SAP Concur, QuickBooks Enterprise (INTU), Zoho Expense, and FreshBooks.<blockquote>周三，Expensify(EXFY)开始公开交易后，该公司股价上涨超过45%。竞争对手包括SAP Concur、QuickBooks Enterprise(INTU)、Zoho Expense和FreshBooks.</blockquote> The Portland, Oregon-based company automates expense reporting by allowing customers to scan and be reimbursed for business expenses such as flights, hotels, and meals.<blockquote>这家总部位于俄勒冈州波特兰市的公司通过允许客户扫描并报销航班、酒店和餐饮等业务费用来实现费用报告的自动化。</blockquote> <img src=\"https://static.tigerbbs.com/d349915c6fbc5eb84aa1645e39b89fdf\" tg-width=\"705\" tg-height=\"470\" width=\"100%\" height=\"auto\">Expensify's office building in downtown Portland. (Getty Images)Expensify CEO on chasing the 'easy money'<blockquote>Expensify在波特兰市中心的办公楼。（盖蒂图片社）Expensify首席执行官追逐“轻松赚钱”</blockquote> Instead of chasing the largest companies in America — ones that \"everyone knows who they are\" — Expensify is focusing on the small and medium business sector, where the \"easy money\" is, according to Barrett.<blockquote>巴雷特表示，Expensify没有追逐美国最大的公司——那些“每个人都知道他们是谁”的公司——而是专注于“轻松赚钱”的中小企业领域。</blockquote> \"Yes, we've got a whole bunch of public companies, like the Pinterests, the Atlassians... that use Expensify,\" he explained, but \"we earn over three times more revenue per employee in the SMB than you can in the enterprise... because there's basically no competition.\"<blockquote>“是的，我们有一大堆上市公司，比如Pinterests、Atlassians……都使用Expensify，”他解释道，但“我们中小企业的每位员工收入是企业的三倍多……因为基本上没有竞争。”</blockquote> Most customers in the SMB space \"have never heard of Concur, have never heard of any of the competitors,\" he added, \"so it's a completely different business model.\"<blockquote>中小型企业领域的大多数客户“从未听说过Concur，也从未听说过任何竞争对手，”他补充道，“因此这是一种完全不同的商业模式。”</blockquote> According to the&nbsp;company's S-1 filing, the company has \"processed and automated\" 1.1. billion expense transactions on its platforms since its inception in 2008.<blockquote>根据该公司的S-1文件，该公司已“处理和自动化”1.1。自2008年成立以来，其平台上的费用交易已达10亿美元。</blockquote> Expensify reported $65 million in revenue for the six months ending June 30, 2021. It reported revenue of $88.1 million at the end of 2020.<blockquote>Expensify报告截至2021年6月30日的六个月收入为6500万美元。截至2020年底，该公司的收入为8810万美元。</blockquote> Barrett said that Expensify also defies traditional business models in its plans to grow beyond expense reports.<blockquote>巴雷特表示，Expensify在其超越费用报告的增长计划中也挑战了传统的商业模式。</blockquote> “Our design is to create a viral platform that has word-of-mouth growth and can grow to capture the billion or so of people who are currently having these financial conversations offline,” Barrett said.<blockquote>巴雷特说：“我们的设计是创建一个具有口碑增长的病毒式平台，并且可以增长以吸引目前正在线下进行这些金融对话的10亿左右的人。”</blockquote> “Whoever connects a billion people through their financial conversations — that’s a trillion-dollar business,” he added. “And so that’s what we’re gunning for, and you can’t get it through a traditional business model.”<blockquote>“无论谁通过财务对话将10亿人联系起来，这都是一项价值数万亿美元的业务，”他补充道。“这就是我们所追求的，而你无法通过传统的商业模式来实现它。”</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://finance.yahoo.com/news/expensify-different-business-model-ceo-says-132622012.html\">finance.yahoo</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"EXFY":"Expensify"},"source_url":"https://finance.yahoo.com/news/expensify-different-business-model-ceo-says-132622012.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174571976","content_text":"Managing expenses for companies is a highly profitable business as long as you know where to look, says one chief executive.\n\"This is the secret... don't tell anyone, but the enterprise [business] sucks,\" Expensify CEO David Barrett told Yahoo Finance Live (video above). \"It is the worst, smallest, slowest to close, lowest margin part of the industry, and everyone is fighting over it.\"\nAnd so “we just have a completely different business model than all of our competition,” Barrett added.\nShares of Expensify (EXFY) rose by over 45% on Wednesday after the company began trading publicly. Competitors include SAP Concur, QuickBooks Enterprise (INTU), Zoho Expense, and FreshBooks.\nThe Portland, Oregon-based company automates expense reporting by allowing customers to scan and be reimbursed for business expenses such as flights, hotels, and meals.\nExpensify's office building in downtown Portland. (Getty Images)Expensify CEO on chasing the 'easy money'\nInstead of chasing the largest companies in America — ones that \"everyone knows who they are\" — Expensify is focusing on the small and medium business sector, where the \"easy money\" is, according to Barrett.\n\"Yes, we've got a whole bunch of public companies, like the Pinterests, the Atlassians... that use Expensify,\" he explained, but \"we earn over three times more revenue per employee in the SMB than you can in the enterprise... because there's basically no competition.\"\nMost customers in the SMB space \"have never heard of Concur, have never heard of any of the competitors,\" he added, \"so it's a completely different business model.\"\nAccording to the company's S-1 filing, the company has \"processed and automated\" 1.1. billion expense transactions on its platforms since its inception in 2008.\nExpensify reported $65 million in revenue for the six months ending June 30, 2021. It reported revenue of $88.1 million at the end of 2020.\nBarrett said that Expensify also defies traditional business models in its plans to grow beyond expense reports.\n“Our design is to create a viral platform that has word-of-mouth growth and can grow to capture the billion or so of people who are currently having these financial conversations offline,” Barrett said.\n“Whoever connects a billion people through their financial conversations — that’s a trillion-dollar business,” he added. “And so that’s what we’re gunning for, and you can’t get it through a traditional business model.”","news_type":1,"symbols_score_info":{"EXFY":0.9}},"isVote":1,"tweetType":1,"viewCount":1929,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":14,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/870702078"}