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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":[],"wearingBadges":[],"fanSize":8,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"title":"","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，只要你知道去哪里找，管理公司费用就是一项利润丰厚的业务。</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 首席执行官大卫·巴雷特 (David Barrett) 告诉雅虎财经直播（上图视频）。“这是业内最差、最小、关闭最慢、利润率最低的部分，大家都在争夺。”</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>Expensify (EXFY) 开始公开交易后，该公司股价周三上涨超过 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——而是专注于中小企业领域，那里有“轻松赚钱”。</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“我们在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>他补充说，中小企业领域的大多数客户“从未听说过 Concur，从未听说过任何竞争对手”，“所以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，该公司已经“处理和自动化”1.1。自 2008 年成立以来，其平台上已完成数十亿笔费用交易。</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，该公司报告收入为 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 在超越费用报告的增长计划中也无视传统商业模式。</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病毒式平台，通过口碑增长，并能吸引目前正在进行这些金融对话的约十亿人。</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>“他补充说：”无论谁能通过财务对话将十亿人联系起来，这都是一笔价值万亿美元的生意。“这就是我们的目标，而传统的商业模式是无法实现的。”</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，只要你知道去哪里找，管理公司费用就是一项利润丰厚的业务。</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 首席执行官大卫·巴雷特 (David Barrett) 告诉雅虎财经直播（上图视频）。“这是业内最差、最小、关闭最慢、利润率最低的部分，大家都在争夺。”</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>Expensify (EXFY) 开始公开交易后，该公司股价周三上涨超过 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——而是专注于中小企业领域，那里有“轻松赚钱”。</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“我们在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>他补充说，中小企业领域的大多数客户“从未听说过 Concur，从未听说过任何竞争对手”，“所以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，该公司已经“处理和自动化”1.1。自 2008 年成立以来，其平台上已完成数十亿笔费用交易。</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，该公司报告收入为 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 在超越费用报告的增长计划中也无视传统商业模式。</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病毒式平台，通过口碑增长，并能吸引目前正在进行这些金融对话的约十亿人。</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>“他补充说：”无论谁能通过财务对话将十亿人联系起来，这都是一笔价值万亿美元的生意。“这就是我们的目标，而传统的商业模式是无法实现的。”</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":2847,"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"}