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AI Summary
- Zach Perret and William Hockey's Plaid persevered through austere early days, rejection from roughly 100 VCs, and multiple pivots to eventually become a $13.4 billion fintech juggernaut
- Plaid revolutionized how financial data moves through the internet and developed the concept of 'lighthouse customers' like Robinhood, Coinbase, and Venmo
- Key lesson: every day a startup survives, it gets another chance to find greatness, emphasizing persistence over initial success