Dot-Com Survivor Yodlee Makes E-Banking Pay
When Anil Arora became the chief executive officer of Internet finance startup Yodlee in 2000, data security concerns outweighed the convenience of online money management—and 97 percent of U.S. households lacked broadband connections. Then came the dot-com crash, the Sept. 11 terrorist attacks, and economic hard times that decimated tech startups. In 2008 the financial markets meltdown became Yodlee’s third near-death experience, says Arora, who joined the company from PC maker Gateway. “There were definitely times where we were down to, ‘Are we going to make it through the next couple of months,’ ” he says.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- One of the World’s Hottest Stocks Is Now Tumbling
- This Rare Bear Who Called the Crash Warns Housing Is Too Hot Again
- Recent ‘Odd’ Market Moves May Be a Warning Sign for Stocks
- The Global Economy Is Doing Just Fine, But the Davos Elite Is Worried
- U.S. Stocks, Treasuries Rise as Greenback Weakens: Markets Wrap