In 2019, William Hockey, the cofounder of fintech business Plaid, announced that he would step down from his position as Plaid’s chief technology officer and president. Having helped to grow Plaid into a multi-billion-dollar business with fellow cofounder Zach Perret, Hockney left for other pursuits and to — as he put it in a June 2019 tweet — make room for more “great leaders.” Hockey has kept a low profile since, maintaining a seat on Plaid’s board as the company, now valued at $13.4 billion, builds out its global finance network.
Link: Plaid cofounder’s next venture: A bank to power fintech apps – TechCrunch
via techcrunch.com