Dave Girouard, Co-Founder & CEO at Upstart , believed that young people were "potential rich yet cash poor"—and that dynamic caused them to make poor financial decisions for themselves and the economy as a whole. There had to be a better way to provide people with affordable access to credit, on reasonable terms, when they needed it. Using AI and machine learning provided that new way forward. In this episode, Dave shares how the company came to be and how Upstart provides transformative access to credit for all. We discuss:

• The problem statement for Upstart and the choice to venture into unsecured consumer loans
• The application of AI in the credit process
• The choice to partner with financial institutions
• Adding value in auto, small business, and mortgage loan spaces