Commercial Real Estate Pro Network

BIGGEST RISK with Pete Neubig


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J Darrin Gross

If you're willing, I'd like to ask you. Pete Neubig, what is the BIGGEST RISK?

Pete Neubig

So the biggest risk for VPM, well, I would say for us, the biggest risk is, at the end of the day, we're a payment processor, okay? You know, even though we have all these whistles and bells where you have this marketplace and you have these searches and you have this training, you have this video, if I can't pay people, I'm out of business. And so my biggest risk is that we are connected to stripe, and if stripe decides to cancel or go belly up. You know that I cannot process payroll. So to me, that's my biggest risk. So I do what I can to make sure that my relationship with stripe is good. And you know the challenge with having a payment processor, it's not normal to have two of them, and so we don't have to payment process. That's my biggest risk.

https://www.vpmsolutions.com/

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