President & Chief Strategy Officer, Shift4 Payments
Search every verified David Lauber interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. David Lauber, President and Chief Strategy Officer at Shift4 Payments, discussed the company's growth and consumer trends in a September 2023 interview. He stated that Shift4's guidance, which included 40% year-over-year volume growth at the low end, accounted for a possible mild recession, but added that based on data, "things are still good" and "consumers are healthy and spending." Lauber noted that Shift4 historically focused on in-person experiences like restaurants and hotels, and in the past year and a half expanded into travel, leisure, and gaming, leading to a partnership with PayPal. He described international expansion, including into Europe, Canada, and the Caribbean, as a key part of the company's next evolution. Lauber also commented on the space economy, identifying himself as a space enthusiast who had been in orbit. He expressed excitement about possibilities in low-earth orbit and beyond, including new energy sources and a future space economy. However, he noted that the shift from a zero-risk capital environment in 2020 to higher Treasury rates made "moon shot bets" more difficult, and predicted a "correction" that would thin out the landscape of space companies.
“At the low end of our guide, which still represents 40% year over year volume growth, that takes into account a possible mild recession. From all the data we're seeing, things are still good. Consumers are healthy and spending but we put out guidance to cover a range of possibilities from recession to things as usual.”
“Throughout our 24-year history, you would find Shift4 in restaurants, hotels, stadiums, basically a lot of in-person experiences where you don't see a lot of PayPal or alternative payment methods. In the last year and a half we've moved into travel and leisure, gaming, what we call sexy commerce customers all over the...”
“Europe is a key part of that. It allows us to serve the EU, Israel, parts of Eastern Europe, Hong Kong. But this is just one piece of the puzzle. We're organically expanding into Canada, the Caribbean, looking at inorganic opportunities that will take us to other continents as well. We're focusing on the critical mass....”
“As a space enthusiast, I want to see investments across the spectrum. Having been in orbit for a couple days, I'm excited about the possibilities of what exists in low-earth orbit and beyond. It's exciting. Maybe new forms of energy source. There will be a space economy.”
Jared Isaacman, Shift4 CEO, joins 'Closing Bell: Overtime' to discuss company earnings, consumer trends, Shift's partnership with ...
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