Blend Labs, Inc. (NYSE:BLND) Q3 2023 Earnings Call Transcript

Nikhil Vijay: Yes.

Amir Jafari: Yes. I think to expand on what Nima said there’s a balance for us. Remember as we go into new products and new strategies not everything can actually follow a perfectly transaction-based approach. And this is part of the diversification that we rolled out in potentially. So for us again, we have not given specific guidance to mix as an example. But what we’ve shared consistent with our Investor Day is that there will be diversification. By the way, you’re seeing this play out in our RPO stance and you’ll continue to see it, because as you think about consumption versus in essence the reoccurring models. It’s high to not just platform but our ability to drive different in essence unit economic monetization tied to new product initiatives. And you’ll see that continue to play out in the near future.

Nikhil Vijay: Understood. Thanks for clarifying.

Bryan Michaleski: As a reminder, please raise your hand if you have a question for the call. Seeing no further questions, that concludes today’s call.