In defending herself and her business, Kennedy returns to the idea that seeking help with parenting—and paying for it—is not all that different from pursuing coaching of other kinds. “I’ve never heard anyone say that executive coaches make CEOs anxious, right? I don’t hear anyone saying money managers make people anxious with their finances, or basketball coaches or sports psychologists make athletes anxious in those fields.”
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Despite its new, bigger headline number, Plaid is still valued at 40% below its $13.4 billion peak in 2021, when ultra-low interest rates drove a massive surge in fintech valuations.