Jason Kupferberg

“I just wanted to come back on the point you were making around the Middle East headwind. I think you said it worsened a little bit on the direct side, but it was in line on the indirect side.”

“Appreciate all the color on the mix shift from ASO to PEO. Understand why that's positive. But just looking at the total revenue growth guide for the year, I know we're unchanged at 5% to 6%.”

“So I wanted to hone in on the theme of moving up market. We've seen that playing out for a while now. And I was hoping you could talk about what the average asset size of the 58 new wins in fiscal 26 looked like versus fiscal 25.”

“So I just want to come back on the full year GMV guide. I guess if we take the midpoint of Q3, it looks like you have to grow GMV about almost 25% quarter over quarter in Q4 to get to the midpoint of the new full year outlook.”

“I feel like that was a big theme in the shareholder letter, and it's the single biggest building block, obviously, in your medium-term guidance.”