Ben Brown Fintech Takes Only one of those is venture backed, fwiw.

Terrible wedge product for VC as it takes 5-6 years and $75-$100M to validate the product works before you know the economics.

Hard to wedge into a market.

It’s easy to discount the marvel that is the USA when you are born a citizen.

The year is 2043. There are thousands of search funds looking to do levered SMB buyouts. The world's last remaining independent HVAC repair company, with a 112-year-old founder who's almost ready to retire, is entertaining bids in a range of 10-20,000x EBITDA.

San Francisco post-mortum.

Tl;dr: Absolute top-tier city if you pretend downtown doesn’t exist.

Literally, just never set your set a feet into the inner-city part and you’re going to have an amazing time.

❌ The bad:
• Downtown (Tenderloin & SoMa) is a zombie wasteland and…

Founders generally sell about 20% at seed, whether on SAFEs or through priced equity.

new @visa dashboard shows that Solana has significantly more stablecoin transactions than any other blockchain

Excited to announce our next major SF Fintech Happy Hour, in partnership with Plaid, Streetbeat, and @Finley_CMS!

Join us after Finovate Spring on Wednesday, May 22nd, to catch up with the Bay Area fintech community.

Tickets are limited 👇

🎟️lu.ma/SF522

“But solar and wind are intermittent”

My brother in Christ look at battery growth

Will this be the year that pay-by-bank finally becomes a thing?

This Week in Fintech 4/26

thisweekinfintech.com/paybybank

Spot on Nik

We've been looking at (early-stage) stablecoin B2B payments in Africa from our blockchain fund.

We're at a critical juncture now where global players like Visa, Stripe, and Paypal are game & domestic fintechs are seeking more crossborder/b2b revs.

Here's some learnings:

/1

Would love to see where Stripe secondaries are trading after Sessions this week

Austin: Let's reduce the minimum lot size to 2k sqf...

NYC: Let's build 20k sqf on top of an existing building with a cantilever..

After 6-year hiatus, Stripe to start taking crypto payments, starting with USDC stablecoin

techcrunch.com/2024/04/25/aft…

🚀The latest from This Week in Fintech Policy Edition:
💼New #stablecoin bill by Senator Cynthia Lummis & Kirsten Gillibrand
🌎More challenges for Worldcoin #AI project
📱EU to greenlight Apple's NFC mobile #payments updates! thisweekinfintech.com/this-week-in-p… #fintech #regulation #policy

The Broker App-pocalypse Is Here

The pandemic was a wild time for brokerage businesses.

But today, many brokerages which were enticed by the allure of payment for order flow (PFOF) are seeing no sunlight.

From Noah Weidner in This Week in Fintech:

thisweekinfintech.com/the-broker-app…

'Banking-as-a-service is dead,' etc. etc.

axios.com/pro/fintech-de…