Over last 10 years, SoFi has gone from 1 => 10 products. Mastering cross sell is the only way fintechs will actually take on incumbents. this takes time. Despite starting w/ loans, most of SoFi's customers today start w/ - Banking (2M+) - Investing (2M+ - Credit monitoring

Is tech a force for good or does it bring out our worst impulses? Perhaps no fintech topic is as polarizing as Buy-Now-Pay-Later. This was the topic of this week's 99%Tech and the podcast we hosted w/ Vikas Raj to discuss

many Silicon Valley conventional wisdoms, like the stereotypical story of 2 founders in a garage, turn out not to be validated empirically

How To Become The Greatest Venture Capitalist: Lessons From The Masters trib.al/23VbqFr

Why do mgmt fees seem to increase with fund size? Smaller funds outperform and have more demands relative to capital base for team salaries so would have assumed to see opposite Perhaps more premium fees in the larger category is explanation

This. And also hotels that charge destination fees/resort fees etc for wifi/coffee/tea to offer a low room rate and mask true cost

Coming out of the #KFAfricaSummit, the resounding conclusion is that the future of fintech – and by extension, technology more broadly – in #Africa is bright.” In emerging ecosystems around the world, startups create markets rather than disrupt them. They build startups with

Statistic is much higher than I would have assumed: "AI adoption among [US] Mac app users is booming, according to a new report from app subscription service Setapp that found that 42% of Mac users today report using AI-based apps on a daily basis" techcrunch.com/2023/10/16/mac…

5 fintech companies up ~50%+ this month. - Affirm (95% - $11B mkt cap) - OpenDoor (59% - $2B mkt cap) - Block (55% - $38B mkt cap) - Shopify (49% - $94B mkt cap) - Doma (53% - $0.08B mkt cap) We went thru 2 dumb stages in fintech.  - all fintech revenue good (boom) - all fintech

Matt Damon Stars In Super Bowl Commercial Promoting Paper Money theonion.com/matt-damon-sta…

Leo does a great job explaining why VC's want liquidation preferences. But founders/employees want them too! With all the crazy founder-friendly deals of 2021, I never heard of one in the US without a liquidation preference. Why? Liquidation preferences allow the VC bought

This basically seems straight out of Oceans' 11 qz.com/security-firm-…

John Blackthorne is based on a real person. historyextra.com/period/elizabe…

AI Agents have the potential to democratize knowledge work in the same way that SaaS democratized software. And as we've seen in the past couple of decades with software, every time you make a service cheaper and more available, you dramatically increase the size of the total

Quite a counterintuitive insight

Such a fun conversation with JC Glancy !

🔎 Alex (KF19) examines how both LPs and VCs are prioritizing specialization, capital efficiency, and strategic differentiation in their investment decisions. forbes.com/sites/alexlaza…

Join us at 24 Fintech to hear from Alex, Managing Partner of Fluent, Inc.. Alexandre is an author, speaker and global venture capitalist. His insights into the vast world of venture capital are not to be missed. Register for your free pass to attend #24Fintech to

Terrence Rohan Funny how that very old conventional wisdom is suddenly notable for the YC Crowd. (I'm sure a rebranding like FounderMode is coming) Here's a good recent piece on the topic: bit.ly/3Dh7knI And an older piece by the OG Alex bit.ly/30iCxTF

Carl Sagan on why books are human’s greatest invention: “What an astonishing thing a book is. It's a flat object made from a tree with flexible parts on which are imprinted lots of funny dark squiggles. But one glance at it and you're inside the mind of another person, maybe