TIL zelle started as a data sharing consortium b/w big banks to detect fraud, and evolved into a digital payments business. What are other interesting evolution examples (vs pivots)?

Consumers continue purchasing more gallons of fuel, and in-store, despite higher prices. (n=7.5m transactions >14.5k locations)

Ted Stepien traded his 1st rd draft picks for 5 yrs in terrible trades that left his team unable to restock talent. Later, NBA owners created the “Stepien Rule” preventing a team from trading consecutive 1st rd picks. The owners created a rule protecting them from themselves.

Narrative violation: the average gas station earned a $28,676 profit from gasoline in April. When gas prices spiked in May, they saw their profit fall to an average of $16,424. (source: Oil Price Info Svc)

Just a reminder that gas stations are mostly sole proprietorships, often run by immigrants, and they make almost no money on gas sales. convenience.org/Media/convenie…

Great to see Lonnie representing the industry in the midst of a challenging environment for independent operators in the The Wall Street Journal

Today marks a HUGE milestone for our company, crossing 15k stores on our platform, just 5 years after adding our 1st. Incredibly grateful for the Skupos team that has gotten us this far. Onwards to 25k!

A first for me: I've seen countless people use virtual backgrounds of an office, but today I saw someone in an office using a virtual background of a living room.

We were fortunate enough to finally bring back Camp Skupos. After postponing for nearly two years, seeing old and meeting new teammates was a serious cup filler.

👀 customer rocking a Skupos t-shirt at his store. Love to see it, Yared!

Skupos is honored to be ranked #490 on the 2022 Deloitte Technology Fast 500™, which recognizes the most innovative and fastest-growing technology companies in North America. We'd love to thank the entire Skupos team for their dedication toward achieving this huge milestone.

Skupos SF, Manila, Denver, and a pre-school holiday party.

First day back for many after the holiday, always a helpful reference guide: m.youtube.com/watch?v=U4rkzy…

whoever figures out how to make g-suite work on united wifi will be a trillionaire.

We’re thrilled to announce a $22.5M financing led by Brex Asset Management and SQN Venture Partners. This new capital will help expand our footprint of independent convenience stores across new and existing markets. Read more: hubs.ly/Q01Hys6S0

startup #3: Milly!

100000% agree.

I know its often joked about, but as someone who travels frequently, I actually do hope there is always a doctor on board.

Hot off the press: Skupos has been acquired! This has been an incredible ride, and I’m wildly fortunate to have had this opportunity. Though I’m not sure what the next adventure is for me, I’m looking forward to changing diapers and figuring that out. Onwards and upwards!

RIP Charlie Munger. “Assume life will be really tough, and then ask if you can handle it. If the answer is yes, you've won.”