Matt Nichols (@mnichols47) 's Twitter Profile
Matt Nichols

@mnichols47

Venture Capitalist at Commerce Ventures

ID: 89243728

linkhttp://www.commercevc.com calendar_today11-11-2009 18:04:10

668 Tweet

546 Followers

275 Following

Matt Nichols (@mnichols47) 's Twitter Profile Photo

Amazon keeps launching services like this for retailers/brands. Given the reluctance of those players to even use AWS for compute (let alone more sensitive solutions like this or frictionless checkout), I don't suspect they will get much traction. retaildive.com/news/aws-suppl…

Pensa Systems (@pensa_systems) 's Twitter Profile Photo

Visibility to grocery shelf inventory conditions is of paramount importance for CPG brands looking for incremental growth. Read more about how to apply pricing elasticity principles to shelf facings to optimize facings and drive growth. ow.ly/vXtO50MeRT9

Matt Nichols (@mnichols47) 's Twitter Profile Photo

This is such a good move forward. Clearly the no non-competes (outside the sale of a business) has worked well for California, the rest of the country should just follow.

Commerce Ventures (@commercevc) 's Twitter Profile Photo

The world is awakening to the promise of AI applications, and we're excited about the implication for #retail! Read more from VentureBeat for an overview of developments in machine perception and a shoutout to Pensa Systems's optimization on shelves! bit.ly/3vG6wBr

Matt Nichols (@mnichols47) 's Twitter Profile Photo

This article highlights the challenges of scan-and-go (when there is more "going" than "scanning"). Grocery stores will need to use camera-based solutions (like Grabango) to deliver the benefits of frictionless checkout without increasing theft in stores retaildive.com/news/grocers-w…

Commerce Ventures (@commercevc) 's Twitter Profile Photo

Betsy Z. Cohen pioneered the sponsor bank model with her leadership of the bancorp and continues her legacy of innovation as a focused FinTech investor today. Listen to her story with Dan Rosen in the latest episode of #CommerceConversations. apple.co/3HL8Y0c

Matt Nichols (@mnichols47) 's Twitter Profile Photo

PSA: Milk and Cream are not the same thing. Starbucks - it seems like common sense, but can you please add that to your associate training?

Moov Financial (@moov) 's Twitter Profile Photo

If we can make it here, we can make it anywhere. 🚀 A huge thanks to Nasdaq for shouting out our series B across #TimesSquare! In case you missed the news 👉 loom.ly/LhjQsHk

If we can make it here, we can make it anywhere. 🚀

A huge thanks to <a href="/Nasdaq/">Nasdaq</a> for shouting out our series B across #TimesSquare! 

In case you missed the news 👉 loom.ly/LhjQsHk
Matt Nichols (@mnichols47) 's Twitter Profile Photo

So honored to be your partner for much of the journey. Still amazed that you started it all by yourself (but glad you did!)

Commerce Ventures (@commercevc) 's Twitter Profile Photo

Yesterday we celebrated the Commerce Ventures 10th anniversary!! We're grateful to each of our friends, colleagues, mentors, and loved ones for being supporters on the journey.

Yesterday we celebrated the Commerce Ventures 10th anniversary!! We're grateful to each of our friends, colleagues, mentors, and loved ones for being supporters on the journey.
Matt Nichols (@mnichols47) 's Twitter Profile Photo

Still so much opportunity for frictionless commerce experiences. Got a mobile key for my Marriott Bonvoy room, but needed the physical key to get up the elevator to my room 🤦‍♂️

Matt Nichols (@mnichols47) 's Twitter Profile Photo

Kind of crazy - suggesting that the answer to bad inventory data is to alert customers that inventory is low so that they can substitute their purchases. Why not use Pensa Systems to help deliver actual stock levels so customers can order what they want?

Matt Nichols (@mnichols47) 's Twitter Profile Photo

Complaining about “doing industry deep dives”, “finding under-the-radar startups” and “carving out their own niche focus areas, such as in cybersecurity or in fintech”. Sorry, isn’t that the job description? businessinsider.com/young-vcs-regr…

Pensa Systems (@pensa_systems) 's Twitter Profile Photo

Research shows that lost CPG sales due to out-of-stocks correlates with product sales velocity. Read more from retail expert Tom Gruen on how to rethink shelf space allocation to boost sales. ow.ly/Cg3r50Nb1aa

Matt Nichols (@mnichols47) 's Twitter Profile Photo

This is wonderful. But can’t believe I had to read 2/3rds of the article to learn that actor that played Chunk (from the Goonies) was the lawyer that negotiated his contract for Everything All at Once.

Matt Nichols (@mnichols47) 's Twitter Profile Photo

SVB may not have had enough $ in its reserves last week, but it’s reserves of community love may still be high enough to help it emerge in some form at the end of this crisis. 🙏

Matt Nichols (@mnichols47) 's Twitter Profile Photo

Founder PSA: If you want to convince investors that your business is truly a software business (not a service business masquerading as a software business), make sure you call those buying your software "Customers" not "Clients". Word choice shows what you really believe.