I have some news to share, I’ve changed my name to SurAIl 🚀

The 2 word explanation, which is also taught in every finance 101 class, to what’s happening at SVB: duration gap. en.wikipedia.org/wiki/Duration_…

Another reminder that when someone (often in a position of influence) tells you to “stay calm” — there’s probably a five alarm fire with kerosene leaking all around

Surprises: - VCs turned on SVB, a key lending partner to much of the ecosystem - SVB had awful duration gap management (investing a large % of deposits in long duration MBS) - Bank runs can still happen (despite $0.5 trillion of VC investments in fintech the past few years)

Just saw Satoshi going for a KOM Strava

It’s like a crypto startup — where did the money go!?

High-quality CO2 removal is now as easy as calling an API. 👏 Lauren Polansky & @Stripe Climate team!

For all the business / data analysts walking by engineers' desks and dreaming of the day they too can have sleek tools like Figma, look no further!

Incredible run and lessons building @Stripe!

We've been building quietly. Until this week.

Adaptional (@AdaptionalAI) is the first system of intelligence for insurance. Legacy systems structure work. BPOs offshore work. Adaptional’s AI does insurance work. Congrats on the launch, Suril Kantaria and Kevin! adaptional.com

Underwriting is about to look less like data wrangling and more like a Wall Street trading floor. Super fun conversation with Reuters The Insurer. We discuss how AI is reshaping the underwriter's role: each underwriter will have a "team" of AI analysts, decisions made in