False Marketing Language For FDIC Can Lead To Big Headaches
There wasn’t much for me to do over the weekend besides rewatch Billions and read some new research reports (sidenote: I tweeted this about how the peak for neobanks was when it became a major plot point in Billions…it’s so unrealistic. I’m sure 99% of hedge funds don’t give a shit about building a neobank.…
Read MoreCoinbase Insider Trading—Instacart Launches Credit Card With Chase
Instacart Launches Credit Card With Chase I’ve been working on a thesis over the last few months about how the bear market/recession economy and how it’ll affect fintech. Part of it is that tech platforms will be adding more fintech products because they’ll be looking at ways to increase engagement, retention, and revenue on a…
Read MoreBig VC Rounds Are Slowing Down, But VC Is Still Very Alive
Everyone seems to think venture investing is dead. All the mainstream media articles you read are about how VC’s are pulling term sheets and no one’s investing. And yes things have pulled back from a very frothy market, as I wrote last week. But investors are still investing, especially in early stage venture. And there’s…
Read MorePulley Raises A Big Series B—Bitcoin Mining Is Getting More Profitable
Happy Friday—NYC has been a lot of fun and I’m excited for tomorrow; Stevie and I and a few friends are going to see The Weeknd. I made Stevie a 4.5 hour long playlist of just his songs in order to prepare (she listened to about 20 minutes of it she said.) It’s hard to…
Read MoreWhy Now’s The Right Time To Start A Company
It was so interesting meeting younger operators and builders in fintech and crypto yesterday. A lot of folks had the same question, or something similar to it: I’m a pretty experienced operator at X and have built Y. I have an idea about Z and a few other smart friends and I are thinking about…
Read MoreRandom Musings: Fed Vice Chair Talks Crypto—Is Now The Time To Buy Public Fintech Stocks?
Fed Vice Chair Lael Brainard Talks Crypto Economy @ BofE Symposium I’ve been reading Lael Brainard’s speeches on fintech and crypto for years—probably since she got to the Federal Reserve in 2014. To me, she seems to be one of the most knowledgeable regulators on fintech and crypto so it’s always interesting to hear her…
Read More