With Consumer Fintech Tanking, What Happens To Enterprise?
Last Friday, I wrote about public market fintech companies getting hammered by Wall Street. But the dip was largely warranted—companies posted lesser numbers as the economy adjusts to a post-COVID world. Here’s what I wrote on Friday: “Robinhood’s getting hammered—revenue fell 43% year over year, just a few days after announcing its laying off 9%…
Read MoreWall Street Hates Fintech Again & Loves Crypto, Elon Is Based AF
Life comes at ya fast. Last weekend was great—the folks at 137 Ventures had a great event Saturday night in Miami and ran into a lot of friends I hadn’t seen in awhile, or hadn’t met in person ever! Sunday, my wife and I had a brunch reservation at Mila. Halfway through I got a…
Read MoreMore Fintech M&A Doesn’t Mean Bigger Exits
Something I’ve noticed over the last few months — an uptick in fintech acquisitions. I mentioned it in my newsletter on Friday, but there was a few just last week: “Brex bought financial planning software company Pry Financials for $90 million, the company announced on the 19th. On the same day, Robinhood announced it was buying UK based…
Read MoreRussia-Ukraine’s Effect on Crypto and Fintech M&A Heats Up
Hello everyone—welcome back to our weekly FTT newsletter. We’re gonna be switching things up a lot here—first up, more tunes! There’s a lot of Blondish on here, since she played at an event we sponsored with Vol. 1 Ventures for Miami Bitcoin Week. She was so good live—I was sober (this new thing I’m trying…its…
Read MoreIs the Stripe For Crypto Just Stripe? Maybe…But Probably Not
Stripe dropped a doozy announcement recently: a brand new suite of products dedicated to crypto. Product-wise, it’s an elegant refactoring of a lot of their existing capabilities: leveraging Connect to power fiat payouts, Treasury to power Wallet management, and creating a simpler onboarding for NFT marketplaces with Stripe Identity. (Something that went a bit underrated, as Charley Ma…
Read MoreIntroducing FTT 2.0
Heyyyyy everyone what’s good. Yes, yes, I know, long time no chat. I’ve been busy catching up on non-professional stuff in life—what they don’t tell you is that when you’re heads down building, you kinda forget about pursuing important life goals that are outside of work. As my wife said, “you’re finally doing things normal people…
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