Thought Leadership Threads

Was on a panel last week and was asked about a topic I knew very little about. My response seemed to get laughs and likes at the same time. It’s an old poker saying: “If you can’t spot the fish at the table then you’re the fish.” I live by this adage…let me explain👇

It’s not uncommon for a #VC to chat with an early stage #startup and within weeks get introduced to 3-4 other #startups tackling the same opportunity at the same time. When this happens it’s rarely coincidental and definitely worth paying attention to. A thread 👇:

Most #startups need years of growth before they turn profitable. Some consume LOTS of cash. As a result, I suggest every Investor and Founder obsess about COM3 --- Cash Out Minus 3 Months. This might be the most important metric to care about.

A few thoughts on COM3:

1/ @ChrisOdinet and I published an essay in @protocol arguing that the @CFPB must go beyond access and give consumers CONTROL of their financial data.

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One of my favorite things about the #startup ecosystem is that best Founders are hungry to grow their own skills as quickly as they can. I’ve shared some hard-earned insights in past threads and thought it was time to share 7 more nuggets. 🧵👇👇👇

1/ What about government? #OpenBanking #CBDC? Final of 7 essays w/ @natesoffio is here http://qedvc.com/APIsPart7

@QEDInvestors @whartonfintech
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Today, the evolving API-mediated marketplace, look forward to no-code/low-code movement and SCOTUS giving legal certainty.

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Jamie Dimon. Love him or hate him it’s difficult to deny that he’s one of the most talented Bankers of our era. In his recent shareholder letter he points out what he perceives as an unfair playing field between Banks and Fintechs. A quick response to Jamie:

Yesterday I put out a post about Investor Rights and it’s definitely been the catalyst for some interesting conversations. I appreciate the thoughtful perspectives on the topic and in full disclosure, my firm has been on both sides of the issue so I “get it”.

Early stage investors have gotten really creative over the past few years with the rights they’ve negotiated in their deals. But guess what? In today’s market the rights aren’t being honored like the Investors expected. A quick thread on what’s going on and why: