Rob Schoder Jr

1.2K posts

Rob Schoder Jr

Rob Schoder Jr

@Secondrob

CEO @vinylequity. Ex-@angellist (ran Portfolio + Crypto Ops) and @flexport (cofounded + scaled Chicago office).

Chicago, IL Inscrit le Şubat 2015
776 Abonnements342 Abonnés
segwitnitwit ⛲️
segwitnitwit ⛲️@segwitnitwit·
dealing with computershare makes me want to full port crypto and never deal with these antiquated systems again what do you mean it takes you 5-10 business days to process my check what do you mean it takes you 5-10 business days to send me my account statement
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Rob Schoder Jr
Rob Schoder Jr@Secondrob·
@breccastoll Would be good if they added at transfer agent representative to this list, given the likelihood that there will be a dependency on registered TAs to issue these securities. @vinylequity
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Brecca Stoll
Brecca Stoll@breccastoll·
SCOOP: The Trump Admin just tapped leading CEOs in crypto, finance, prediction markets, and more for a BRAND NEW government advisory committee. Coinbases’s Brian Armstrong, Robinhood’s Vlad Tenev, and Polymarket’s Shayne Coplan are among the 35 named.
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Rob Schoder Jr
Rob Schoder Jr@Secondrob·
Only way I’ve successfully (and efficiently) dealt with xfinity is going into a store. Call center is abysmal. I recently canceled my service and they sent me 6 cable boxes a week later. The employees at the store literally told me “yeah, I would just come here next time. They never get it right.”
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nick kokonas
nick kokonas@nickkokonas·
.@XfinitySupport absolute train wreck of customer support -- worst phone trees ever. Cannot access a human without a 10 minute BS. Cannot move service. Questions are not applicable. 4th straight day of talking to kind but clueless third party phone centers.
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Rob Schoder Jr
Rob Schoder Jr@Secondrob·
I didn’t test, but I didn’t have a connection issue the entire flight, watched an internal meeting recording on Google Drive and never had a buffering issue once. Phone and computer auto-connected and prompted me to log into my MileagePlus account. User experience was really solid. Also great marketing for @Starlink. Makes me think I might be insane for having Comcast at home.
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Rob Schoder Jr
Rob Schoder Jr@Secondrob·
@IanRountree It’s like a mortgage. You have a place to live for a little while, but you have to pay it down over time. Never understood either.
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ian
ian@IanRountree·
I think it's weird when people are congratulated on raising money. Like oh you mean congrats on the crushing responsibility of the expectation to return ~3-10 times this money? Or, congrats on selling a big chunk of your company to relatively passive 3rd parties? Yeah thanks!
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Rob Schoder Jr retweeté
Nate Cooper
Nate Cooper@Nrcoope·
Once in awhile you get an update from a portfolio company and think to yourself "Holy Sh*t I am lucky to be a part of this" Today is one of those days... Lucky to be able to back some incredible people @BarrelVentures
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University of Notre Dame
University of Notre Dame@NotreDame·
“On behalf of the entire Notre Dame community, I want to express how incredibly proud we are of our football student-athletes for their accomplishments both on and off the field this season. We are deeply grateful for the exceptional leadership of Vice President and Director of Athletics Pete Bevacqua, Head Coach Marcus Freeman, and the entire coaching staff. Our pride stems not only from this team’s success on the field but from the values they embody: faith, perseverance, selflessness, and a steadfast commitment to the University." —University President Rev. Robert A. Dowd, C.S.C.
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Clay Travis
Clay Travis@ClayTravis·
Potentially unpopular take: Tulane and James Madison have zero business in a 12 team playoff.
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Skip Bayless
Skip Bayless@RealSkipBayless·
It is ridiculous that JMU and Tulane are in the College Football Playoffs ... and Notre Dame and Texas and Vanderbilt are not. This shouldn't be about "everybody gets a chance." This should be about THE BEST 12 TEAMS IN AMERICA. Come on.
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Matt Grimm
Matt Grimm@mttgrmm·
Secondary markets are rife with fraud and bad actors, and it pains me to see these bottom feeders profiting off Anduril's growth while fleecing retail investors through unreasonable or opaque fee structures. In this week's episode of nonsense, @teamignitevc (a fund we've never taken a meeting with or had any contact with whatsoever) founded by @brianrbell (who we've never met) is soliciting investors via a public Google Doc to invest in an SPV that will in turn invest in another SPV that will in turn potentially enter into a Forward Contract with a (supposedly, though unnamed) early Anduril employee: docs.google.com/document/u/0/d… Few problems here. First off, so-called "Forward Contracts" are notoriously hard to settle in private companies, and counterparty risk is extremely real (e.g. what about the many complicating corner cases like acquisitions where shares don't "trade" or marriages/divorces/deaths where ownership of underlying shares is complicated)... just generally a risky structure to close that I don't think most folks actually understand. Second, this "Deal Memo" includes basically no details about Anduril's performance, no revenue figures whatsoever, no product specifics... almost as if it's soliciting investors to invest on hype and momentum and not fundamentals. Generally I'd advise folks to be skeptical of any "deal memo" lacking basic details. Third, Forward Contracts are explicitly disallowed by Anduril's stock plan and bylaws, as we detail here: anduril.com/investor-relat… ... which means that Anduril will never consent to Team Ignite's SPV actually taking possession of these shares while we are privately held. Zero chance. And finally, the memo spends most of it's time talking about the structure and fees... which are INSANE. A double-layered SPV with all legal and administrative costs passed through, in addition to an 8% upfront fee, 3% annual fee for two years, 20% carried interest, and... the craziest part... an implied price per share that is completely insane (in this case, the implied pps is ~115% higher than the most recent preferred raise from like 9 months ago). Flattered, I suppose, but also puts these investors in an almost absurd position by paying more than double the pps of our most recent transaction. 😬 As stated at the top, I don't know Brian or Team Ignite at all, maybe they're kind wholesome people and this is all a big misunderstanding... but if I were an investor looking at this "opportunity," I'd run for the hills.
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Rob Schoder Jr
Rob Schoder Jr@Secondrob·
While not likely an all cash deal at that number, in practice, they’d hire a paying agent (@vinylequity) and the paying agent would manage the distribution process to entities, then as @irrvrntVC suggests, the back office teams at the funds invested would subsequently distribute payments to LPs. If stock is involved the transfer agent (also… @vinylequity) would get involved for the distribution / issuance of shares to shareholders.
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Rob Schoder Jr
Rob Schoder Jr@Secondrob·
Had fun speaking with @JillMalandrino on @TradeTalks last week about the IPO landscape and the evolution of the capital markets infrastructure stack to make it easier and more cost efficient for companies to go public. There has never been a more favorable time to be building in this space - we're excited at @vinylequity to be playing a role in moving the industry forward and redefining the user experience of our public markets. Thank you, @Nasdaq for the opportunity!
TradeTalks@TradeTalks

.@Nasdaq Market Intelligence Desk & US Economist, Vinyl Equity & Portage join @JillMalandrino on @Nasdaq #TradeTalks to discuss the shifting IPO landscape and mitigating the challenges of cost, complexity, and inefficiency with companies going public. twitter.com/i/broadcasts/1…

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Joe Gebbia
Joe Gebbia@jgebbia·
My directive is to update today’s government services to be as satisfying to use as the Apple Store: beautifully designed, great user experience, run on modern software. An experience that projects a level of excellence for our nation, and makes life less complicated for everyday Americans. I’d like to thank President Trump and his administration for creating this vision, and supporting America by Design (@americabydesign). I will do my best to make the U.S. the most beautiful, and useable, country in the digital world.  If you’re interested in joining me at the newly established National Design Studio (@NDStudio) on this ambitious mandate, please reach out with a link to your work. Thank you for your attention to the details.
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Rob Schoder Jr
Rob Schoder Jr@Secondrob·
@pulte While not likely the first thing they’re thinking about, they should choose @vinylequity as transfer agent when they do. An American, technology-driven transfer agent built on state of the art technology rather than one built on decades old technology with a foreign HQ.
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Rob Schoder Jr
Rob Schoder Jr@Secondrob·
We just asked for a test transfer file from a competitor we just won business from to ensure they hadn’t changed their file format. They offered to send them to us for $10,000 (!) Legacy Transfer Agents won’t just nickel and dime you… they’ll extort you. Don’t lock yourself into contracts with companies whose model is to take advantage of you. @vinylequity is the future of transfer agency. Shareholder and issuer friendly is the way.
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