Jake Potter

16 posts

Jake Potter

Jake Potter

@Jake_potter35

Making the SBA loan process simple for borrowers Lended | Automating SBA Loan Servicing https://t.co/mIiW5crajZ

शामिल हुए Haziran 2023
1.3K फ़ॉलोइंग227 फ़ॉलोवर्स
paolo trivellato
paolo trivellato@paolo_scales·
who's the best cold emailing agency? i want to pay for someone to just setup & launch infrastructure + campaigns tag the best person you know below
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nico
nico@nicochristie·
Shortcut one-shotting banker/PE work while I got coffee. (1/2) "Build me a LBO model based the Moelis 10k for a take-private. My boss thinks this should take all day" (2/2) "Update the existing model to include compounding interest rates from the web" Sending more codes today
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Jake Potter
Jake Potter@Jake_potter35·
We are looking to add as much value to searchers as possible. Let us know any features you would like to see added
Mark Delaney@markbdelaney

ATTENTION SBA BORROWERS AND LENDERS: Today we (@Jake_potter35 and another) are hitting send on a platform to democratize data on SBA loans. sbalenders(dot)co What does it do? 1. Gives you stats on top lenders, direct from the SBA For example, you can see that while Chase issued about the same loan volume as First Internet Bank (147 to 193 loans) FIB had 2.5x the total volume ($438 m to $169) Or that GBank did 83 loans (69% of total count) for hotels and motels. Clearly- they have a niche. Where is this data coming from? Directly from the SBA. 2. Let borrowers see what individual lenders did I know this may be a surprise, but not everyone is active on X and LinkedIn (shocker, I know) There are deals that happen you may never heard of. Take this from Blake Cranor at Live Oak: If you are curious, you can access this deal and others within 2 clicks from our landing page- all without making an account. 3. Connect with individual loan officers Ok, yeah, you can do this elsewhere also. Here's where we are different: Loan officers are building profiles on here. They can add deal details to highlight what they have been able to get across the line. Here's my man Kirby from Acclivity: It's huge for loan officers to showcase themselves to borrowers. Loan officers have LOVED this. They also love that borrowers can leave them reviews. Yes reviews. Future and vision First- how we make money. Answer: as a loan broker. Loan officers see our vision to have a data-driven product to match lenders and borrowers and want in. They are happy to pay us a fee on closing for borrowers we drive them. This current version isn't perfect. We know. It's got some work to be done. But we have something good enough and wanted to ship. We have plans to use this to gather a lot more information both on borrowers and lenders. We can ask questions about a borrower's personal finances, industry experience, and get details about their deal to align with the right bank. Banks, on the flip side, will be able to adjust their preferences for different industries, credit box, and other factors. All to save everyone time and get the best match to make the best deal happen. If you are a lender- we invite you to come on board and make a profile. Your competition already is. If you are a borrower- create a profile. It's free. Explore the data and reach out to me. I am seriously dying to know what we can add to make this a killer product for you. Stay tuned.

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will o’brien
will o’brien@Willob·
In 2025 we are going to witness an accelerated unraveling of the rationalist worldview. The following topics will be discussed more often and with more seriousness: - UFOs & aliens - telepathy - non-local consciousness - panpsychism - levitation Considering starting a group chat for discussing topics like these. LMK if you’d be interested.
Johnathan Bi@JohnathanBi

This is the wildest interview I’ve ever done. It led to me witnessing a literal Christian miracle! Yale's Carlos Eire provides robust evidence that Christians actually LEVITATED!! His new book on the subject is named: They Flew. This book isn’t wild speculation but rigorous scholarship by one of the most respected historians in the world. As an agnostic, I was so suspicious before picking it up, but by the time I put it down, I was awestruck by the overwhelming historical evidence that Carlos presented. In fact, I was so shook by this book, that I ended up chasing down a rumor in Pennsylvania (w/ @jeremygiffon) where both of us witnessed a literal Christian miracle with our own eyes (I discuss with Carlos at 26:52). If you listen to this interview with an open mind, it will radically transform how you see the world. Even if you remain suspicious about the reality of miracles, you will see how central thinking about miracles has been to philosophy, history, technology, and even science. Timestamps: 05:38 Joseph of Cupertino: Levitating Saint 26:52 I Witnessed a Miracle 36:29 How the Catholic Church Uses Science to Test Miracles 1:09:53 The Devil Worked “Miracles” Too 1:15:05 Martin Luther Saw the Devil Everywhere 1:19:55 Belief in the Devil ENDED Witch Hunts 1:37:05 Technology and the Miraculous 1:42:21 Why Miracles Started Popping up in “the Age of Reason” 1:45:42 It’s Rational to Believe in Miracles 1:49:10 Buddhists Miracles are Cooler than Christian Ones 2:05:22 What is the Purpose of Miracles in Christianity?

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carried_no_interest
carried_no_interest@carrynointerest·
I TOOK A BOARD SEAT. I genuinely think this business will change (and already has) changed small scale PE investing forever and help facilitate this alleged 'silver tsunami'. Let's get into it. A few months ago, 2 gentlemen approached me with a plan to alter how SBA lending is sourced. They told me SBA 7A lending was broken. As someone who has done an SBA 7A deal, I couldn't agree more. This is how it went: 1) Cold call banks lmao 2) Hope they did deals in the industry I was attempting to acquire in 3) Send all sorts of documents for the bank to manually review 4) Hope it made it through underwriting 5) Get rejected, proceed to cold call the next bank These two guys had a different plan: 1) One portal where you upload financials, deal docs, and other things 2) Use AI to munge all the documents into a 'deal dashboard' that automatically computes the DSCR. 3) Automatically match your deal's industry to banks that have done deals in that industry 4) LET SBA LENDERS BID ON YOUR DEAL! @LendedAI was born. This idea felt like a HUGE leap forward. It felt like an industry stuck in 2005. Eventually, the founders of Lended asked me to join the board. Where is @LendedAI today? 1) 40+ banks are on platform 2) almost $50mm in M&A deals have been underwritten by banks 3) They're now expanding into working capital. 4) Banks are stating this decreases the amount of work to get to a 'yes/no' by 90%. Finally, as someone who is really bullish on AI, this feels like a real AI use case with legs. Upload all these gross documents and let AI munge them into dashboard with all the relevant KPIs. Anywho, I actually think lots of LMM deals will be flowing through this platform in 2-3 years. I've always felt like getting financing for larger PE deals was similarly busted / filled with friction. Anyone interested in getting financing for either M&A or working capital using SBA loans should reach out. The future M&A financing seems to be right around the corner...
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Mike
Mike@MikeWick__·
@carrynointerest Any lenders on the platform that do SaaS revolvers or term loans?
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Jake Potter
Jake Potter@Jake_potter35·
@codyschneiderxx Just tried to get premium to message you but it didn’t work so here I am. I’d appreciate the chance to talk to you about marketing for my startup. Can you send me a message so we can talk in dms
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Cody Schneider
Cody Schneider@codyschneiderxx·
its not an ai startup its an api wrapper with a tailwind frontend
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Jake Potter
Jake Potter@Jake_potter35·
@HLCColumbiaMD It cant only be used by chatgpt plus subscribers so if you don't have that I can send over some screenshots of it in use
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Jake Potter
Jake Potter@Jake_potter35·
@HLCColumbiaMD I just built an AI tutor for the english section of the ACT. Would like to hear your feedback/if you might be interested in using something like it -17 small chapters to teach different grammar concepts -practice questions -minigames to learn the concepts chat.openai.com/g/g-BJFVZq9De-…
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Jake Potter
Jake Potter@Jake_potter35·
@NickADobos I sent you a dm but I’m sure your inbox is flooded. Is it possible to pay for some ai lessons from you or hop on a pay for a quick call to get some tips?
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Jake Potter
Jake Potter@Jake_potter35·
@danshipper Do you know when/if you will have a new chat bot course after this one?
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Dan Shipper 📧
Dan Shipper 📧@danshipper·
The energy in my chatbot course tonight is incredible. This a moment in history where anyone with an idea can build it using ChatGPT. It's time to build.
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Mike Beckham
Mike Beckham@mikebeckhamsm·
I’m following 999 people. I’m going to 1,000 in the next 24 hours. Whoever I pick gets a one hour free mentoring session on whatever they want to talk about. To enter: reply with what you tweet about and what we would spend an hour discussing
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Robert Sterling
Robert Sterling@RobertMSterling·
@brightswordlol Yup. The convergence over the next decade is going to be amazing to watch as the market finds a solution for this.
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Robert Sterling
Robert Sterling@RobertMSterling·
PE managing director when he finds out the owner of a regional HVAC company is named “Jimmy McDuff Sr.” and not “Cedar Brook Equity Partners Fund VI”
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Jake Potter
Jake Potter@Jake_potter35·
@immad Inspiration from bezos?
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immad
immad@immad·
For next week’s board meeting we are switching from slides to a doc and I am excited about it. Forces you to write in depth about the most important stuff and avoid mundane status updates (we have an appendix for those). Will report back on how it goes at the board meeting.
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Jake Potter
Jake Potter@Jake_potter35·
@AlexReibman I joined the waitlist. Would love to give it a try and my feedback
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Jake Potter
Jake Potter@Jake_potter35·
@d_shap_autom8r Hey David, find your videos very interesting and they have taught me a lot. I’m about to be a senior in college and would really appreciate having a call with you to get your advice on navigating this. Let me know if that would be possible. Thanks
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