Aaron Goldman

@arampell I decided over break I was going to try and escalate my issues with tech support at Apple. My daughters are making videos laughing at me while I try and get tech support to understand / address the issues.

Since iOS 16 Apple Screentime is totally and utterly broken — any way to reach a product manager there? Tech support not useful as these are very clear bugs…

Spending time with kids and it’s clear Google has a TikTok problem for search

If SBF wanted evidence he is not a brilliant evil genius and this was all a big mistake, investing $1bn of stolen money in a bitcoin miner at the very top of the market feels like a very constructive Defense Exhibit A (my cousin vinnie level)

Loving my new team …

@ZJKaplan @jmover Amazing! I literally sat in a conference room with the board of a top 10 global bank yesterday and told them I do not believe anyone has a competitive advantage of underwriting in a regulated market. They did not react well.

Me when a fintech founder tells me their underwriting model is their competitive advantage

@lessin Reminds me of great Georges Braque quote on painting — In art, progress lies not in an extension, but in a knowledge of limitations.

It is nearly impossible to convince a VC of a thesis they don’t already believe, so the key in fundraising is to ‘discover’ the right partners, not try to educate and convince…

@noyesclt If this is the strategy they should quickly be buying other PSP assets …

$PYPL. Adios "Super App" hello enterprise. Braintree volumes grew 44% in 2Q22 where button vol grew 4-5%. Mgmt expects 50bps of margin expansion in a $900M cost cutting effort. Many more changes are needed here to unite the pieces they have acquired. Big changes.

Don’t forget to join #REDeFiNETOMORROW2022 Register now: zipeventapp.com/e/REDEFINE-TOM… THU 21 July 2022 / 13.30-14.00 BKK Time Fireside Chat: USDC and the Future of Stablecoins @jerallaire of @circlepay @aarong22 of @generalatlantic

This is a going to be a big deal

@roosontheloos They took peoples deposits (not investments, deposits), gambled them and lost. There is no FDIC in crypto; depositors are lucky to not be zeroed. That brand can be thought to have value is insane.

FTX buying Blockfi for $25m.. even just getting the brand is worth that much. They are going to make so. much. money. in this crypto capitulation

@modic123 PSP / card acceptance. Lot of companies build companies who are profitable early on and scale that way …

In which categories have fintechs historically achieved scale (GMV, revenue) with limited capital / bootstrapping?

@mdudas You live in Manhattan. What is that travesty?

@tek_fin I think if you read circle disclosures you can get some sense

Does anyone know how much revenue (if any) Coinbase generates from USDC?

@mattturck Repo guys gonna be working overtime on neon green lambos

@ohadsamet Think shouting fire in a crowded theatre vibes …

I have always wondered what having had Twitter around during the GFC would have felt like, and now we’re going to find out

@Pavel_Asparagus @talostrading !!! Great team / market / opportunity / vibe. Get while the getting is good

What are the sickest cos in person in NYC that are like 30-100 ppl

@mattturck Growth is not dead. Tourists are gone 👋 and with them the nonsensical valuation environment. Good companies will be funded and persevere, although some may have to recalibrate their unrealistic expectations. Who is actually a long term partner will quickly be apparent.

2/7 From what I'm seeing: * the growth market is pretty much dead right now * Series A/B has slow down considerably * only seed and crypto remain vibrant (or delusional?)

Are we witnessing the Great VC Pullback of 2022? After a few years of craziness, things seem to be really changing and everyone is trying to figure out what that means 1/7 👇

@pitdesi GWP never has been and never should be a valuation metric

Several high-flying insurance startups got crushed in public markets, down 80+% (HIPO and ROOT mkt cap < cash on hand), so now folks don't want to invest in the sector bc *comps* don't look good... but... not all insurance companies are created equally

@pmarca Underrated tweet

"Look, I know our public comps are down 80%, but..."

@fintechjunkie I fear extreme capital inefficiency has been somewhat normalized in the tech world due to crazy revenue multiples. Hard habits to break. Unit economics down to the bottom line matter. Best companies always drive returns on their invested capital …

People are curious how the “pandemic vintage” of startups is going to perform. Are returns going to collapse because entry points are 3-5X what they were years ago? Will the public markets correction crush returns? A 🧵about how "Opportunity = Value – Perception"