marissa

@brettberson @AriannaSimpson @zackkanter @stedi Great news ZK and team Stedi !

We first began our partnership with @zackkanter and @Stedi back in 2017. Today, they announced their $50 million Series C. But most of those years were spent quietly and quite obsessively building the underlying infrastructure. Once the company built its way into healthcare, things started to inflect quickly. (They were recently named one of Ramp’s fastest-growing vendors across all categories, not just healthcare). But as with most “overnight success” stories, it was nearly a decade in the making. The ambition to replace legacy clearinghouses with a modern API-first, software-native platform is a big one, and the breadth of the product surface is stunning. But it’s Zack’s desire to keep grinding towards bigger outcomes that’s truly outlier. He’s built Stedi with unusual levels of patience and persistence. (For example, they threw away the entire codebase 8 times, and took 4+ years to launch anything publicly.) These choices stem from a determination to avoid what he calls the accumulation of not doing things the right way. His philosophy is rather unique and is best captured in this quote: “As a company, we’ve decided we’re gonna eat glass. That is what sets us apart. We’ll go to the ends of the earth to do things the right way, even when it’s not economical and it doesn’t make sense.” He gets at more of this idea in the clip below from our recent interview, where he talks about why he’s building Stedi to be a company he wants to run forever. He’s an incredibly tough founder to bet against, and I feel fortunate to both be an early supporter of his @firstround and to call him a close friend.

@natbrunell That was really well done, congrats on a great first day! And thank you

Welcome to the Women of Bitcoin Summit Day 1! We're starting right at 1pm ET ⚡️ Head to the summit site and register to join nearly 1500 attendees from around the world!

Ben Horowitz on the infrastructure behind the AI economy: "Crypto is the natural money for AI because it’s internet-native money." "AI is global. Crypto is global." "There needs to be not just a ledger of money, but probably a ledger of truth for AI to really fulfill its potential." "I think people are probably underestimating how crypto and AI work together to form the AI economy." "Networks and computers tend to grow together, and I think that AI is obviously a new kind of computer and crypto is a new kind of network." @bhorowitz on Moonshots with @PeterDiamandis

@AriannaSimpson Congrats fam. Love you

Some news! After 6 incredible years, I’m going to be transitioning out of a16z. I’m starting a fund of my own to do what I love most, which is investing in great founders as early as I can find them, with a broader aperture across the many verticals where great companies are being built today. I learned a huge amount during my time at a16z. @cdixon is widely known as a legendary investor and having the opportunity to work closely with him for the past 6 years has been an honor. I am extremely grateful for his mentorship, the opportunities he gave me here, and for the capital and responsibilities he entrusted me with. His frameworks will shape how I think about investments for the rest of my career. When I joined, the crypto vertical was 7 people (it’s now north of 80), and the firm, while already successful, was nowhere near the scale or scope it has today. At the time I thought the firm’s moves to dominate the industry had mostly unfolded, but I underestimated how much the lead could widen in a few short years. @bhorowitz and @pmarca have built an institution, and I am glad to have had the chance to play a small role on the team. I’m sure I’ll be looking back 6 years from now and see the firm in a position  that’s  hard to even imagine from today’s vantage point. Most of the best people I’ve worked with in my career to date have been at a16z – there are too many to name. I’m very grateful to have worked with so many incredible folks here, and I know that I am leaving the crypto team and the investing practice in extremely capable hands with @cdixon, @alive_eth, and @guywuolletjr. I’m also really going to miss working with @jasonrothenal and @eddylazzarin every day in Menlo Park — I’ve learned so much from both of them. I’m very proud of the work I did here, and most importantly, of the founders I had the privilege of working with. They are the reason why I love being an investor. Sometimes it takes dozens of meetings, but every time you find a star, it makes you fall in love with the job all over again. a16z’s passion for and commitment to founders and their companies is what made me love this job in particular. I’m excited to keep doing that in my next chapter — and if you’re building, I’d love to meet!

We’re bringing an entire country onchain. Bermuda is building the world’s first fully onchain national economy, with support from Coinbase and @Circle.

@nyknicks 🔥

Congratulations Jalen on being named a 2026 All-Star Starter 👏

@EmpireStateBldg @GratefulDead Fare you well, fare you well, we love you more than words can tell

Tonight we will shine in tie-dye to honor the life and legacy of Bob Weir @GratefulDead

@NBAonNBC Perfect ha

Snoop Dogg announcing Steve Kerr's ejection is hilarious. 😂

@GusSaltonstall Kaito is so good and so few people know about it

Sushi Kaito on West 72nd Street. 17 dish Omakase for $115. Upsettingly good.

@glangley Incredible !

I'm incredibly proud that Flock Safety played a key role in working with first responders to find the suspect in the Brown and MIT murders. America cannot tolerate tragedies like what we saw at Brown and MIT this past week. The single best way to curb crime is to make sure would-be criminals know they'll be caught. Excellent intelligence is the only way to make that a reality, and we intend to continue using technology to make sure our law enforcement are empowered to do their jobs.

Knicks 👀

@fintechfrank Shh

Would be terrible if the institutions start panicking as well

Loopscale 🤝 @defidevcorp. DeFI Dev Corp. has announced its plans to deploy a portion of its SOL and stablecoin reserves to Loopscale's credit markets. Scaling @solana DeFi continues.

We’ve raised $75M to build the decentralized energy network powering the world’s most important commodity: electricity. This funding helps us move faster toward an electric grid that delivers what the old one no longer can: affordability, reliability, and abundant power.

The @solana ecosystem has the potential to significantly influence global capital markets with cutting-edge performance, growing adoption, and now institutional-scale capital behind it. That’s why @FWDind $FORD is building the world’s largest $SOL treasury. Here’s why it matters...

@davidtsocy @baseapp 🖐️🙏

Who needs a @baseapp invite? Reply below

The House just made history by passing major legislation on stablecoins (GENIUS Act) and market structure (CLARITY Act) in an overwhelmingly bipartisan way. This is a huge moment for crypto and for all Americans. We’re very close to having comprehensive, proactive rules in place for the first time. Next up: the GENIUS Act goes to the President’s desk for his signature. After that, the Senate should pass the CLARITY Act. We believe passing these laws is the best way to ensure that America remains the world leader in the next era of the internet. Thank you to all the cosponsors of these bills and the incredible supporters on both sides of the aisle in Congress.

The problem with socialism is that eventually you run out of other people’s money

@KnicksMemes So true lol

Shoutout to the Knicks for scarring me so bad I can't fully enjoy an 18 point lead with 4:30 left