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I’m thrilled to announce the public launch of my new company, @open_ledger, alongside our $3 million pre-seed funding led by @KindredVentures and @blank_vc more below👇🏿
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pryce
2.2K posts
pryce
@pryceandstuff
architecting the worlds new accounting protocol @openledger, @hf0 alum.
San Francisco, CA Katılım Temmuz 2020
1.1K Takip Edilen2.9K Takipçiler
pryce retweetledi
Well, that was a crazy turn of events.
Three weeks ago, I thought Parker was going to be acquired in a deal worth nearly $90M.
Yesterday, we filed for Chapter 7.
I spent most of my twenties building Parker. We went from an idea in YC to processing over $1B in annualized volume, pioneered products that became standard across fintech, and built something I believed could last for decades.
And now it’s over.
I know there’s going to be speculation about why Parker failed, but a lot of what’s being said online is simply not accurate.
Over the last few years, we faced leadership turnover, a much tougher market, slowing growth, and the realities of trying to scale a venture-backed business after momentum fades.
Earlier this year, we decided the best path forward was to pursue a sale of the business. We ran a process and spent months working toward a potential acquisition that ultimately did not close.
After that, things moved quickly.
The hardest part is the impact on the people involved:
•Customers dealing with disruption
•Employees losing jobs they worked hard for
•Investors who believed in us losing money
What I am proud of is the team. Parker was built by incredibly talented people who deserved a better outcome than this. Helping them land somewhere great is my top priority right now.
If you’re hiring operators, engineers, designers, finance, credit, or growth talent, please reach out.
To everyone who believed in Parker over the years: thank you.
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pryce retweetledi
Ardent (@ArdentAI) let's you clone any Postgres DB <6s at TB scale so coding agents can test their code and engineering teams can ship fast without fear of taking down production.
It's already being used by dozens of teams like Supermemory and Surface Labs with 10TB+ of data across customers.
Congrats on the launch, @vchennai2!
ycombinator.com/launches/QE3-a…
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pryce retweetledi
Collective has acquired @openledger
If you want to build a self-driving financial platform for solopreneurs, you have to own the engine.
30M self-employed Americans deserve an AI back office working for them 24/7.
We're building it - now.
collective.com/blog/welcome-o…
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pryce retweetledi
Collective Acquires Open Ledger, As Fintechs Race To Serve High-Revenue One-Person Businesses forbes.com/sites/elainepo… (Photo: Colletive)
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pryce retweetledi
Congrats to @pryceandstuff very small investor.
Collective buys Open Ledger for AI push axios.com/pro/fintech-de…
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pryce retweetledi
"The future of financial software is self-driving – a system that manages the complexity of running a business behind the scenes while remaining proactive, transparent and human when needed."
Congrats to @hoomanradfar @pryceandstuff and the @openledger @CollectiveFin teams
Hooman@hoomanradfar
I'm happy to welcome @openledger to @CollectiveFin. This is another important step toward a more complete AI-native financial operating system, purpose-built for the backbone of the economy, Businesses-of-One. The future is not a back office that disappears. The future is a back office that drives itself. Collective is building it now for 30M solo businesses. Read more here. collective.com/blog/welcome-o…
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pryce retweetledi
!! Congratulations, @pryceandstuff and @openledger team for this partnership.
@collectivefin is such a great fit, and we are pumped to welcome @hoomanradfar and crew to the @KindredVentures portfolio. AI-native financial OS loading. 🔥
Hooman@hoomanradfar
I'm happy to welcome @openledger to @CollectiveFin. This is another important step toward a more complete AI-native financial operating system, purpose-built for the backbone of the economy, Businesses-of-One. The future is not a back office that disappears. The future is a back office that drives itself. Collective is building it now for 30M solo businesses. Read more here. collective.com/blog/welcome-o…
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pryce retweetledi
I'm happy to welcome @openledger to @CollectiveFin.
This is another important step toward a more complete AI-native financial operating system, purpose-built for the backbone of the economy, Businesses-of-One.
The future is not a back office that disappears.
The future is a back office that drives itself.
Collective is building it now for 30M solo businesses.
Read more here.
collective.com/blog/welcome-o…
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pryce retweetledi
This is the most tasteful video I've ever made.
But it's because I had something to say: HF0 is insane.
Apply for the most focused period of your life.
Dave Font@davefontenot
Every billion dollar founder I know dropped off the face of the earth for years. We built the perfect home for these people. It’s called HF0. In our last batch, teams raising after demo day hit an avg valuation of $82M. Applications for F25 open today.
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pryce retweetledi
pryce retweetledi
The way agents use the internet is broken.
They don't have access to your accounts, they're blocked on half of all websites, & they take hours to set up.
Today, we're introducing @CompositeAI - the agent that connects to your browser to automate your mundane tasks.
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pryce retweetledi
We sat down with @pryceandstuff (Co-Founder & CEO @openledger) to discuss AI's role in fintech and bookkeeping.
"We're weaving AI inside our general ledger architecture to automate bookkeeping tasks.
"It's a really exciting opportunity and different from a lot of fintech services as we're helping to automate more of a service."
"This adds an extra feature that platforms can sell alongside their suite."
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pryce retweetledi
Fun fact I slid @pryceandstuff ‘s dms on LinkedIn
TBPN@tbpn
We sat down with @pryceandstuff (Co-Founder & CEO @openledger) to discuss AI's role in fintech and bookkeeping. "We're weaving AI inside our general ledger architecture to automate bookkeeping tasks. "It's a really exciting opportunity and different from a lot of fintech services as we're helping to automate more of a service." "This adds an extra feature that platforms can sell alongside their suite."
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pryce retweetledi
Love this startup @pryceandstuff let’s go 🚀
TBPN@tbpn
We sat down with @pryceandstuff (Co-Founder & CEO @openledger) to discuss AI's role in fintech and bookkeeping. "We're weaving AI inside our general ledger architecture to automate bookkeeping tasks. "It's a really exciting opportunity and different from a lot of fintech services as we're helping to automate more of a service." "This adds an extra feature that platforms can sell alongside their suite."
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I know employment fraud is all the rage now but who wants to hear about some cooler shit like embedded ERP’s, accounting APIs, and AI bookkeeping?
I’m talking about @openledger at 1 on @tbpn today tune in!
TBPN@tbpn
Morning. Here are our guest call-ins today: – @realsohamparekh (Soham Parekh) – @crmiller1 (Author of Chip War) – @aginnt (Hydra Host) – @bridge__harris (Founders Fund) – @pryceandstuff (Open Ledger) – @jacobrintamaki (Beautiful AI Art) – @auren (SafeGraph) – @mehran__jalali (Looking for Lost Civilizations) – @kushalbyatnal (Extend) – @avlok (AngelList) See you all on the stream.
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