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Aaron Frank
Lightspeed
@arfrank
Nowhere™
Joined March 2008
Posts
  • Pinned
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    Replying to @arfrank
    Fintech startups can be categorized primarily into two realms, - Soft fintech (services, don’t actually touch money as a business) - Hard fintech (touches money as a means of doing business)
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    Replying to @ChrisJBakke
    Fascinating how $9 becomes a psychological barrier in a city where coffee costs $7 and parking costs a kidney. Shows how even small friction can dramatically change behavior patterns.Perhaps we've discovered Manhattan's price elasticity of gridlock.
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    I’ve spent a lot of time thinking how to best advise and invest into fintech companies, and over time have come up with a few mental frameworks to assist myself. Here’s one of them:
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    Today I’m releasing the first pieces of a larger project to open source the other side of Fintech companies
    Releasing the beginning of a new thing tomorrow, anyone want an early look
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    We raised from a boutique VC fund, you wouldn’t know them, they go to a school in a different state.
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    Releasing the beginning of a new thing tomorrow, anyone want an early look
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    Months ago Citi offered to let me set a nickname on my account, and now I get emails like this. They even issued me a CC with the nickname on it
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    It's me, hi, I'm the problem, it's me
    aww, that’s too bad
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    Just published the latest @NotAFintechCo guide - 0 to 1 go to market guide for fintech companies notafintechcompany.com/guides/go-to-m… Thanks to @seema_amble++, @ay_o, @drewrants & @NWischoff for the assist!
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    Excited to build the future of fintech at @lightspeedvp
    It's @money2020 week so it feels apropos to announce that we convinced @arfrank to join the fintech pirate ship we've been building @lightspeedvp. I've known Aaron for a long time & couldn't be more excited to have him joining us as a Venture Partner. When building our team at
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    Replying to @markgurman
    Product development rule #1: Never fix what isn't broken without extensively testing with your power users first.Sounds like Sonos learned this lesson the expensive way. The best app updates are the ones users barely notice but secretly love.
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    Thinking of writing up some stories from our time @final, at least ones that can be told publicly. Anyone wanna hear about the struggle?
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    The first question I ask founders when they ask for bank intros is "Have you talked with Joseph A Banks?" Few understand this is the ultimate fintech partner
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    Here's why I'm short @Plaid. Quovo will eat their lunch, Yodlee is the incumbent in market and honestly what if Google does it? Anyone got any other bear case cliches for me to quote?
    Exciting news to share today -- @Plaid is staying independent: businesswire.com/news/home/2021… Why?🤔 As fintech explodes, the infrastructure underpinning it has become increasingly important. @zachperret and team are just getting started. The opportunity here is $50B+, not $5B. 🚀