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fintechjunkie
@fintechjunkie
Founding Partner 37Maru. Co-Founder QED Investors. 7X Forbes Midas List. Author of ArrowProof. CEO of a new fintech company in stealth mode!
Virginia
37maru.com
Born September 4, 1970
Joined April 2015
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  • Pinned
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    fintechjunkie
    @fintechjunkie
    Mar 3
    What if the best startup advice came wrapped in a story you couldn't put down? It’s finally here! After a year of hard work and many sleepless nights, I can finally say that my book has been published. Amazon and Ingram links are in the comments if you want to pick up a copy for
    25K
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    fintechjunkie
    @fintechjunkie
    Dec 2, 2021
    It didn’t take me long in the crypto world to realize that it’s an ecosystem being fueled by the “House Money Effect”. Having spent countless hours in the world of high stakes poker I recognized it instantly and now can’t stop seeing it everywhere I look. A short 🧵👇
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    fintechjunkie
    @fintechjunkie
    Oct 23, 2021
    Six questions you should ask yourself about yourself if you want to accomplish great things in life. 🧵👇
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    fintechjunkie
    @fintechjunkie
    Jan 8, 2021
    1/26: It’s hard to produce a 3X+ #VC fund. It’s much harder to do this consistently. Our first 4 funds are mature enough to know where they’ll end up and all of them will handily beat this benchmark. I reviewed our portfolio this morning and jotted down 12 notes. Shared:
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    fintechjunkie
    @fintechjunkie
    Nov 22, 2021
    Last week I took the red pill. Here are a few of my “week 1 observations” from my early steps into the land of crypto/web3. 🧵👇
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    fintechjunkie
    @fintechjunkie
    Nov 27, 2020
    1/30: There’s a supply/demand imbalance in the startup world (too much capital/not enough great companies). This means it’s a great time to be a Founder if you have an epic idea, but how do you know if your idea is any good? I asked some amazing VCs and here’s their advice:
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    fintechjunkie
    @fintechjunkie
    Dec 2, 2021
    Replying to @fintechjunkie
    So while there are a lot of interesting innovations taking place in crypto, I can’t help but hope that we never experience a crypto winter or NFT wipeout that creates tens of thousands of “broken” people. I’ve seen it happen to a few people in my life and it isn’t fun to watch.
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    fintechjunkie
    @fintechjunkie
    Jan 10, 2023
    Last night I lost my dad. He was 93 and lived a full life. I’m not a very emotional person but I am good at writing down my thoughts, so this is a small tribute to my dad and an attempt at sharing how he shaped who I am today. 👇👇👇
    276K
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    fintechjunkie
    @fintechjunkie
    Mar 26, 2021
    1/25: We’re witnessing one of the most exciting periods in VC history. Funding is flowing freely, valuations are stratospheric and gigantic exits have become the norm. As a VC this should feel great, but does it? Maybe not. What follows is a rant that bears my soul on the topic:
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    fintechjunkie
    @fintechjunkie
    Feb 12, 2022
    Being new to crypto means making costly mistakes. I’m not scared to share 11 of the mistakes I’ve made along the way. Please cry with me: 🧵👇
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    fintechjunkie
    @fintechjunkie
    Dec 2, 2021
    Replying to @fintechjunkie
    For those of you unfamiliar with the House Money Effect, it’s a theory used to explain the tendency of investors to take on a much greater risk profile when reinvesting profit earned through investing than they would from money earned in other ways (i.e. - wages).
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    fintechjunkie
    @fintechjunkie
    Dec 2, 2021
    Replying to @fintechjunkie
    After spending a few weeks in cryptoland I feel like I’m back in 2005 trying to talk an 18-year old millionaire into opening an IRA. The House Money Effect is at play but magnified to a never-before-seen level in the history of humanity due to the magnitude of the winnings.
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    fintechjunkie
    @fintechjunkie
    Dec 2, 2021
    Replying to @fintechjunkie
    The estimates I’ve seen imply that there are over 100,000 crypto millionaires. Of this, almost 10,000 are worth at least $10MM. The impact of the House Money Effect on the ecosystem with this much House Money at work is mind boggling but it explains a lot.
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    fintechjunkie
    @fintechjunkie
    Aug 28, 2020
    1/19: The most disturbing trend I’m seeing in the early stage fintech ecosystem is the raising of 2-3 back-to-back rounds with minimal progress in-between. Unpacked: