Super excited to work with Jude and the Golden team!

Laura Edelson Excellent thread.
Thank you for stating what should be obvious to everyone, Laura 🙏

🚨 BREAKING: Synapse to sell assets for just $9.7 million, Evolve will cover any shortfalls in end-user funds, bankruptcy filings reveal.

Other interesting bits:

-At the time of the bankruptcy, Synapse had approximately 100 fintech clients with a total of about 10 million end

We're delighted to welcome Payflows to the Balderton portfolio! Payflows offers a one stop SaaS platform for finance teams, that seamlessly integrates essential tools and workflows together.

We couldn't be more excited to for the journey ahead🚀

hubs.la/Q02tzRWF0

Extraordinary stuff. At this stage, Wayve is one of the most impressive AI companies anywhere, and it’s based right in the heart of London. Congratulations Alex Kendall and team!

There's no fundamental reason Brits should be more pessimistic than other countries about AI, yet we are.

If anything, as an innovative nation of early adopters, we should be broadly optimistic.

But if the narrative that somehow transformer models means the end of all

Wow. Revolut is really building a global business.

Today- they got a banking license in Mexico and authorization to issue prepaid cards & wallets in India.

Like in Mexico, they have been working on this in India for years.

I am looking for a new Chief of Staff for Photoroom. Someone who can drive clear communication, totally at ease with data, and get things done with limited resources. No problems should be too small or too big for you. The ideal candidate has both startup and consulting/VC

1/ A 🧵 on UK stockmarket - Today we announced a capital raise at a significant premium to the share price and an intention to delist from the London AIM market. Firstly, I am obviously sorry for the loss of liquidity/tax benefits that some retail investors will lose. That said,

When DTC marketing teams see ROAS decline, they blame a systemic flaw that will result in long-term platform abandonment and spend diversification. When they see ROAS increase, they ask for raises.

'As a society, we focus a tremendous amount of energy on helping people live longer lives. But not even a fraction of that effort is spent helping people afford those extra years.' blackrock.com/corporate/inve…

The first three software companies I worked at all went public in the $30M to $50M revenue range.

Now, we're saying they need to be $700M or they're sub-scale.

This locks individual investors out of the market for innovative companies. You could buy Business Objects or Oracle

As a VC, should you spend more or less time with your struggling companies? It's an age old debate. I heard an LP on a recent podcast state they wanted their GPs to only spend time with their 'Tier 1 & Tier 2' companies. A founder I know well confided to me his lead VC told him

Learning how to do VC? Take every pitch you can. That doesn't mean wasting an entrepreneurs time!

You need reps and so do they. It will be hard to predict which founders blow you away.

Some of the investments I made in my first year while I was still learning ended up being

New blog post:

The Art and Science of Figuring out Your CAC Payback Time

Some readers might find this topic a little dry, so I've added a creative Midjourney image. Enjoy. ;-)

medium.com/point-nine-new…

What the? “The UK announced the unveiling of The Ever-Changing Statue in New York City, a distinctive, 3D-hologram installation designed to highlight the UK’s strengths as the third largest destination for tech investment in the world” venturebeat.com/ai/u-k-s-tech-…

Robinhood is a lending company.

Fintech VCs need to stop saying they won't invest in lending companies.

Robinhood is $18 billion mkt cap and their revenue growth is coming from...Lending.

Robinhood Gold drives most of their revenue growth and Gold monetizes primarily

. Evernote The only reason I and many others were still using you is because you worked offline. You seem to have given up on this. Unless you can fix in next few weeks I am done (finally...) discussion.evernote.com/forums/topic/1…

Thank you Dogpatch Labs for hosting me and my Balderton Capital colleague Laura McGinnis for a fireside chat in Dublin yesterday. Great discussion and look forward to being back again soon

Last week I spoke to dozens of large financial services companies buying GenAI solutions. They are doing record numbers of PoCs, but few are converting.

Good for Accenture, tough market to navigate for start-ups.