Thought Leadership Threads

Every business has a core function. Some businesses make athletic shoes while others make wide screen televisions.
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What’s become clear over the past week is that many people don’t understand what Banks actually do.
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A simplified explanation if you're interested:🧵👇

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The rapid erosion of value in SVB's bond portfolio made plain the power of math and markets and how they can turn against you like an unexpected flash flood.
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Here is a simple explainer on basic bond math that is good to know even if you are not a bank CFO.

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There is lots of anxiety in the start-up community after SVB became the 2nd largest bank failure in US history.
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This is understandable. Lining up action plans with back up options is key.
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Undertake all planning and communication in a calm manner. This is in everybody’s interest

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The current spike in #inflation has lasted longer and is more challenging to manage than expected.
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The Fed is combatting inflation with increases in interest rates and the equity markets aren’t happy.
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Why have equities sold off and when does the recovery begin? 🧵👇

We’re in the middle of a crash and burn crypto cycle with “Exhibit A” being a handful of large lenders unable to meet their obligations due to “technical insolvency”.Could TradFi policies have prevented these meltdowns?The answer isn’t clear but is worth exploring.🧵👇

Buy-now-pay-later is not the same as traditional lending.

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Used successfully, BNPL creates a rare win-win-win for consumers, merchants and banks.

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When you deviate from what makes it unique, a cascading failure takes place and everything breaks down.

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Here's why it is important.

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A crypto mortgage? Is it possible? 🤨
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Web3’s potential has been building for years as it aims to correct major flaws with web2 constructs.
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But for many ideas, web3 Founders might have to build web2.5 versions first.
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Crypto mortgages fall into this camp: 👇🧵

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🚨Alert!🚨

There’s a lot of fanfare surrounding the lending volume flowing through DeFi rails.

Something interesting is happening: Almost $50B has been locked in DeFi lending vaults REALLY quickly.

Get your popcorn out...Red Pill "Week 5" thoughts on DeFi lending: 🧵👇

It’s been fun learning in public. I could write hundreds of tweets each week about my crypto journey. Instead, I’ll do my best to be topical and synthesize my learnings.

Today’s topics: DAOs, NFTs and Lending.