Dan Akivis Profile picture
fintech VC @RosecliffVC, ex-LP investor at family office, ex-Equity Research, @SternMBA
Apr 8, 2021 6 tweets 3 min read
Lets talk about late-stage dynamics and what's happening in the market. TL:DR - valuations will continue to go up as crossover funds continue to aggressively lead rounds. Here's how I see it 👇 First, some back of the envelope math re: #TigerGlobal latest fund ($6.65B). Lets assume its 75%/25% initial to follow on capital. That means they need to deploy $4.5B net of fees initially. To deploy $4.5B, if you write $50-$100M checks,
Mar 8, 2021 11 tweets 6 min read
Durbin-exempt banks are powering the new wave of fintechs. Here is what it takes to successfully partner with these banks 👇

Full report here: danakivis.medium.com/a-tale-of-symb… First a bit of background: Banks differ in their core competencies. Banks like @MyLSB are focused on debit and savings products, WebBank and @crossriverbank are focused on credit products, and @EvolveBank is focused on a bit of everything.