Rex Salisbury Profile picture
Founder & GP @ Cambrian VC (pre-seed/seed in fintech). https://t.co/sf8DhZK8Y3. ex Partner @a16z fintech. +1 @amdulin.
Aug 6, 2022 5 tweets 2 min read
1/ the biggest profit pool ripe for disruption in finance:
$500+ billion in interest income.

banks pass along less interest to their customers while making more than ever before. 2/ it looks even worse if you take into account inflation.

bloomberg.com/news/articles/…
Aug 5, 2022 4 tweets 2 min read
1/ spoke w/ @rebecca_szkutak from techcrunch on why the emerging managers (especially those whose fund's are mostly undeployed) are well positioned in current market.
🧵👇

techcrunch.com/2022/08/04/6-f…. 2/ the exit environment that matters to a fund like ours, which is investing very early, is more than seven years in the future, so the pain being felt later stage is less relevant.
Jan 21, 2021 14 tweets 4 min read
1/ The end of @simple and the rise of neobanks (a neobank is dead, long live neobanks!)

a story 👇 2/ When @simple announced it was shutting down this month, the news was met with dismay from both its customer base and the greater fintech community.

The arc of Simple, one of the first neobanks to enter the mainstream zeitgeist, was a harbinger for the rise of fintech.