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Five Mid-Year Predictions for Web3

Tom Tunguz

The attack on an algorithmic stablecoin’s peg harkens back to Druckenmiller breaking the Bank of England. Basel IV will mandate that any stablecoin issuer become a bank and keep a minimum level of tier 1 and 2 capital. The first three Basel Accords set the minimum amount of capital a bank must hold. Consolidation.

Banking 238
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The Secrets to Scaling and Growth in Uncertain Times with monday.com Co-Founder and Co-CEO Eran Zinman

SaaStr

Picking Your Core Verticals and Selling Outside of “Tech” 70% of Monday’s customers are non-tech — real estate, banking, construction, and even churches. Surprisingly, churches and construction companies signed up. That’s more cash in the bank than they ever raised from VCs or the public market. Was this strategic?

Scale 169
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Bonus Clouded Judgement 6.5.23 - Upcoming Liquidity Crunch?

Clouded Judgement

The central bank has several tools at its disposal to implement monetary policy. Open Market Operations: This involves buying and selling government securities to influence the amount of money in the banking system. Discount Rate: This is the interest rate charged to commercial banks for loans received from the central bank.

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10 Lessons Learned after $5B of M&A

Tom Tunguz

The deal sponsor must construct a business case, forge trust with the startup’s team, and amass enough conviction to overcome inertia and internal friction to consummate the sale. The deal isn’t done until the money is in the bank. Startups are sold to individuals, not to companies. Be wary of first-time acquirers.

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My Mental Model for the World of Crypto

Tom Tunguz

Asset acquirers - these include brokerages, custodial and non-custodial wallets, banks, asset managers, hedge funds, market makers, and lenders. Then they plan to cross-sell other financial products, much like a modern bank or brokerage. Let me know how you think about the ecosystem and where this construct falls short of reality.

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To Really Scale, You Need $1M on Your Balance Sheet for Every $2M in ARR

SaaStr

” It can happen, at least, as a construct, to anyone. I.e., if you are $6M ARR, you need >=$3m in the bank to invest in hiring, etc. As CEO/founder, once you’re at even just $3m or so in ARR, and have a few good VPs on the team … really your #1 job is to empower them. Don’t let it be you.

Scale 341
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29 Latin American SaaS Superstars

SaaStock

Its focus is on helping companies handle financial routine and streamlining processes related to accounting, banks, stock, and electronic invoicing, among others. With Colppy, businesses can also work more effectively with their banks and accountants. ContaAzul is a business management platform for small businesses created in Brazil.