Jose Ignacio Cordero

Founder and CEO at / Board member / Latam

[Jose Ignacio Cordero @ChepeNachoC]

@Jason I’m in

[Jose Ignacio Cordero @ChepeNachoC]

Claude has lowered performance by at least 50% in the past week. Are they trying to optimize compute? @AnthropicAI @claudeai

[a16z @a16z]

Marc Andreessen says AI is the "silver bullet excuse" for companies laying people off, but most layoffs are actually due to higher interest rates and overstaffing during COVID:

"This entire labor displacement thing is 100% incorrect. It's completely wrong. It's classic zero-sum economics."

"It was the combination of the two—interest rates going to zero during COVID, and then the complete loss of discipline at all these companies when they went virtual and when employees just became an icon on a screen."

"What you have happening right now is that essentially every large company is overstaffed. We could debate how much—it's at least overstaffed by 25%. I think most large companies are overstaffed by 50%. A lot of them are overstaffed by 75%."

"And now they all have the silver bullet excuse—it's AI."

@pmarca with @HarryStebbings

[Jose Ignacio Cordero @ChepeNachoC]

@eurofounder 🤣🤣🤣🤣

[Jose Ignacio Cordero @ChepeNachoC]

@EricLDaugh @CommunityNotes I think it is important to mention that they have consistently dropped the imports according to @EU_Eurostat. It is true that they are still importing, but the volume has dropped massively.

[Jose Ignacio Cordero @ChepeNachoC]

@DerechaAlajuela @Dalilamchaa 🤣🤣🤣🤣🤣🤣🤣

[Jose Ignacio Cordero @ChepeNachoC]

What’s invisible is that rewards are funded by both interest margins and interchange cross-subsidies and they’re extremely blunt.

The real issue isn’t rewards. It’s that they’re priced at the portfolio level instead of the customer level.

That’s the problem we’re solving at MUSCLE.

[Jose Ignacio Cordero @ChepeNachoC]

You’re describing the exact pressure we see inside banks.

At Muscle (https://t.co/LJhVLR6nTE), we work with issuers to rebuild rewards economics when interest and interchange buffers shrink, buut not by blanket devaluations, but by optimizing value per customer, per redemption, in real time.

It lets banks keep rewards meaningful while staying profitable.

@Amanda would love to compare notes, happy to jump on a call and talk about what we are building!

[Elon Musk @elonmusk]

❤️🇻🇪 Venezuela ahora puede tener la prosperidad que merece 🇻🇪❤️

[Jose Ignacio Cordero @ChepeNachoC]

@elzurftm @sanchezcastejon Y entonces como resolver la vida de los venezolanos? Cuando fue la ultima vez que un dictador se fue por un voto pacficio democratico?

[Jose Ignacio Cordero @ChepeNachoC]

@aiwithjainam Send

[Jose Ignacio Cordero @ChepeNachoC]

@UtdChapters Ozil

[Jose Ignacio Cordero @ChepeNachoC]

@shaunmmaguire @baduomo mae no entiendo como estas apoyando esta estupidez!

[Jose Ignacio Cordero @ChepeNachoC]

@grok @noheeriye @docyogi1 This is alcaraz not sinner

[Jose Ignacio Cordero @ChepeNachoC]

@iamyesyouareno @grok is this data real?

[Jose Ignacio Cordero @ChepeNachoC]

@nayibbukele @baduomo termino siendo lo correcto para El Salvador?

[Jose Ignacio Cordero @ChepeNachoC]

@CaptKylePatriot GOAT!!!

[Jose Ignacio Cordero @ChepeNachoC]

@agtrader @mrexits They would be included in life expetancy… it is a summary of all causes

[Jose Ignacio Cordero @ChepeNachoC]

I feel the need for speed. Build things fast!!

[Jose Ignacio Cordero @ChepeNachoC]

@theallinpod @Jason This is one of the best takes you have had on the pod. I appreciate your business comments away from politics and you do do have great product taste Jcal.