Wow.
Google is scrapping Google Plex, its checking account product that it was launching in partnership with a bunch of different banks (including Citi).
I have two immediate reactions…
https://t.co/3JYoQDGV6o
If twitter’s founders had pitched the site as a place where the smartest and most successful people in the world would go every day to debate idiots, would anyone have invested?
We were unprepared for the coronavirus pandemic, despite many prior warnings. It's not too early to ask why, and what we need to do about it. There is only one way to create the future we want. @pmarca
https://t.co/ArbLG4Xyvd
As COVID-19 continues to upend our routines, which will prove to be most lasting post-pandemic? Zoom happy hours? At-home virtual workouts? Telemedicine? Delivery services? Distance learning? Contactless payments? Virtual conferences? Increased WFH? Something else? #COVID19
Controversial opinion - most of my sector doesn't need these govt loans. Good co's w PE/VC backing can find capital to keep going even now. It's more important to get SMB's $$'s and $$'s to hourly workers. Feels dirty to me to see everyone in VC land scrambling for a handout...
Congratulations to @MariaDeam for being justly recognized on @InnFin’s Women in FinTech Powerlist 2019. A true ‘rising star’ in every sense, and someone I have been honored to work alongside the past couple of years. Kudos!
#citi#fintech#WIFPowerlist2019
Congratulations to #Citi's Sophia Bantanidis, Maria Deam & Ioana Surpateanu on being named to @InnFin's Women in FinTech Powerlist 2019. Read more: https://t.co/8dTLlfaKhi #WIFPowerlist2019
As early-stage startups navigate this new reality, many will struggle to keep the lights on. Kudos to @laurentgrill and @Luma_Launch for taking the initiative to identify VCs truly “open for business.”
#startups#fintech#venturecapital
https://t.co/4dzeU1P8TH
2/ With health risks and work instability as concerning and pressing as ever, it further highlights the delivery worker status issue. Makes me think this could come to a head sooner than later.
1/ Definitely a “Black Mirror” feeling watching Instacart workers risk their health to deliver groceries so consumers don’t have to. #gigeconomy#deliveryworkers
The startup bubble may burst and housing will likely flatten, but.....there will be a blank canvas for the next big thing. I suspect we’ll see some great innovation in the next 5 years. Google became great by hiring all the smart talent who lost their jobs in the dotcom burst.
And so it begins. With certain FinTechs already struggling to maintain normal operations in these uncertain times, and now with one of their core value props eroded, how many will be willing to leave the security of their traditional bank for a shiny new challenger? #fintech
Great to see #Citi Global Consumer Bank CEO Stephen Bird at @CBinsights#FutureFintech sharing how Citi has the fastest-growing mobile user base in the U.S.
Chris Britt, co-founder and CEO of America’s most successful challenger bank, @Chime, sharing the company’s lofty aspirations at @CBinsights#FutureOfFintech