Peter

serial operator + investor in fintech, B2B SaaS, AI; @lithic prev: @m12vc, @getvgs, @jobyinc; exited to @jpmorgan; head of @Visa Ventures; stats nerd

[Peter @peter]

If the grass is greener on the other side, try watering your own lawn.

[Olivia Moore @omooretweets]

Sometimes you see a graph that stops you in your tracks

October makes September look like a rounding error 👀

Never seen anything like this in my decade as an investor…

[Peter @peter]

@vigstar1 Had a great time nerding out on payments with you, @vigstar1!

Also, Twitter (or X 🙄) remains undefeated for turning online convos into IRL connections.

[Peter @peter]

@rywiggs @mercury @BankofAmerica Same - it was my first account and I still have a legacy account but I intend to close it because of fees and basically uselessness. They might have a large customer base but there’s no innovation there.

[Peter @peter]

Two very different approaches to AI in banking:
Mercury is building Agent Controls to give customers visibility into & control over agents
Bank of America warns users against sharing logins and pushes liability to the customer.

One is building for the future; the other is writing disclaimers.

[Peter @peter]

@jsfranklin221 @mercury @BankofAmerica Oh, they're gonna see some business transformation, alright. Just might not be the kind they like.

[Peter @peter]

@BexelInitiative @mercury @BankofAmerica Mercury is approved for a bank charter.

The reality is consumers will use AI agents sooner or later. Mercury is building controls & visibility, whereas BofA is discouraging use. In my experience, avoiding new tech is not sustainable. Better to enable it in a palatable way.

[Peter @peter]

1. why not just stream from your phone on Starlink wifi?
2. Spotify offline downloads also solve this

[Sawyer Merritt @SawyerMerritt]

United Airlines has announced that passengers will be able to stream content from their personal Spotify accounts on their @Starlink-enabled seatback screen.

United is the first airline to offer this capability.
• Passengers scan a QR code to access their Spotify playlists, music, podcasts, audiobooks and videos.
• Content can resume right where passengers left off.
• Passengers can use their phones as remotes to control playback.
• The feature will expand to half of United's fleet by spring 2027.

United says Starlink Wi-Fi is now available on more than 50% of its daily flights, with fleetwide installation expected to be completed by the end of 2027.

[Peter @peter]

@PhilipQiu5 @getVGS @basistheory VGS touches about 1/3 of all e-commerce, and over-indexes in agentic use cases. My team built our network & product partnerships, but I'm not on the inside anymore, so I'll let VGS share whatever they're comfortable. :-)

[Peter @peter]

The final stage is you realize @getVGS is working with nearly all major players in agentic commerce these days and you just decide to use them for tokenization on the acceptance side, and @lithic for native agent-ready card issuance.

[Philip Qiu @PhilipQiu5]

"So first you're going to try Stripe Link because of the brand name. You're going to realize that user experience sucks and your purchases are failing. Then you're going to go to Shop Pay because they sit closer to the merchant. You'll soon realize that Shop Pay is the exact same thing wrapped under a new name. Then you're going to try VIC and AgentPay only to realize that everybody uses Chase cards and those purchases don't go through. At that point, you finally come to the conclusion you should have had an original thought and used raw PANs (securely) the whole time and focused on purchases actually going through."

Instinct is currently on step 2

[Peter @peter]

@2JohnJackJohn2 Thanks Jack 🙏

[Peter @peter]

A giant has fallen.

[Peter @peter]

@gentryld Such a good quote. I’d forgotten about this, so thanks for resurfacing it!

[Peter @peter]

I hope for Seth's sake he still feels this way when he's an old man. The hard parts of parenthood are easy to describe, but the joy is nearly impossible to put into words.

It's easy to comprehend the drudgery of parenting. But how does one put into words that your heart feels like it will explode with joy & love when seeing your kid unlock a new skill or hearing them say, "I love you," as you tuck them into bed?

[Rocco @_roccosv]

Seth Rogen says he and his wife are now more grateful than ever that they decided not to have children he’s not afraid to explain why.

He admits they used to question whether they’d made the right decision, but now their conversations have shifted to, “Honestly, thank God we don’t have children.”

His reasoning? They’re in the prime of their lives, understand themselves better than ever, and have the freedom to pursue their careers, enjoy life, and build the kind of relationship they’ve always wanted.

But Seth took it a step further, saying he sees people with children struggling to find the same time for work and personal enjoyment that he and his wife have.

“I seem to get a lot more active enjoyment out of not having kids than anyone I know seems to get out of having kids.”

That statement will probably divide people. Some see raising children as life’s greatest joy, while others believe a fulfilling life doesn’t have to include parenthood.

Do you think Seth has a point, or is there a kind of happiness you can only understand after having children?

[Gentry Davies @gentryld]

"One of the nice things God does, is that he doesn't let people who don't have kids know what they're missing."

- Warren Beatty

[Peter @peter]

@pbreit More to the point of Seth’s commentary, I was once very content without children and questioned whether I even wanted them. Now that I have them I’m so glad I do. Maybe others might find the perspective helpful.

[Peter @peter]

@pbreit Why ever express an opinion about anything?

[Peter @peter]

@RakeshSFNYC Unfortunately, it was someone much better. https://t.co/vKnLEb22D7

[Peter @peter]

Joseph Saunders was a payments industry legend. He oversaw Visa’s evolution from a private bank-owned association to a for-profit entity, taking Visa public in the largest IPO in US history at the time. He guided Visa through a transformative era in payments, navigating regulatory changes (Durbin Amendment) and Visa’s expansion into digital payments. But more than that, Joe was a wonderful human being, with a strong moral compass, a deep love for his family, and a fantastic sense of humor. RIP, Joe. ✌️

https://t.co/7IsYEmFlAO

[Peter @peter]

@ryansconway https://t.co/vKnLEb22D7

[Peter @peter]

Joseph Saunders was a payments industry legend. He oversaw Visa’s evolution from a private bank-owned association to a for-profit entity, taking Visa public in the largest IPO in US history at the time. He guided Visa through a transformative era in payments, navigating regulatory changes (Durbin Amendment) and Visa’s expansion into digital payments. But more than that, Joe was a wonderful human being, with a strong moral compass, a deep love for his family, and a fantastic sense of humor. RIP, Joe. ✌️

https://t.co/7IsYEmFlAO

[Peter @peter]

@amyfriar_ https://t.co/vKnLEb22D7

[Peter @peter]

Joseph Saunders was a payments industry legend. He oversaw Visa’s evolution from a private bank-owned association to a for-profit entity, taking Visa public in the largest IPO in US history at the time. He guided Visa through a transformative era in payments, navigating regulatory changes (Durbin Amendment) and Visa’s expansion into digital payments. But more than that, Joe was a wonderful human being, with a strong moral compass, a deep love for his family, and a fantastic sense of humor. RIP, Joe. ✌️

https://t.co/7IsYEmFlAO

[Peter @peter]

@babushka99 https://t.co/vKnLEb22D7

[Peter @peter]

Joseph Saunders was a payments industry legend. He oversaw Visa’s evolution from a private bank-owned association to a for-profit entity, taking Visa public in the largest IPO in US history at the time. He guided Visa through a transformative era in payments, navigating regulatory changes (Durbin Amendment) and Visa’s expansion into digital payments. But more than that, Joe was a wonderful human being, with a strong moral compass, a deep love for his family, and a fantastic sense of humor. RIP, Joe. ✌️

https://t.co/7IsYEmFlAO