Suzanne Dannheim

Banker @ereborbank | Survive and advance

[Suzanne Dannheim @dannheim_]

It is remarkable how many people in the exit row, after being asked for a clear verbal “yes” that they’re able to help in an emergency, respond with other things

Head nods, half-smiles, “my wife says yes for me 🤣”

anyways, see you at BTC Vegas

[Jeff Morris Jr. @jmj]

Jamie Dimon was asked about @ereborbank at Hill & Valley. It was my favorite moment of the day:

"I wish them success. We have millions of competitors. If they can do something better than we can, go for it — that's competition.

We've lost a lot to competitors over the years. We've done a lot well, but we also didn't build Stripe. We didn't do some of what Block did. We didn't do Revolut. I want to stay conscious of that.

We know we get our asses kicked every now and then. And if they do a great job for a certain constituency, I can compete with them and do better — or they can compete with me and do better. Both are fine."

[Count Dooku @bobboobobobo]

If we are serious about getting our TFR above 2.1, we need an executive order making all dining tables pentagons right now. Square tables imply below replacement level TFR!

[Diogo Mónica @diogomonica]

https://t.co/vNscOVOzzF

[Palmer Luckey @PalmerLuckey]

The real bank for real Americans doing real things!

The cutting-edge business model is based on next-gen concepts like "don't let your client's money disappear", "care at all about national security", and most importantly, "the market sometimes goes down".

[TBPN @tbpn]

BREAKING: @ereborbank secures final OCC approval, becoming a U.S. national bank

[George Lewin-Smith @iam_gls]

My parents are both lawyers, as is my sister - I come from a legal background. If you have worked at an enterprise, you'll understand the importance of liability risk when deploying new technology. Insurance is a risk transfer mechanism, from an enterprise (or individual) to an insurance market. It's the perfect solution to unlock adoption and enable confident innovation.

AI insurance is the biggest horizontal opportunity for the economy. Every organisation, in every industry is using more and more AI until the only risk remaining will be AI risk. Transferring risk from your enterprise, in an environment of uncertainty, creates certainty - especially when you have the Lloyd's of London (A+ credit rated) market taking the risk for you!

I started @testudoglobal when I saw the AI deployment risk problem staring me in the face and traditional insurance policies absolutely not covering this new amazing technology. We will unlock the AI economy and have a great adventure with great people in doing so. The launch of the AI insurance category with our first product is us executing on our vision of insuring the AI economy.

If you are an enterprise grappling with AI risk, we can help you! If you are a broker wanting to sell our product, please get in touch.

Onwards

[Suzanne Dannheim @dannheim_]

If your business has AI risk, you need AI insurance… @testudoglobal has arrived

@iam_gls is a 1-of-1 talent and what he is building at @testudoglobal is going to transform both AI (mitigating risk) and insurance (reinventing security)

[George Lewin-Smith @iam_gls]

Announcing the AI insurance category that we are pioneering at @testudoglobal, on @tbpn!

[Alec Dewitz @alecdewitz]

Insurance isn't where I expected to end up.

When I joined @testudoglobal six months ago, I didn't know much about AI risk or insurance, but I knew what a great team looked like.

One week in London watching them work was all it took.

Every enterprise is deploying AI, and nobody was properly covering the liability.

The team saw that opportunity years ago, and they were moving faster than anyone else.

This week we shipped our first AI insurance policy backed by Lloyd's of London.

This is only the beginning. Proud to be part of it.

[Nick van Eck @Nick_van_Eck]

Imagine being the CFO of JPM, the pinnacle of your career, only to be trotted out on stage to make the wholly unserious argument that stablecoins (regulated MM funds) rewards are "an obviously dangerous and undesirable thing" because they create competition for your bank.

[Suzanne Dannheim @dannheim_]

@grahamfergs @BobbyThakkar H/t @grahamfergs

Bobby, let me introduce you to Erebor

[Suzanne Dannheim @dannheim_]

Come hear the good word & say hello! Keynote on Thursday @SolanaConf in Abu Dhabi.

See you there xx

[Kate (Ksenia) Laurence @K_Laurence_]

At BCVC Summit, we ran a debate on one of the spiciest market-structure ideas of the year.

Watch the replay and vote on who made the better argument.

For founders + builders in crypto, here are the key takeaways 🧵

[Nick van Eck @Nick_van_Eck]

Choosing to work for a “casino” team is a skill issue. You could just work for any of the many high-integrity, focused teams in the space not building solely for a TGE. They exist across L1/2s, perps, yield+ stablecoins, lending, etc.

I could not be more invigorated to work ‘in crypto’ than right now. This is one of the few moments in human history where reinventing market structure, exporting capital markets to the world, and transforming credit/money is possible. If you wake up and are upset with how you spend your time each day you have the agency to change it.

[Bloccelerate VC @bloccelerate]

The debate "DATs: The Future of Crypto Capital Formation — or Just Hype" just wrapped up!

For DATs: @namdar (@BNBCHAIN) and James Zhang (@stsssol).

Against DATs: @dannheim_ (Ex @GoldmanSachs) and Shiliang Teng (Monarq Asset Management).

Special thanks to moderator Anjan Vinod (@paraficapital) for leading the conversation.

[Suzanne Dannheim @dannheim_]

Strong insight on NY housing dynamics and Mamdani implications from my favorite resource, @AEI

https://t.co/IoFiPMOqbB

[Suzanne Dannheim @dannheim_]

Good, brief summary of what the Mayor can/can’t do from @TheFP

“Tax the rich” requires Albany sign off and city council. “Freeze the rent” is perhaps hyperbole, the mayor appoints the Rent Guidelines Board which decides how much landlords of rent stabilized apartments can raise rent per year within a 3-4.5% max cap, so “freezing” that means RGB setting it to 0% for rent stabilized units - mayor can appoint RGB members. (Still certainly not something to brush off)

The likelihood is that Zohran will not implement material policy changes given the existing checks and balances; rather, he is the boss of all the Agencies. So, prepare for the degradation of services and public infrastructure, and a gradual descent towards chaos seen in more socialist cities like SF and LA

List of NYC agencies: https://t.co/fLhZ0yCeCL

The FP article: https://t.co/CrCoc0YR17

[Suzanne Dannheim @dannheim_]

@ViktorBunin Frustrating that fuck you money is a necessary pre-requisite to run with any chance of success

This was not true for the majority of America’s political history at the local/state/or even federal level (pre JFK as a benchmark)

[Suzanne Dannheim @dannheim_]

@KeithGrossman This post lifted me up. Well said, couldn’t agree more; your good reason has helped me fight the temptation of letting doom and gloom win today