Mike DeFeo

Mostly bikes and software. ex @plaid @jpmorgan

[Mike DeFeo @defeomike]

@RagingVentures They always viewed sharing data as competitive to their business as it enabled their customers to live more of their financial lives outside of the jpmc ecosystem. Now that CFPB is kneecapped and 1033 won’t be enforced, time to put a tax on competition.

[Mike DeFeo @defeomike]

@anothercohen at least he reached his cliff

[Mike DeFeo @defeomike]

@CharleyMa @wearetheswarm

[Mike DeFeo @defeomike]

@rexsalisbury @georgekontridze

[Mike DeFeo @defeomike]

@NWischoff If you think 50% failure is bad, try building a B2B use case on top of any of those aggregators.

We're focused on bank connections for business use cases at Basis - DMs are open if you want to talk product.

[Mike DeFeo @defeomike]

@paolobernasconi No summary but Bamsec is the best tool for digging in efficiently.

If you’re trying to get something done, lmk - I’ve spent more time than I’d like to admit in SEC filings.

If you’re wondering if there’s an opp here - definitely. At least one AI project related to this atm.

[Mike DeFeo @defeomike]

If you care at all about longevity, neurodegenerative disorders should be on your radar. Give this pod a couple hours of your time.

Kellyann is a beast. Proud to call her a friend.

[Mike DeFeo @defeomike]

@WheelerMcGowan Fraud is fraud!

[Mike DeFeo @defeomike]

Okay. It's not the worst chart fraud I've seen, but come on...

[Mike DeFeo @defeomike]

I was going to list the problems but I will resist.

[Mike DeFeo @defeomike]

Do I at least get a sticker after donation?

[Mike DeFeo @defeomike]

Why lose your money in the market when you could just give it to the government and disappear it?!

https://t.co/DYPFmZ1BiM

[Mike DeFeo @defeomike]

Would you like to pay more? Or just a little bit more? Or not more?

[Mike DeFeo @defeomike]

Favorite pricing experiment of 2023 so far

[Mike DeFeo @defeomike]

@ENERGY Shouldn’t we move towards electric heaters which heat water when demand on the grid dips?

It would be one of the best appliances for demand response and could even shift home heating demand

[Mike DeFeo @defeomike]

@itssophievo Well, if you’re offering…

[Mike DeFeo @defeomike]

@coneill_dev Not an oracle?? Boy, do I have the perfect capital instrument for you!

[Mike DeFeo @defeomike]

Especially true now that debt is not '$free-99

[David Haber @dhaber]

Was reminded of this today:

Debt is best used to finance a *predictable future*
Equity is best used to finance an *unpredictable future*

The more debt you take on, the more confident you need to be in your ability to predict the future...

[Mike DeFeo @defeomike]

@jsfranklin221 This trend will be even more pervasive in the Business Banking category, where customers’ interactions are complex and integration with third party tools is even more critical than in retail.

Operating a streamlined business financial stack is delightful - and good business.

[Mike DeFeo @defeomike]

@jsfranklin221 Modern cores will prevail.

There’s a path where the banks that are slow don’t need to migrate at all - their customers will simply go elsewhere.

This path will be driven by modern cores differentiating the experience for customers as much as possible.