Mark Simmer

[Mark Simmer @MarkSimmer]

@boardyai Specialty finance credit options focused on asset-backed lending for early and mid-stage originators.

[Alonso Silva @alonsosilva]

LLM generating random numbers

[Mark Simmer @MarkSimmer]

@roshanpateI Wait a minute…

[Val Katayev @ValKatayev]

Look at this kids face.

He was making $500K per cold email sent.

Earned $10M+ profit in the first year of his business. Sold it and "retired".

Here's what his business was and how he built it: (this is my story) 👇

[Mark Simmer @MarkSimmer]

@forced_long @LancasJosh X-axis is months since origination (or potentially months since the loans were securitized). Cumulative net loss is the loss (net of recoveries) divided by the original principal balance of the loan portfolio.

[Mark Simmer @MarkSimmer]

@ramahluwalia @HOlivestone @crossriverbank Congrats Ram!

[Jackie Reses @jackiereses]

Today we released a PPP impact report for @Square Capital: we’ve facilitated $820M loans to more than 76,000 small, independent businesses. Our average loan is less than $11,000. A few key trends stood out:
https://t.co/ekCDntF2PH

[Christina Farr @chrissyfarr]

I spoke with several health system CEOs for a story who told me they are losing $5 million per day because they're cancelling high-priced elective surgical procedures in the midst of the pandemic.

Me: Right... You mean per week.

Them: No. Day.

[Mark Simmer @MarkSimmer]

2/2The risk is no longer in locking down, it’s in not locking down enough.

[Mark Simmer @MarkSimmer]

1/2 think it’s worth noting: the #stimulus is designed to cover a massive, nationwide #lockdown to control the outbreak. If we don’t sufficiently lockdown we risk wasting the opportunity and could find ourselves still struggling with the outbreak months from now.

[Mark Simmer @MarkSimmer]

@rajatsuri There will be such an unbelievable data set to work from - multiple countries, cities, counties. Timing and type of response of mitigation efforts. Likely detailed data available across dozens or hundreds of variables.

[Mark Simmer @MarkSimmer]

@GearoidReidy Re: masks - this study (pre-outbreak) looks at how effective general mask adoption is at controlling flu epidemics. Assuming covid spreads similarly, they can be highly effective if used broadly. https://t.co/JXu2fXh9nm

[Nicholas A. Christakis @NAChristakis]

Let’s talk about what happens if you get COVID19 and recover. Are you immune to the disease? How long does the immunity last? And what does that mean for your life and for the public health and economy of our society? 1/

[Alex Song @alexsongis]

Update: Decline in Restaurant Traffic https://t.co/YozZWdW4tV

[Arnold Schwarzenegger @Schwarzenegger]

Stay at home as much as possible. Listen to the experts, ignore the morons (foreheads). We will get through this together.

[Lloyd Blankfein @lloydblankfein]

I don’t seem to be having much trouble getting people to “social distance” from me.

[Laura Gao ☕️ @heylauragao]

This is the medical team from Wuhan responsible for recovering 50K+ patients in just a few months. They're now risking their lives again to help out Italy. Rag on China all you want for the mishandlings early on but you can't deny that these people are true selfless heroes.

[Sequoia Capital @sequoia]

Founders & business leaders: We sent this note to Sequoia founders/CEOs to provide guidance on how to ensure the health of their business while dealing with the consequences of the coronavirus. We hope it's helpful to you during these turbulent times. https://t.co/SRuqVGT8vD

[Ryan Shea @ryaneshea]

This ain't the flu folks, don't let anyone tell you otherwise

[Itai Damti @itaidamti]

I'm becoming more and more convinced that banking-as-a-service winners will be those building the boring things nobody talks about: bank oversight, complaint management, deposit load balancing, flexible product terms.