Sean Safahi

Father, Catholic, Founder.

Now: Crypto x Private Markets

Before:
Abel (YC / GC)
Bold (acq. by Airbnb)

Book time here 👉

[Sean Safahi @scubasean]

Excited for @abelforlaw to be YC official, and thrilled to work with the indomitable @garrytan!

[Garry Tan @garrytan]

Abel (YC W24) can transform thousands of legal document and evidence into detailed chronologies, explainers and deposition summaries that normally would take discovery teams weeks to months to unearth

LLMs + custom entity extraction = results

https://t.co/0YB1PYn8cH

[Sean Safahi @scubasean]

@aliciakathrynn @intro 🙂always thrilled to connect with founders!

[Sean Safahi @scubasean]

After founding two startups and building at Airbnb, Netflix, and Expedia Group, I'm now opening up time on @Intro for 1:1 calls.

I know firsthand the challenges of bringing ideas to life, and one-on-one conversations can be invaluable in moving the needle and building a successful product.

Book time here 👉 https://t.co/mhZaNbYbDx

[Sean Safahi @scubasean]

@intro Grateful for the opportunity! 🙌

[Sean Safahi @scubasean]

@pitdesi @gunnr This is not the panacea it seems to be:

https://t.co/rGoQ55Jcwr

[Sean Safahi @scubasean]

@craigzLiszt @paulg The best cofounder paring is an extreme outlier + literally anyone else

[Sean Safahi @scubasean]

@bnj @variantui would be awesome to try!

[Sean Safahi @scubasean]

@tobi Hot take: meeting notes are not useful

[Sean Safahi @scubasean]

I want to, and generally do, agree with this direction, but:

1. Feels like there’s a long way to go before we trust agents to take on meaningful debt in our name.

2. A prepaid balance works well for the micropayment use case, because the agent is constrained by the balance, which inherently can be small.

[Sean Safahi @scubasean]

@SplitCapital What would you improve?

[Sean Safahi @scubasean]

The protocols and networks are open without slow moving gatekeepers (banks, but also PSPs, fintechs, etc) blocking access. Stablecoins are regulated, but much more accessible than sponsor bank partnerships. There can be thousands of crypto “bank-likes” where before there were only a handful of neobanks.

[Sean Safahi @scubasean]

@vanlancker @untitleddotnew I’d enjoy reading it!

[Sean Safahi @scubasean]

@houlgrave Merchants adoption is contingent on many consumers preferring to pay via crypto. Non-crypto native consumers need a reason to change their behavior. It needs to be at least as convenient as a card is today (credit, as easy as swiping). That’s more important than merchant tools.

[Sean Safahi @scubasean]

@philip0x Which features of a credit card would you add to a stablecoin wallet to make this? Surely you don’t need the rewards/benefits/branding. So, the revolving credit and maybe some form of dispute resolution?

[Sean Safahi @scubasean]

@brunoclz @mert Stablecoin funded prepaid cards are a poor stopgap. Curious how creditworthiness can be determined for an on-chain credit score? Would borrowing against crypto assets not provide similar credit?

[Sean Safahi @scubasean]

@bilalnst @mert what's being underwritten in the credit history? paying back collateralized loans? what can you do with the credit history?

[Sean Safahi @scubasean]

@doganeth_en I have 2 questions for you:

1) The Starbucks program works because the purchase is habitual and low value, so I can load $50, use it for a while and reap the rewards. Why do this with Amazon when I can get 10% yield elsewhere?

2) What happens to Stablecoins when rates drop?

[Sean Safahi @scubasean]

@awwstn here for the marge 🤝

[Sean Safahi @scubasean]

@nikitabier @jspujji Undo button, or inject the pre-reload posts into the reloaded feed, after a few of the new posts.