Rick Chen

@AvenCard communications. Cover @Cal @CalAthletics at @WriteForCal. @HackerNoon @SBNation bylines. Ex-@teamblind @metromile @GustoHQ @creditkarma spox/PR.

[Anthony Pompliano 🌪 @APompliano]

Credit card interest rates are way too high.

What if you could create a credit card that had an interest rate below 10% to solve the problem.

This is what @SadiSKhan and Aven have done. Fascinating business & discussion.

[Rick Chen @seriouslyrick]

The system might be broken if even super prime and prime borrowers pay 20%+ interest rates for credit.

@AvenCard CEO @SadiSKhan and @APompliano dig into why this happens and how people can fight back

https://t.co/pepa8qevU0

[Anthony Pompliano 🌪 @APompliano]

Credit card interest rates are way too high.

What if you could create a credit card that had an interest rate below 10% to solve the problem.

This is what @SadiSKhan and Aven have done. Fascinating business & discussion.

[Olivia Moore @omooretweets]

There’s a whole community of people who find peace in not understanding SF startup billboards…and I think that’s beautiful

[Matthew Keys @MatthewKeysLive]

It pisses me off when journalism is behind a paywall.

It pisses me off when news websites are full of ads.

Okay — tell me how to fund journalism? Because we need to pay our bills, too.

[Hannah Riley Fernandez @hannahcrileyy]

actually if you’re an expert in anything (and I use that term broadly) one of the most useful things you can do with your knowledge is share it with journalists on background so the story is reported more accurately! talking to press isn’t a vanity project it’s public education

[Aven @AvenCard]

Have Bitcoin? Unlock up to $1 million at 10X longer than the industry standard with the Aven Bitcoin Visa Card. Apply now at https://t.co/oDl7Mb8wMs.

See https://t.co/oDl7Mb8wMs for more details and disclosures.

[Jeff Kauflin @JeffKauflin]

Silicon Valley fintech Aven has a new credit card that lets you put up bitcoin as collateral to access a credit line of up to $1 million, at an interest rate as low as 7.99%: https://t.co/Iuowa8hJz6

[Sadi @SadiSKhan]

Today we are excited to announce the launch of Aven Bitcoin Card with the world’s lowest APRs and longest terms for borrowing against your BTC - with lines going upto $1MM.

Since we started Aven - our mission has been to reduce the cost of capital for consumers - today we are continuing on our mission with digital assets.

We’re just getting started !

https://t.co/35AL2Z92lP

[TFTC @TFTC21]

Why Aven's Bitcoin-backed card is different from unsecured credit cards.

"Every customer at Aven goes through income verification. We make sure you have the ability to pay this loan. We'll do the same for our Bitcoin-backed product." - @SadiSKhan

[Rick Chen @seriouslyrick]

Finally, Cal goes direct.

[Amanda Christovich @achristovichh]

NEW: Cal has posted about 20 new jobs for its 'Strawberry Creek Studios' content venture that it announced shortly after informing staffers of major layoffs.

The job postings, reviewed by @FOS, provide insight and suggest a $1M+ investment in the venture.
https://t.co/6GILOGE2xU

[Sadi @SadiSKhan]

Machine Banking is coming.

I spoke with @rabois about how fintech is moving to software-driven systems. We discuss automation and agentic-systems as a core advantage, underwriting and infrastructure as products, and why talent density is what will matter most.

Watch the full interview: https://t.co/Xt40NxvjQ5

[Rick Chen @seriouslyrick]

New: @AvenCard CEO @SadiSKhan and @khoslaventures managing director @rabois discuss what the future of finance looks like in the AI age.

Hint: The best #fintech companies look more like software companies than banks.

https://t.co/uYRgg2eslF

[Keith Rabois @rabois]

New podcast w the incomparable @SadiSKhan of Aven on the future of finance (in the age of AI): https://t.co/1nj9mi3dpj

[Rick Chen @seriouslyrick]

@Hereaux_KB @rob11hwang @CalAthletics The creek predates the university. The campus is built around it, so for brand or messaging purposes, the creek can also be a reference to the “heart” of Cal (geographically and figuratively)

[Rick Chen @seriouslyrick]

Nominative determinism yet again

[Reddit Lies @reddit_lies]

>ceo named Kirby
>wants to absorb another company

[Rick Chen @seriouslyrick]

Spot on - @AvenCard has issued billions of dollars in credit lines, saved hundreds of millions of dollars in interest payments and unlocked wealth for thousands of American homeowners

[Raymond Tonsing @tonsing]

Just wait till folks discover what @AvenCard has done w sub 100 employees. Doing it w style well before it was a thing. 😉

[BetMGM 🦁 @BetMGM]

Fernando Mendoza: Leaves Cal, goes to Indiana and wins the Heisman and National Championship

Andrej Stojakovic: Leaves Cal, propels Illinois to the National Semifinals

Marta Suarez: Leaves Cal, leads TCU to the round of 8

If you want to win, get a transfer from Cal

[Aven @AvenCard]

We're proud to share that Fast Company has recognized us as one of their Most Innovative Companies in finance. Our team has been hard at work building our machine banking platform to rethink how consumer credit is built and delivered. This feature reflects how we've tripled our customer base in the last year, issued more than $3 billion in credit lines and helped homeowners save over $215 million in interest. Read more in Fast Company: https://t.co/G0u7nnpw0i

Aven Financial, Inc. dba Aven. NMLS # 2042345. https://t.co/GzYSGrt7kO The Aven Card is issued by Coastal Community Bank, pursuant to a license from Visa U.S.A., Inc. Aven Accounts are made by Coastal Community Bank, Member FDIC, NMLS #462289. Subject to credit approval. Certain terms and conditions may apply. Visit https://t.co/QLVY5fF59s for details. Equal Housing Lender.

[Rick Chen @seriouslyrick]

@Oskisstraw But potential and current donors want access or the feeling of access to the coach for their contribution

[Rick Chen @seriouslyrick]

@TwistNH7 Prestige for historical reasons: NIT came before March Madness. NIT and March Madness are both run by the NCAA.

The Crown is new and run by Fox.