Siddharth Dhankhar

Investments @lbvc, otherwise likely found debating politics or discussing sports

[Siddharth Dhankhar @tagsiddharth]

Facts around lending and payments as two fintech sub sectors

[Shruti Malhotra ‏‎ @Shruti_Malhotra]

@BlumeVentures @CNBCTV18News @CNBCYoungTurks @sajithpai @BKartRed Fintech
- most funded in 2023( has been for a few years now)
- Lending beats payments
- Payment cos extending into e-commerce

Indus Valley report by @BlumeVentures
@sajithpai

[Siddharth Dhankhar @tagsiddharth]

Keep coming back to this graph often

[fintechjunkie @fintechjunkie]

But the truth is that web3 is still squarely onboarding the earliest of the early believers who are known as “Innovators”.

[Siddharth Dhankhar @tagsiddharth]

Keeping an eye on its release

[Mark Suster @msuster]

On in 20 at @upfrontvc AGM

[Siddharth Dhankhar @tagsiddharth]

Good take on generating positive outcomes for consumers

[Center for Financial Inclusion (CFI) @CFI_Accion]

Our latest research finds that strategically introduced friction can benefit consumers. And there are early indications that it can benefit digital lenders, too.

Read about #positivefriction & suggestions application: https://t.co/1QWA8MGWzz

@USAID_Digital @DAIGlobal

[Siddharth Dhankhar @tagsiddharth]

Explained with relevant case studies, for example, “At Faire, both sides of the marketplace refer their existing customers onto the platform because it is easier to manage orders with Faire’s free SaaS platform, and to get access to net 60 payment terms and free returns.”

[Casey Winters @onecaseman]

In this post, Dan and I talk about why the Goldilocks Zone is where it is, and how you can better unlock supply driving demand for your marketplace. Check it out here: https://t.co/ukoNOM1Rtl

[Siddharth Dhankhar @tagsiddharth]

Courts too have shaped the startup landscape, for instance in 2018 Supreme Court judge ruled that it is unconstitutional for private companies to use Aadhaar data, on the back of landmark ruling in 2017 that privacy is a fundamental right

[Inc42 @Inc42]

(2/7)

[Siddharth Dhankhar @tagsiddharth]

Tuning into this one

[John Carroll @JohnCendpts]

Interested in biotech venture? Pencil in our annual special on the top 100 VCs in the business on the 21st, which kicks off with a webinar. Attendees will get it first. Great audience already on board. Should be an interesting convo.
https://t.co/v9e24rgHaL

[Siddharth Dhankhar @tagsiddharth]

Likewise, learnt a chapter in fundamental canvas and multi-product-first approach

[Nik @NikMilanovic]

Really enjoyed this fintech from first principles read from @mattbrown this week

https://t.co/9ZVOHWoi7B

[Siddharth Dhankhar @tagsiddharth]

80% crypto trades and 87% crypto owners are outside US

[Brian Armstrong @brian_armstrong]

A few thoughts on our Q4 Earnings yesterday:

2023 was a great year for Coinbase and we’re in a strong financial position. We cut costs by 45% y/y and shipped products faster with a leaner team driving $95 million of positive net income for 2023, $964 million in positive Adj. EBITDA, and total revenue of $3.1B.

We launched the Coinbase International Exchange, derivatives products, the Layer 2 Base which is helping blockchains scale, and played a key role in the Bitcoin ETF approvals as the custodian for 8 of 11 ETF issuers.

Tradfi is adopting crypto and this is great for Coinbase. Bitcoin ETFs are now the second largest commodity ETFs in the U.S. (behind gold), and we custody around 90% of the ~$37B in Bitcoin ETF assets. We've seen net inflows across our retail & institutional products since the ETFs launched (i.e. no cannibalization).

In 2024 we'll focus on growing trading fee revenue with international expansion and derivatives. We'll also focus on driving utility in crypto with payments (for instance, you can now send USDC instantly for free on Base) and by developing Coinbase Wallet into an onchain superapp. Finally, we'll keep driving regulatory clarity for crypto via the courts, https://t.co/7Pqa8n17D9, SuperPac contributions, and encouraging legislation in DC.

We're in a strong financial position, our long term focus on compliance has proved to be right vs competition, and we're well positioned to help accelerate crypto adoption, updating the global financial system.

You can mint the $COIN earnings NFT in this post here: https://t.co/iRLVnTRXdX

[Siddharth Dhankhar @tagsiddharth]

Head turning innovation in lithium supply chain

[Clay Dumas @claydumas]

@pattersonscott Lilac is the only company in the world to make direct extraction of lithium work. Their tech uses 99% less land and water as conventional methods, while recovering lithium at a fraction of the cost. Cheaper, faster, cleaner.

[Siddharth Dhankhar @tagsiddharth]

Interesting take on B2B GTM for schools when exploring attributes of AI deployed by edtech

[ZC25 @zachcohen25]

6/Consumer First, B2B to follow

AI doesn't solve the structural problems of selling into schools. The strongest products will "force" their way into the education system through consumer adoption.

https://t.co/oRitoB4qKZ

[Siddharth Dhankhar @tagsiddharth]

Exciting string of AI demos

[Alex Reibman 🖇️ @AlexReibman]

1/ Ollama for Windows

@ollama running natively and seamlessly on Windows 10 and 11.

Super fast, and no need for WSL

@dhiltgen

[Siddharth Dhankhar @tagsiddharth]

AI activity in assisting creativity

[Justine Moore @venturetwins]

...and of course some of the logos rendered weird on the first go.

Here's the correctly formatted version 😅

[Siddharth Dhankhar @tagsiddharth]

Stock Appreciation Rights to attract talent

[3one4 Capital @3one4Capital]

Ashwini Thulsaram, Principal at 3one4 Capital, writes on the evolving landscape of employee incentives, indicating a shift towards more structured & performance-based strategies. She highlights how SARs have emerged as a popular choice.

Read more: https://t.co/PJt1V2XafZ

[Siddharth Dhankhar @tagsiddharth]

The net profit of $17M in Q3FY24, up from net loss of $42M in Q3FY23, and market cap too from $5.5B exactly a year back to $15.3B today is quite a trajectory

[Deepinder Goyal @deepigoyal]

Out now - Our Q3FY24 Report: https://t.co/WRcLuecpT8

If you have any further questions or feedback, please email us at [email protected]. Always listening!

Quick snapshots of how we’re powering India’s changing lifestyles 🧵

[Siddharth Dhankhar @tagsiddharth]

Facts backing EV adoption curve and the opportunity that exists

[Kunal Khattar @KunalKhattar]

Thank you @rajeshsawhney & @gsf_fund for inviting me to the launch of Good Soul Fellas Capital - and allowing me to share the EV thesis of @advantEdge_vc and the work we are doing to #EndICEAge

[Siddharth Dhankhar @tagsiddharth]

Covers quite a few bases pertaining enterprise fintech

[Chiratae Ventures @ChirataeVC]

We are excited to present our second annual FinTech sector report in partnership with The Digital Fifth.

The report forecasts the Indian Enterprise FinTech industry to hit USD 20 billion by 2030. Dive into the 'Unlocking Indian Enterprise Fintech Market' report for more insights.

Download now- https://t.co/MBqc0RaJjM

@tcmsundaram @sudhirksethi @MkJulka @chandra444
#EnterpriseFinTech #FutureOfFinance #fintech

[Siddharth Dhankhar @tagsiddharth]

"-1 to 0 is when you figure out what you want to work on next. It’s when you decide where to allocate the next 5-10 years of your life" ~ @rsanghvi

[South Park Commons @southpkcommons]

How do you generate and validate startup ideas?

How do you go from -1 to 0?

The best founders approach ideation as worldbuilders, not just problem solvers.

Worldbuilding is not a rhetorical device—it’s a tactical response to the problem of venture scale. The common joke about Silicon Valley is that every tech company says it’s changing the world. But by definition, any startup with a venture-scale outcome has affected, at a minimum, many thousands of people’s lives. That kind of outcome disrupts entrenched incumbents or creates new product categories. It has a meaningful and measurable impact on the world.

If impact on the world state is your aim, start aiming early. -1 to 0 is when you begin to pull forward pieces of the future and refine your ambition into conviction.

There are two general approaches to conviction: from the bottom-up (the builder’s approach) and from the top-down (the investor’s approach). Worldbuilding happens when you do both. If you don’t get potential users and customers interacting with your product ideas, you won’t know if the world you imagine is one others can believe in. And if you fail to think beyond immediate feedback to the last thing you made, you run the risk of substituting user opinions for your own and getting stuck in a local maxima.

You have to imagine and articulate a vision beyond what you’re capable of building right now, and you have to start building it.

But first you need an idea…

[Siddharth Dhankhar @tagsiddharth]

Healthy excerpts pulled up

[Siddharth Dhankhar @tagsiddharth]

Only just getting started