vignesh sreedhar

agentic commerce + payments @meta

all opinions are my own

[vignesh sreedhar @vigstar1]

put my heart into this piece! excited to hear everyone's thoughts :) https://t.co/8zxf2p60Cw

[vignesh sreedhar @vigstar1]

dude you need to read my content more closely. i said this:

“agents get identifiers and start doing things at scale. institutions see traffic they can’t distinguish from fraud and block it. a new wave of companies gets funded to help agents get around the blocks. then another wave gets funded to detect and stop agent fraud.”

do i think agents can reduce payment fraud? absolutely! industry experts like sardine (cc @soups) are using the latest and greatest models (including system one decision models) to combat fraud effectively.

> Vignesh also sees the odds that companies will adjust to “what agents want” as zero, but I see it as inevitable!

i never said that. merchants and issuers are obviously not oblivious to the potential of agentic commerce (it could be the biggest driver of revenue growth for them) but they won’t be willing to take a disproportionate amount of risk and liability. and yes agentic payment fraud will skyrocket when they have no visibility into the actual human intent and authorization. check out @sardine and @getpayos white paper on this!

if you read what i’m saying and aren’t busy having a convo with @grok you would realize we are all on the same side here: https://t.co/spcSRl2FWn

[Branch @BranchManager69]

Vignesh says payment fraud will skyrocket due to agents. I say it will plummet.

Vignesh also sees the odds that companies will adjust to “what agents want” as zero, but I see it as inevitable!

📝 Article coming today on what incumbents, startups, and experts are all missing about the agentic economy.

[vignesh sreedhar @vigstar1]

@markinpassing most protocols do already tho

[vignesh sreedhar @vigstar1]

this is the agentic commerce space in a nutshell.

we have several competing standards and protocols, when the whole point of a standard is TO BE THE STANDARD.

why is this happening? well, every participant (agent companies, networks, issuers, merchants) is fundamentally misaligned.

this fact is poised to be the death of agentic commerce (and a lot of vc money!).

[Peter @peter]

Another day, another agent protocol. Yay.

[vignesh sreedhar @vigstar1]

i am so glad that my previous article resonated with so many people!

tomorrow (sun nov 1) at 11:15am PT, i will drop my next article:
“Agentic commerce is at an impasse”

i am doing final edits rn and i promise it will be a banger.

special thanks in advance to @NikilKonduru for his expert takes! and apologies in advance for not including some companies (it was getting too long).

stay tuned, hope everyone isn’t too hungover!

[vignesh sreedhar @vigstar1]

put my heart into this piece! excited to hear everyone's thoughts :) https://t.co/8zxf2p60Cw

[vignesh sreedhar @vigstar1]

@markinpassing it should be the merchant

[vignesh sreedhar @vigstar1]

can’t think of a better-run company in the past decade!

[Gergely Orosz @GergelyOrosz]

I cannot tell you how bullish I am on Stripe in the agentic era.

They are the ONLY connector inside Grok Bot that have the kind of granular permissions + human-in-the-loop prompts I *expect* for agents.

Every other connector - like ones from Google for eg Gmail or Docs - feel hopelessly amateur. Like WHY do I not have a way to have the Gmail connector ask for this kind of user permission before it lets an agent read any *sensitive* emails like password reset ones etc.

Stripe ygmi and I have no idea why others are not copying the very least what Stripe does

[vignesh sreedhar @vigstar1]

@pally keep cooking @hazhubble and team!!

[vignesh sreedhar @vigstar1]

@sflorimm agreed, my non technical girlfriend picked up on claude code fairly easily. just had to get the initial fear of all the setup

[vignesh sreedhar @vigstar1]

@Marmik_Patel19 just ridiculous!

[vignesh sreedhar @vigstar1]

@sophgoldb

[vignesh sreedhar @vigstar1]

ill say it one last time!

payments expertise and payments partnerships will be the defining moat in this space!

if you are building in this space, i would highly recommend @sophgoldb's brilliant book "The Field Guide to Global Payments". i read it in the first week of my job, and i keep coming back to it. it's such an easy read and somehow so informative.

go buy it now: https://t.co/Az9ZDQkEOj! @keyserfaty you should make this free on your new https://t.co/T0pFQmnJw5 tool xD

[Kyle Gawley @kylegawley]

The moat is:

> Having domain knowledge
> Building a solution to a problem in that domain
> Having affinity with that market

It always was.

[vignesh sreedhar @vigstar1]

i feel like i won in life!

thank you everyone for your engagement and can’t wait for this coffee! how cool is it that i can meet the author of a book i treasure by just posting some opinions on x?

so much to discuss with agentic payments!!

[sophia goldberg @sophgoldb]

@vigstar1 Too kind!! I’ve been enjoying your writing! Let’s get coffee in SF soon

[vignesh sreedhar @vigstar1]

today, i was invited to judge the in-person stranger builds hackathon organized by @nerdconf_ar and the @AICollectiveCo and sponsored by @Base44 and @Fetch_ai.

when i got there, i was told i am actually judging the online version that doesn’t end until a week later. when i asked why they didn’t tell me beforehand, they asked “you need a photo for your o1 visa right?” and left me hanging (pretty sure a photo doesn’t even help btw).

honestly i found it all pretty rude. i cut my fun meeting short with @naturalpay to attend this and i actually was looking forward to judge. this would have been the fourth hackathon i judged in the past month because i love meeting builders and giving honest feedback and learning from them. special shoutout to @oscrhong who i still jam with on his fun https://t.co/0N7cwsjnly project!

yes, i did it for the o-1 because my immigration situation sucks in the US but i sure don’t need to be treated like ass for it. and i sure as hell didn’t need another hackathon for a stronger case. do better guys!

[vignesh sreedhar @vigstar1]

@CraigMaurer4 @noyesclt @Shopify yes but performance marketing fees will still be loss making. advertising is prob the end model but without clear ROAS and low commerce appetite, we run risking making the whole consumer AI investment moot

[vignesh sreedhar @vigstar1]

@dseemakurty @getserval @viraj_lunani exactly my point! no insult at all :) i work in AI but i would say im a payments expert first and AI engineer second!

[vignesh sreedhar @vigstar1]

i am super pumped for @getserval’s success (shoutout @viraj_lunani) but serval wouldnt be what i’d call “working in AI”

[vc @verycracked]

the reality of working in AI in San Francisco is that it’s basically inevitable that you���ll be a multi millionaire as long as you’re not dog shit and have patience

[vignesh sreedhar @vigstar1]

@Corgi2Delve @naturalpay @saanvimehra 😂😂

[vignesh sreedhar @vigstar1]

today i visited the @naturalpay office (thanks @saanvimehra!) in an attempt to answer the most difficult question in agentic commerce.

what does https://t.co/aWRzcBIPlW do?

i had a great chat where we talked honestly about the agentic commerce space and some of their products like natural direct. shared some of my takes after dealing with all sorts of issues with bank payments at meta.

if there’s one thing natural does better than anyone else, it’s their aesthetic and energy! beautiful office, cool merch, and very warm team!

thanks for the hoodie 😀

[vignesh sreedhar @vigstar1]

@peterjordan best thing i seen all day

[vignesh sreedhar @vigstar1]

@verycracked @getserval @viraj_lunani it’s just semantics, my fellow cracked friend!

[vignesh sreedhar @vigstar1]

@bykahlil mark of a good founder!

[vignesh sreedhar @vigstar1]

hope to meet you soon @bykahlil. your memos and your good looks precede you.

fair warning, i have a lot of opinions on the memos. but the looks…ill concede.

if i were a vc, you’d be my poster boy!

[vignesh sreedhar @vigstar1]

today i visited the @naturalpay office (thanks @saanvimehra!) in an attempt to answer the most difficult question in agentic commerce.

what does https://t.co/aWRzcBIPlW do?

i had a great chat where we talked honestly about the agentic commerce space and some of their products like natural direct. shared some of my takes after dealing with all sorts of issues with bank payments at meta.

if there’s one thing natural does better than anyone else, it’s their aesthetic and energy! beautiful office, cool merch, and very warm team!

thanks for the hoodie 😀