Viewing profile — venantius

Hey, this happened to me about two years ago! Forgot I was wearing my pump and walked into the ocean. Oops. I was on a Greek island during Easter weekend - the worst possible time …

I feel like this is closest to trying to compete with Charm’s Crush rather than anything else.

I am not an expert, but I have worked somewhere MariaDB/MySQL was being used at scale. My preference today for Postgres comes down to the fact that its query planner is much easier…

Among other things the big tech companies are literally planning to build nuclear power plants off this so I think the infrastructure investments will likely be pretty good.

It is possible for all of the following to be true: 1. This study is accurate 2. We are early in a major technological shift 3. Companies have allocated massive amounts of capital …

As someone who runs an actual bank, the headlines around this story are super misleading. In no meaningful way will be Apple be treated like a bank in the way that we generally exp…

Two people and a pet isn’t really a “collective”

I made a headless bank.

We wouldn’t fit either of your criteria. And yet - we now have a bank license (!) and should clear 15-20M in revenue this year. Sometimes hard things don’t make for overnight succe…

Wooooosh.

Our customers are other Fintech companies rather than normal humans :)

Because it’s not a great fit for an event driven architecture.

Actually, no - the regulatory sandbox cannot be used by prospective banks.

It’s hard in the UK too! Just not “infeasible” hard. (Plus, it’s easier to finance as you don’t have those pesky Bank Holding Company Act regs dinging your investors)

I wouldn’t say “given up” as much as “actively delegated”. The UK has essentially made a (political) choice that rather than cover the cost of policing finance through taxes, they’…

There still isn’t a ton of choice in market - ClearBank is one of three other banks that actually have decent offerings. And having a good API is not enough; you need a holistic op…

The article is literally a summary of this book.

I have had the fortune to find a job through HN and, later, to hire people who found my company through HN. So the system definitely works :)

It’s actually quite common at certain types of organizations (typically foreign-owned) to appoint a local as CEO on a specific term and then to revisit when that’s up.

We’re rolling out something similar for the UK with https://griffin.sh - aiming to get our bank license this year. Then expanding to the rest of Europe :)

Hi! Griffin co-founder and CEO here. Yes, we're building exactly what Column is building but for the UK. Fun fact - Column's CEO is even an investor in us!

I don't normally go in for insults, but the author of this article is a fool who clearly has no idea what the job of the CEO actually is. We are a very long way from being able to …

This sounds like a nuanced view, but I think you have missed the point - we're using terminology that allows for us to talk past each other and that's part of the problem. At least…

I guess the real question is: what will actually happen if the SEC wins this case (which we should assume they will). Ripple is vast and presumably has the resources to deal with a…