Principal @commercevc; formerly @m13company, @xrclabs, @ralphlauren, @goldmansachs; @wharton @asu, @parsonsdesign; 🏊🏽♀️🚴🏽♀️🏃🏽♀️
Joined May 2014
- Tweets1.2K
- Following2.1K
- Followers1.2K
- Likes4.9K
Rima Reddy retweeted
Stablecoins will eat payments because of simple incentives: stablecoins improve *payment processors* margins for the first time!
CC's take 2.5% from merchants, but non-bank payments companies (Stripe, Visa, Venmo, Square, etc) get only ~0.15% (.0015)!
Payment cos want stables👇
Rima Reddy retweeted
my dad sat me down once and said:
“There are only two jobs in the world: building or selling. If you’re not doing one of those, you’re just an expense.”
still think about this.
Rima Reddy retweeted
🚨 Bybit just delivered a masterclass in crisis communications after experiencing the largest hack in crypto history. The situation is still live, but they’ve already succeeded in calming markets.
It’s a teachable moment for the rest of us. Here’s what they did right—and why it matters. 🧵👇
in depth research by @samcallah
Rima Reddy retweeted
This year you're going to see:
1. More flows into ETFs
2. More corporates buying more Bitcoin
3. More nation states buying more Bitcoin
4. US Wealth Management buying for clients
5. Banks and FIs launching services to help clients access Bitcoin
6. Regulators creating productive clarity
7. The world (geopolitics, monetary policy, etc) increasingly in circumstances that drive the need for Bitcoin
And, you're going to see more reputable people revealing their conviction in Bitcoin.
It's going to be a watershed year.
so proud of my colleague @VivekKri !!! a well deserved promotion to Partner @CommerceVC 👏🏽🫡
We're beyond thrilled to announce @VivekKri's promotion to Partner at Commerce Ventures!! Vivek has been an irreplaceable asset to founders, our team, and so many in the FinTech ecosystem over the past years. We're proud to call you Partner Vivek!!
Rima Reddy retweeted
We are excited to announce @NeuralPayments' Series A funding!! The NP team is enabling P2P #payments for financial institutions. Read our piece on why we think NP is the answer to Zelle's shortcomings ⤵️
bit.ly/41kv4hP
so proud and grateful to work with @venturedan and the @CommerceVC team!!! happy 10 years!
10 years ago today, I filed some paperwork and gave myself a job. Happy birthday, @CommerceVC! Welcome to your teenage years 😁 Special thanks to the the countless supporters and members of our family 👇🏻
Rima Reddy retweeted
Announce @moov Series B. Thank you, @venturedan and @CommerceVC, for investing in the idea of a network-of-networks payments processor from day one! It's a line in the sand to reflect on the team's fantastic work and propels us to vision ahead. #fintech
moov.io/blog/company/moov-an…
Rima Reddy retweeted
Retail is reorienting after a year of massive change in 2022 – and the changes will keep coming. With a cooling market to consider, Rima shares more about the new areas Commerce is excited to spend time learning about and investing in 2023. bit.ly/3HpaZij
Rima Reddy retweeted
Don't miss Dima Batsev, managing director at @LazardAsset, speak to what softening economic conditions mean for financial institutions on this episode of #CommerceConversations and why the magnitude of this downturn may be less than anticipated...
bit.ly/3iUjGrM
Rima Reddy retweeted
The world is awakening to the promise of AI applications, and we're excited about the implication for #retail! Read more from @VentureBeat for an overview of developments in machine perception and a shoutout to @pensa_systems's optimization on shelves!
bit.ly/3vG6wBr
Rima Reddy retweeted
Thank you all for participating to the Fab meeting @BeautytechSF #SanFrancisco. « focus on the 1 or 2 most important things to stay the course and reduce burn at the same time » @anarghya503 @Maveron « best startups will emerge stronger a year from now » @ReddyRima @CommerceVC
Rima Reddy retweeted
Pete Kight touts the power of the B-student entrepreneur in the latest episode of Commerce Ventures. He sits down with Dan to tell the story of CheckFree, one of the first digital payments companies in the rise of the internet era. Listen in for more ⤵️
bit.ly/3EX4dxV