Happy Tuesday. On today's show:
- @gdb (OpenAI)
- @ScottWu46 (Cognition)
- @eric_seufert (Mobile Dev Memo)
- @danwrightSF (Armada)
- @HarryMellsop (Antioch)
- @sahirjaggi (Forus)
- @endswithay (Split Pay)
See you on the stream.
GG Navier Stokes, Math Wars, Greg Brockman Joins, Scott Wu Joins, The Seufenator Joins xitter.cf/i/broadcasts/1pJdRDAgB…
Split Pay retweeted
One of the fastest companies I’ve seen scale. Cracked team doing it again. Proud investor @splitpay
Split Pay has grown 70X in the last year supercharged by our propriety AI underwriting model.
And we’ve raised $125M from @ThriveCapital, @khoslaventures, and @mlevchin
I’ll be on @TBPN today at 1:40p PT to share more about what we’re building.
Split Pay retweeted
Fastest-growing lending fintech ever btw
Split Pay has grown 70X in the last year supercharged by our propriety AI underwriting model.
And we’ve raised $125M from @ThriveCapital, @khoslaventures, and @mlevchin
I’ll be on @TBPN today at 1:40p PT to share more about what we’re building.
Split Pay retweeted
At @splitpay we saw all this play out when building Split Pay. Like @CashApp we abandoned traditional credit scores in favor of a custom, modern underwriting model that sees the "credit invisible".
Proud of our teams!
Block just dropped a white paper. The legacy credit system is broken: outdated data, built-in bias, and tens of millions shut out. Our models use near real-time data and machine learning to underwrite smarter, and unlock access while managing risk. This is what a modern credit system looks like. Read here: block.xyz/documents/modern-a…
Split Pay retweeted
Great talking about @splitpay and entrepreneurship in general with @ByronGrealy!
youtube.com/watch?v=V21FEUGJ…
Split Pay retweeted
Great chat with Corwyn about rent.app, empowering individual real estate owners and renters, and the prop-tech space more broadly!
podcasts.apple.com/us/podcas…
Split Pay retweeted
Collect Rent via Cash/Check:
Early on we allowed cash/checks which is risky because checks can bounce...
We love that @splitpay makes rent collection quick, easy & even offer autopay + credit reporting for FREE!
Use link below to learn more:
rent.app/landlord
Split Pay retweeted
📢 Our CEO Andrew Borovsky spoke to Jacob Hollabaug from #PayPod about building a financial network for #realestate and why @splitpay is the best way to pay or collect rent. 🎧Listen here: soarpay.com/2024/03/visible/
Split Pay retweeted
blown away by how quick and easy @splitpay makes all of this!
Split Pay retweeted
hanks to @splitpay (and to me) @CjDroz_37 and @SeanAvenue are getting one FREE month of rent!
It’s January 1st which means rent is due. Use @splitpay for the easiest way to pay
Go to rent.app/barstool for $50 off your first rent payment!
Split Pay retweeted
Watch the Smokes Show season finale presented by @splitpay here AND PLEASE SUBSCRIBE
youtu.be/w2vnnYLkfEA?si=eiro…
Split Pay retweeted
Replying to @TomScibelli
Split Pay retweeted
Download the app. Screenshot it and tweet #SmokesForForbes to me and @splitpay and two lucky fans win a month free rent on me.
Win a month's rent courtesy of @TomScibelli. Our unwavering faith is behind him. #smokesforforbes
Discover how on the latest Smokes Show: youtu.be/PLcE09ogeqM
Split Pay retweeted
Supply continues to do its thing: For the first time in many decades, apartment rents are rapidly flattening (and could soon go negative) at the same time demand remains healthy.
Why? Apartment construction is at 40+ year highs-- shifting the balance of power to renters.
YoY, effective asking rents for new leases (same-store) inched up just 0.28% and could turn negative by September.
Compare 2023 to the last two times (excluding 2020 pandemic year): early 2000s and 2009. In those prior two periods, rents fell as recessions hit, jobs were lost, demand evaporated and vacancy hit 7-8%. By comparison, in 2023, vacancy has been fairly stable since January in the mid 5% range.
Demand is solid, but operators are giving on price in order to compete and to protect occupancy / cashflow.
That'll likely continue through 2024 as supply peaks, before 2025-26 as supply by then will be significantly less.
The rent slowdown won't show up in CPI until early-ish 2024. But it'll happen. CPI rents won't go negative by then, but they'll look pedestrian at that point.
Split Pay retweeted
For people who keep saying there are no “real life” use cases for the blockchain. Paying rent is as real life as it gets and it is on @0xPolygonLabs
Split Pay retweeted
Speaking of Good Strategy…
Watch this one (and use it). @endswithay is a wizard. Stop paying your rent with a check.



















