bkinnard

4 ms·

1. 1.▲
   by bkinnard 7y ago

   likewise, I'm building a social-network-y site for retail investors ( https://www.holfolio.com ) to track and share what they and others are investing in. One of the main points is you can see the history of what someone has
2. 2.▲
   by bkinnard 7y ago

   I'm also very sceptical of that 10 million customers line. Do you think its just people that have opened an account with them at any point? I bet the DAU (a reasonable metric for someones main bank, especially in today's cashless
3. 3.▲
   by bkinnard 7y ago

   Reading the post makes me most curious about how you live so cheaply? Halfing your burn rate doubles your time to death which more than doubles your chances of success
4. 4.▲
   by bkinnard 7y ago

   Investing isn't zero-sum, but generating alpha is
5. 5.▲
   by bkinnard 7y ago

   Not quite - they spend $2 for every $1 that comes in, so they lose $1 per $1 of revenue