The founder of Mercury (which is a startup bank for startups but don’t call it a bank because it’s not really) thinks all forms of cash bonuses are a bad idea. His view is that equity is the only good […]
From Mitchell Hashimoto, the founder of HashiCorp ($HCP). “I also figured a local branch of a global bank is just a fungible tentacle of the giant banking machine, so also… who cares.” ~ learn more
“The ideal branch is in an upper middle-class neighborhood on a corner of Main Street and Main Street.” Thinking back to the first bank account I ever had, it was at the corner of the nearest major streets to my […]
This is a wonderful example of “do things, tell people.” Brian Barnes, CEO of Chicago-based M1 Finance, bought a bank and wrote about it. Of interest, it seems he bought the bank personally because, M1 “has work to do before […]
“[Security expert] Jayson E. Street tells us a story about the time he broke into a bank in Beirut Lebanon.” | learn more
Ben Hunt: “I think that the collapse over the past week of Greensill Capital has a lot of systemic risk embedded within it, particularly as the fraudulent deals between Greensill and its major sponsors – Softbank and Credit Suisse – […]
“Bank robberies are great case studies for the economics of crime. They’re premeditated affairs in which a perpetrator has evaluated (consciously or not) the rationality of proceeding. The gains are quantifiable. They also come with a built-in dilemma: every minute […]