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Rex Salisbury
@rexsalisbury
Founder & GP @ Cambrian VC (pre-seed/seed in fintech). cambrian.vc. ex Partner @a16z fintech. +1 @amdulin.
San Francisco, CA
Joined May 2010
Posts
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    1/ Excited to announce the launch of @Cambrian_HQ 's inaugural $20 million fund to back the next generation of fintech founders! Incredibly grateful for my time at @a16z, and, now, exited to share how I ended up as a solo capitalist by way of community building. 🧵 👇
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    Updated version of one of the best charts of all time.
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    Replying to @andy23tran
    This chart is sourced from the below article, which explains in detail exactly what is going on: TLDR USA is outlier in: Smoking (not any more but it kills you slowly, & 30 years ago lots ppl did) Obesity Homicides Opioid deaths Suicides Road fatalities
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    AI “bubble” needs $400 / user / year to justify current capex by 2030. For comparison in US - Apples makes $1k / year for 165 million users. - Google also around $1k / year for ~250 million users . - Facebook around $240 for ~250 million users. $1k / year is also rough
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    The bottom 50% saw their wealth rise faster than any other group in 2020. - 30% increase for bottom 50% - 20% increase for top 1% - 15% for top 10% - 15% for 50-90% fredblog.stlouisfed.org/2021/07/net-wo…
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    Drop your depths of covid look. for me aka the flo era.
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    Drop your depths of covid look
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    Zelle isn't cool, but it's larger and growing faster than the competition.
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    I put Robinhood revenue in sankey form.
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    curious what returns are at a16z...well the paper returns (as of 12/13/21) were leaked to the WSJ.
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    My bank charges me $30 for a wire, but refunds the charge if I call in. When asked if they could just stop charging me and save both parities the waste of a call, the answer was no. Banking in the US borders on absurd sometimes...
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    Stripe spends 1/3 of their annual letter roasting europe for their lack of growth. ouch.
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    being a VC is never been easier. if your 2022 fund is >1x. boom. top quartile.
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    crazy to me how many ppl are still buying homes. The math makes no sense.
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    hate to say it, but my money is on Zelle. in financial services, distribution often trumps innovation.
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