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Jacob Sheldon
@JacobMSheldon
Co-founder & CEO @medianfi. Real-time accounting and financial intelligence.
Brooklyn, NY
medianfi.com
Joined August 2012
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  • user avatar
    Jacob Sheldon
    @JacobMSheldon
    Jun 15
    For the past few months, @augustokz8 and I have been quietly building a company: @medianfi Here's the problem we're solving: When you run a company, your numbers are always behind. And even when they're current, they tell you what happened, not what you need to know. When can I
  • user avatar
    Jacob Sheldon
    @JacobMSheldon
    May 4
    Starting to get a little annoyed with @mercury for not having a status page as any good tech platform has. Outage today is impossible to track the status of, and there's no update on Twitter 👀
  • user avatar
    Jacob Sheldon
    @JacobMSheldon
    Apr 20
    The AI accounting market is growing at 44.6% annually. Most of that growth is coming from SMBs, not enterprise. A Fortune 500 company needs 18 months to pilot AI. A 10-person company ships it in a week. The speed advantage is structural: fewer stakeholders, less legacy tech,
  • user avatar
    Jacob Sheldon
    @JacobMSheldon
    Apr 17
    AI gives correct answers on financial questions 56% of the time. 27% of responses are deceptive or misleading. 17% are flat wrong. FINRA is now auditing for hallucination controls. The U.S. Treasury released a new AI risk framework last month. And there are still companies
  • user avatar
    Jacob Sheldon
    @JacobMSheldon
    Apr 16
    AI adoption in accounting went from 9% to 41% in one year. But accountants are now spending 3 hours a month just correcting AI mistakes. Invalid deductions, wrong jurisdictions, misinterpreted expenses. AI isn't replacing accountants. It's creating a new category of work: