Physik Invest

Quote To Start The Day: Do not confuse motion and progress. Source: Alfred A. Montapert One Big Thing In Fintech: More than 90M millennials will soon be in what Goldman Sachs calls their “prime spending years.” Millennials have overtaken the baby boomers to become the largest...

Quote To Start The Day: Excessive determinism is almost always the biggest enemy of stability. This seeming contradiction is behind the concept of metastability which captures the mode of market functioning in the last years. Metastability is what seems stable, but is not — a stable waiting...

Quote To Start The Day: The value of the cold email is so underrated. Source: Michael Gruen One Big Thing In Fintech: When Robinhood, a startup that promises to make finance accessible for all, temporarily limited trading on GameStop, AMC, and other memestocks, many retail investors were pissed...

Quote To Start The Day: You can't be a real networker unless you’re connected. Source: Michael Gruen One Big Thing In Fintech: Experts say 2021 is poised to see greater adoption and venture capital investment in blockchain technology. That prediction comes as more financial services apps...

Quote To Start The Day: Cheers to a new year and another chance for us to get it right. Source: Oprah Winfrey One Big Thing In Fintech: The banking industry has not been spared from the impact of Covid-19. Bank of America, for one, saw profits drop 16% year-over-year (YoY) in Q3’20 to $4.9B...

Quote To Start The Day: Solitary trees, if they grow at all, grow strong. Source: Winston Churchill One Big Thing In Fintech: Gangti Zhu, a Maryland retiree, says he put almost his entire life savings into a Robinhood Markets account this year, only to lose about $300,000 in a hack. He describes...

Quote To Start The Day: When you feel like giving up, remember why you held on for so long in the first place. Source: Paulo Coelho One Big Thing In Fintech: Seed and angel deals are projected to fall to 37% of total deal activity in 2020, down from 42% in 2019. We expect Series B rounds to finish...

Quote To Start The Day: We’re really trying to encourage progress, not to force it. Source: Adena Friedman One Big Thing In Fintech: Massachusetts Mutual Life Insurance Co. is jumping into the institutional bitcoin game with a $100 million investment in bitcoin and a $5 million equity stake...

Quote To Start The Day: Robinhood’s revenue model could easily disappear. They’ve made it clear that they are comfortable living on this regulatory edge. Source: Tyler Gellasch One Big Thing In Fintech: Congresswoman Maxine Waters has released a wide array of recommended policy changes...

Quote To Start The Day: Before you judge a man, walk a mile in his shoes. After that who cares?... He’s a mile away and you’ve got his shoes! Source: Billy Connolly One Big Thing In Fintech: In light of its plan to go public, Metromile, an insurance-focused fintech powered by data...

Quote To Start The Day: Life is made of ever so many partings welded together. Source: Charles Dickens One Big Thing In Fintech: The pandemic has seen incumbent financial services providers fight against disruption by individuals and startups thinking about new ways to innovate. Nasdaq is...