Ribbit Capital

“Everybody can see my calendar in my inbox. They can see my emails, and I can see anybody's emails. We share all the information so we can actually become better as a team.”

“We don't make individual decisions. We make group decisions. And there's no, like, somebody asks, who's the partner responsible for that company? It's like, what partner?”

“Ribbit Capital. We spoke with them, yeah. I really like Mickey and the team. They're great.”

“One of my good friends is this guy, Mickey Malka at Ribbit. I was lucky to be an investor in his fund one personally. And it's like, that was like a 55 X fund on, I think it was like an eighty five million dollar fund, but 55 X, like that's insane.”

“So it's actually co-led by three three investors. The first one is Rubit Capital, which is our new investor. It's actually the first time that they invest into a deal. And maybe we'll talk about this after, but I've been I actually love the team there. I've be…”

“Matt Harris is, is probably the smartest and best fintech investor out there. I mean, you know, Ribbit's obviously incredible as well, but Matt Harris, I think, you know, has kind of set the direction of fintech for a very long time.”

“If I was doing fintech, I would choose Mickey Malka from Ribbit.”

“Rivet's done a really nice job too. And I think if I hadn't been as capital constrained, I've, you know, met with Mickey many times over the years. That's another great one.”

“Then we believe sector specialists, particularly early on in the lives of companies, have a reason to win, whether that's in fintech firms like Ribbit, QED, firm like Transformation Capital and Healthcare. These are Each huge industries, fintech, healthcare, w…”

“And Ribbit has professionalized the art of a specialist fintech VC and really paved the way for understanding what an at-scale specialty player, you know, could look like in the space.”

“Look, the thing that Mickey wanted to do, which was start a sector-focused fund that would invest internationally, it went against everything that I'd learned as an LP about what worked in venture. You know, I told Mickey sector-focused funds don't work, and t…”

“Like how it felt when we first invested in Bitcoin and Coinbase. And most people just had no idea what we're talking about.”

“I think investing in the best companies should be the tail that wags the dog. You know, you certainly shouldn't back a weaker company because you think you can own a few more percent of it.”

“Our principle from the beginning is we re-underwrite every deal, including follow-on decisions.”

“I would say we have a process that's intentionally conviction-driven, meaning somebody on the team needs to pound the table, but we try not to attach that Investment decision to a person because I think that often leads to people thinking about investments in …”

“A significant majority of the founders, we've backed our investors in Ribbit, which means a lot to us.”

“We'd re-underwritten and invested in the business, I think, seven times, like from the A to the G.”

“We were able to figure out terms and get the liquidity to wire them half a billion dollars that day.”

“We could have been even more concentrated in the companies that we really believed in. We've done plenty of doubling down on our winners, but I would try to do it even more.”

“Early on at Ribbit, we had the opportunity to invest in, in Stone, in Adyen, in Stripe, you know, in a number of companies that are relatively early stage. And we said, we're not doing payments right now.”

“To date, Vlad has raised over 5.6 billion dollars with Robin Hood, including a 2.4 billion dollar raise just this month, and some of their investors include the likes of Ribbit, Sequoia, Green Oaks, Index, IVP, Thrive, GV, and more incredible names.”

“The first raise was with Ribbit and Mickey. I think a lot of that was, you know, Mickey, we knew for, you know, two, three years. He had seen us in a previous company. It was a lot of a bet on us. Like, hey, in the market is like, hey, you know, these guys see…”