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Daniel Tebes

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@DanielTebes

building ai underwriting to finance all human ingenuity starting with farmers. startx, ex-affirm, ex-granular. family and good quests
San Francisco, CA rizal.io Joined December 2012
2K Following 235 Followers 839 Posts

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Daniel Tebes Verified account @DanielTebes

Replying to @anferneeck

honest take - we’re not completely sure. as we go deeper with our customers more and more blue sky opens.

where we’ve decided to focus -
1) bring ai to some of the biggest banks in mexico,

2) help them automate complex and very manual underwriting workflows so they can serve more borrowers,

3) help them navigate financial regulations for ai with good system design (on-prem, data residency, iso/soc-2),

4) design new financial products with bank, insurance and capital market partners that serve an under-financed market and move our business to an ai outcome/services model

5) leverage the distribution of our bank customers and our growing network to match the right borrower to the right form of capital.

tldr we’re building new financial infrastructure powered by agents that works with existing financial institutions and helps them leap frog manual processes and archaic tech.

and we’re doing this where there is incredible pain across the ecosystem (from banks to borrowers to capital partners) and thus a ton of room to run
Daniel Tebes Verified account @DanielTebes
behind every company there’s a person, a family and a dream. and lots of thankless hard work and sacrifice.

i am reminded of this daily.

my mother in law moved halfway around the world to help my wife and i take care of our newborn and two year old, and give me time back to focus on rizal. she speaks little english and left her husband at home because he’s too old to travel. apart from us and a neighbor she knows no one here. morning walks and our weekend trip to costco is her time outside the house.

but every day she wakes up early, helps me get our toddler off to school, and makes lunch and dinner for the family while also watching our newborn when my wife naps in the afternoon.

rizal wouldn’t be possible without bà (grandma). behind every business there’s a bà.
Daniel Tebes Verified account @DanielTebes
agreed. tis the season
Jean-Denis Greze 💡 Verified account @jgreze 2d
I canceled a bunch of non-critical VC relationship meetings I had scheduled for December and January. I think I should have done it sooner.

Last week I had a bunch of these catch-up meetings, and I kept thinking, what am I doing here?

E.g., We're not raising right now. I like these people and enjoy talking to them, I learn things, I build relationships that will help down the line, but it's just not mission critical.

Someone put it to me this way: having meetings is a VC's job. It's their KPI. Fundraising is only my job at certain points in time.

I think I just need to get better at saying no to people I like :)

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