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Julia Schottenstein

Verified account LangChain

@j_schottenstein

Building @LangChain | angel investor 👼 | @Stanford CS engineer | NYC native + SF transplant | runner (sometimes) | schottenstein.dev
Joined October 2016
920 Following 3.7K Followers 1.6K Posts

Latest posts 5

Julia Schottenstein Verified account @j_schottenstein
Today, we’re announcing @LangChain's Series C fundraise at a $ 3BN valuation, and holy f we’re doing it!!

When I joined @hwchase17, @ankush_gola11, and the rest of the 8 person team in the summer of 2023, we were pre-revenue, pre-commercial product, and honestly the biggest risk I saw to joining the insanely stacked crew was “would this LLM technology thing ever do anything useful?!”.

I was an alien to Harrison. He didn’t know what to do with me since I wasn’t going to code and that was pretty much all the team did back then. We were so locked in, the small office was silent while hundreds of PRs were handwritten (no coding agents back then!). Later, I found out people referred to our first office as the SAT testing center because yeah… locked in :). Since product was Harrison’s, I did sales and the rest. And day after day, the LangChain team just kept at it.

Startups and LangChain are built on belief. I believed this small team could build something great. We believed that more and more software would look like agents, and we were going to power it. Our earliest customers – Carlos at Cisco, Joel at Workday, Yusuke at Rakuten, Tanvi at LinkedIn, Yaron at Klarna believed that betting core parts of their company AI strategy on the Lang stack would work out. Our teammates (many of my friends) who joined us, believed they could grow personally and professionally alongside the company, and our investors @chetanp, @sonyatweetybird, @tomloverro, Mo, Angela, @rajeevdham, @milesgrimshaw continue to believe that we’re still just getting started, and there’s so much growth ahead.

We’re a lot bigger and louder than those early days (400+ teammates, 7,000+ customers, products that actually work). But job’s not finished, and I believe / hope it never will be.
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Julia Schottenstein Verified account @j_schottenstein
.@privy_io has been on a tear as part of @stripe and pumped for @segall_max @sternhenri @asta_li to lead Stripe Crypto. the Collison's get it!
Patrick Collison Verified account @patrickc Oct 15
Today is probably a good time to check in on things with @privy_io, which became part of @stripe just over a year ago.

Our acquisition was predicated on three factors: stablecoin growth, self-custody as a key enabler of broader global coverage, and rapidly increasing demand for programmable financial infrastructure. As we said at the time, "money has to reside somewhere, and Privy builds the world's best programmable vaults."

Since then, the Privy team has executed exceptionally well: assets in Privy wallets have grown ~25x, monthly active developers are up ~3x, revenue is up ~9x, and Privy now facilitates nearly $25B of monthly transaction volume. @tryramp, @Deel, @Klarna, @felixpago, @HyperliquidX, and thousands of other businesses are building embedded banking functionality on Privy.

At Stripe, we're deeply integrating Privy into Treasury, @Link, and Connect. In each case, it's accelerating our global expansion, and enabling us to build better functionality faster. (Coming soon: @Link balances.)

We're also seeing that Privy's wallet infrastructure is the ideal substrate for agents to transact and earn -- live today with @merit_systems, @orthogonal_sh, @Nevermined_ai, @prlnet, and more. Developers prefer programmable financial infrastructure, but agents need it. We expect that the agentic economy will continue to grow extremely quickly.

The Privy team has maintained remarkable product velocity, with major launches this year including deposit addresses, earning on Privy balances, digital asset accounts, custodial wallets, and Stripe's own stablecoin cards.

It's also been neat to see how Privy has been accelerated by Stripe, with better onramps, @stablecoin payment rails and licenses, Stripe's fiat capabilities and issuing stack, and integration with @Tempo.

Together, we're building one API for holding stablecoin balances and earning yield, moving money in and out of fiat, and orchestrating spend with cards. We still have a lot of work to do, not least in integrating everything across Privy, Bridge, and the rest of Stripe -- there's been so much feature and functionality expansion that we haven't yet had much time to reconcile everything. Overall, though, I'm very happy with how things are going, and excited by where these capabilities are headed.

If you're interested in working on the future of stablecoins, agentic payments, and crypto's deployment in the real world, you should get in touch with @sternhenri (now leading all of @StripeCrypto) or others on the team.
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Julia Schottenstein Verified account @j_schottenstein
this is going to be BIG. congrats @FDavidsonT on an epic launch
Francis Davidson Verified account @FDavidsonT Oct 14
We’re months away from AGI and the leisure economy’s about to explode

Today, we’re launching Odessia, an always-on concierge for travel and experiences

Prices are spiking, places are getting crowded. Odessia is your cheat code to going places

Text to get started for free
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