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Since the average friends and family round is $23,000, “they’d need to secure the entire liquid wealth of six Black families” for parity, according to a whitepaper by venture fund Fifth Star.
In earlier decades, long before the Internet- and open banking-fuelled fintech boom, legacy banks would pitch to get a new crop of school leavers signed up by offering freebies — like bags, stationery, music or other offers. So that’s one potential wrinkle in Twig’s sustainabilitypitch.
If you want to get press, or speak at a conference, or just get your content strategy going, bite sized chunks of this narrative can be turned into posts of their own, slides, whitepapers, video interviews, etc., AND NOW I'LL PRETEND THAT I WASN'T REALLY PITCHING AND I'LL BE ALL MODEST ABOUT IT.
Commenting in a statement, Will Wolf of Polychain Capital, said: “We’re incredibly excited to partner with the Nym team to further their mission of bringing robust, sustainable and permissionless privacy infrastructure to all Internet users. “One of our core innovations is we scale by adding servers.
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