Entrepreneur Kiteboarder CEO/co-founder @loansnap @debtwellnessnow Advisor/Investor @everlane @realwatersports @pinterest @mayvennhair @facebook
Los Angeles, CA
- Tweets 1,179
- Following 1,392
- Followers 3,917
- Likes 926
Ann Winblad said this to me "Karl, it isn't about how much someone will pay upfront for your product It's about how much they will pay to keep using it"
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Thanks for the amazing interview @kevinrose I really enjoyed sharing more about Bacon and its future open.spotify.com/episode/3M8…
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If you want to talk about one of @TheChainsmokers first investments and the next generation of stablecoins.... Me! @BaconProtocol
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We raised $30 million @LoanSnap to continue our mission of helping everyone improve their finances Thank you to our investors and our fantastic team who made this possible. forbes.com/sites/rebeccaszku…
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Only downside is its a diuretic so all those supplements people take go right back out :)
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This is why we need stablecoins that are transparent i.e. assets shown on blockchain and backed by RWAs like @homecoinfinance
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Honored to have been @mvanhorn and @nikbhogal first pitch for @june back at the start. Turns out I was the first check too :) Congrats guys it was a pleasure working with you! forbes.com/sites/anthonykarc…
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We are going after the $13 Trillion mortgage market Our stablecoin @homecoinfinance is the first of its kind Fully transparent and a durable return of 3-5% over years. We saved our customers over $80m last year
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Great thread on quora talking about real world assets and mentions @homecoinfinance quora.com/Are-there-other-ma…
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Thank you and we are excited to be part of the True family!
We’re excited to announce our investment in @LoanSnap and Founders @Karl Jacob and @allanca, alongside @RichardBranson and @JoeMontana! An AI-based mortgage startup: bloomberg.com/news/articles/… @technology
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Patiently waiting for @BaconProtocol holders to take advantage of this price drop using their earnings in $HOME over the past few months
The crypto meltdown has claimed its first luxury victim: the Rolex Daytona.
After reaching record highs earlier this year, prices for the most desirable watches on the secondary market, including the coveted Rolex, have now fallen trib.al/yNy0G7c
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Fun chatting with BankRate about debt and how to cope as rates are rising.... @Bankrate @debtwellnessnow @LoanSnap gobankingrates.com/net-worth…
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Congrats matt and team!!!
1/ Couldn’t be happier to share that our team at @Blocknative has closed an additional $15M financing to build blocks for Ethereum mainnet. As co-founder & CEO, it is both humbling and satisfying to see it all come together 4.5 years into our journey. 🧵👇 fortune.com/crypto/2022/12/1…
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Banks and Governments use mortgages to preserve and grow their wealth. Shouldn't you? Good to see people thinking about real durable yield...finally :) cointelegraph.com/magazine/2… @Cointelegraph @homecoinfinance
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1000% agree Check out @homecoinfinance where we are building a decentralized stablecoin backed by RWA
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While I believe we need stablecoins backed by "internal" assets that are blockchain native This is why we built one backed by real world assets in our case mortgages @homecoinfinance
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Check out my NFT memory on @trystealcam! Be the first person to steal it to reveal it for free stealcam.com/memories/20896
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@elonmusk I was at Benchmark when we were pitched a concept for mobile to mobile payments called...X Funny how things change but stay the same
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Thank you and greatly appreciate your insight and advice!
Keep an eye on @Karl and the @loansnap team. Very excited about what they are doing in the mortgage space. virgin.com/richard-branson/u…
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🤔 What if you could have both...crypto and real estate combined @BaconProtocol
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Lets help people tackle the $17 Trillion debt problem. businesswire.com/news/home/2… @debtwellnessnow #debt #debtwellness #creditcard
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Thanks! Appreciate your kind words and capturing the moment
I was impressed by what @karl said regarding @homecoinfinance .. thanks to the #ApexDevSummit! #13 #XRPLCommunity #XRPL #realtorlife #xrp
Here’s a snippet
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Bacon isn't just for breakfast anymore Please check out our latest cointelegraph.com/news/bacon… #cryptocurrency
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So true. Those who have tech chops, dig in and gain an “acquired taste” in a new industry are rare indeed.
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Love this concept There have been many attempts at doing this in social but the infrastructure was too centralized and peer to peer was outright blocked by the platforms like iOS SnapChat came the closest but opted for a centralized model...
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You can do this today. You simply use @LoanSnap and if you qualify your loan may be financed by @homecoinfinance or other originators coming soon You can even pay your mortgage payment using your wallet if you like
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Had some brutal meetings on that road and some amazing ones. Some start brutal but one in particular was brutal but they ended up leading our round and he was one of the best investors I’ve ever had Roger McNamee
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New way to avoid TG fraud from "coin listing" shillers Just wait a few days and if the account changes to "deleted account" then it wasn't real :) #CryptoTwitter
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Nice job @OpenAI board In one weekend you fired a great CEO, severely hampered your own companies potential *and* created a formidable very well funded competitor… 🤯
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Agreed Now we just need decentralized foundations like a stablecoin that is truly transparent and decentralized 🤔 @homecoinfinance
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Curious When did we go from a billionaire being someone who has a billion dollars to someone who has 10% of a company worth $10 Billion???
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Thanks for taking the time to do this interview and ask great questions!
We speak with @Karl Jacob, Co-Founder & CEO of @BaconProtocol on their multi-token protocol for mortgages, their $HOME stablecoin backed with real estate, how $BACON is tied to mortgage liens, mortgage NFT's, and more.
👇 Watch the Full Interview:
piped.video/zMnxiUUwJug
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Congrats! Can’t wait to see you two crush it!
Today @ScribbleVC is born! I'm thrilled to announce that I've started Scribble Ventures (scribble.vc) a pre-seed, seed, and series A-focused fund, with @anneliesgamble and a little help from @kevinweil.
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@VitalikButerin excited about "DAO-governed real-world-asset backed stablecoins" @homecoinfinance working on it and would love your feedback vitalik.ca/general/2022/12/0…
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We agree :) We took a different approach by creating a stablecoin backed by a pool of mortgages. This allows anyone with a defi wallet access to the real estate market and durable 3-5% return over years. @BaconProtocol baconcoin.com
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I'm helping test @friendtech, the marketplace for your friends on Base 🐰
Get the app and search for my Twitter username to be an early holder of my keys 🤗
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Yup @homecoinfinance Stablecoin backed by liens on homes that are registered at the county *and* represented on the blockchain Loans against those liens provide money to homeowners and cash flow to coin holders
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Have you heard? Katrina Lake, Founder & CEO of @StitchFix, will be the honoree at the @BUILDNational Gala on Saturday, March 23, 2019. Visit build.org/gala to be part of our 20th Anniversary Celebration! #BUILDgala
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Truth When we told them HOME Coin is backed by over collateralized loans on homes they said "Ugh meatspace stuff we don't get that"
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Thank you @richardbranson for the amazing support and mentorship
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Thanks Adam appreciate all your advice and support!
Keep an eye on @Karl and the @loansnap team. Very excited about what they are doing in the mortgage space. virgin.com/richard-branson/u…
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Hard to say Seems like the concern is lack of transparency and consumers fully understanding what they are getting into First and part of second are solvable with the blockchain & we have precedent. Today mortgages power savings accounts, banks just keep the most of the profit
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Thank you. Big opportunity to provide transparency and access to the mortgage market for everyone. It’s been powering only banks, governments, corporations and wealthy for too long…
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Very proud of the team at Standard Fleet and glad to be a supporter!
News: We at @StandardFleet raised $7M to support electric vehicle fleet operators, including @_GoRevel with hundreds of rideshare EVs in NY and @MisterGreenEV with 5,000 EVs in Europe.
With nearly 100,000 EVs connected, we're learning every day.
👇🧵
standardfleet.com/blog/stand…
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I was an advisor to said company when it was 6 people... The last time they dug in deep and focused they changed the world, at first, for the better Maybe you can help make sure their second act changes the world for the better, permanently
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Fear, plus there can be a lot to learn at "early" big companies FWIW I started at Apple then Sun then started building companies Hard to know how to build a company if you haven't been in one that is successful...
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Congrats @TheChungLab so amazing to see you make this step and honored to be part of the journey
Our warmest congratulations to Naomi Levine, Carolyn Phillips, and Eun Ji Chung on their promotion to Associate Professors with tenure! 👏
#womeninSTEM @USCDornsife @USCViterbi @phillips_lab @TheChungLab
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Super tough time for all who banked with SVB We are trying to help If you know anyone affected pls send them this link goloansnap.com/svb-cash/
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I would agree! 3 core things we think a stablecoin should have. 1) Transparent you can see what backs the coin in real time on chain 2) Durable return i.e. years not months 3) Decentralized i.e. not just money in a bank account somewhere backing the coin
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This is awesome and important It's why we put the mortgages backing @homecoinfinance on chain from the start...
16) Second, in any scenario in which FTX continues operating, its first priority will be radical transparency--transparency it probably always should have been giving.
Giving as close to on-chain transparency as it can: so that people know *exactly* what is happening on it.
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Congrats to Eun and team! An amazing discovery that could save millions of lives Wow have we come a long way from the early career chair :)
viterbischool.usc.edu/news/2… @TheChungLab
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Voyager 1 is talking gibberish back to earth...from what we think is the edge of the Universe... Anyone who knows the plot for a sci-fi movie knows what comes next... "NASA's Voyager 1 spacecraft is talking nonsense. Its friends on Earth are worried" @NASAVoyager
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Try @homecoinfinance each loan is overcollateralized and visible on the blockchain. Bonus its built on the BACON Protocol :)
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I remember seeing a founder friend carrying a box of belongings walking down the street I asked what happened and he said "we shut down but I am going to keep going" The company became a very successful consumer hw biz
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Perhaps people who built transparency into a stablecoin from the beginning @allanca @homecoinfinance
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Super excited to announce our latest investors including our co-lead @TheChainsmokers bloomberg.com/news/articles/…
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Pretty sure ChatGPT can do that too along with a variation on "thoughts" that demonstrates you read the funding announcement and are asking detailed questions about the claims therein ;)
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Sharing some thoughts about the traditional mortgage business and how it needs to change #startuplife #finance #blockchain #mortgage instagram.com/p/Ci-8DBEvgnI/…
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Thank you for the great convo!
🚨 New Podcast Episode 🚨
My guest today is @karl, the co-founder, and CEO of @LoanSnap
Major Episode Topics:
▪️ LoanSnap
▪️ @BaconProtocol
▪️ Disrupting Mortgages
▪️ The Future of Real Estate Industry
▪️ Much More
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I agree with @rogerdickey Best advice I got was when I was at Apple "Karl, you have a mortgage? You have kids? any responsibility?" Answer was no to all "Karl, you are only young enough and dumb enough to truly f up once in your life go f up" So I started my first company
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Nothing in the world compares to this feeling.... Takeoff and then the silence while you hang in the air. What an amazing day. #kiteboarding #kitesurfing instagram.com/p/CKuLazNpzxZ/…
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Agree. I encourage entrepreneurs to put it up front to establish credibility that’s usually needed when pitching crazy ideas :). The kind I love
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Thank you @om can't say enough about how great you and the True team have been. Deeply appreciate your support and friendship
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Bacon Curious? We are the first decentralized, transparent and durable return stablecoin We are backed by collateral in the form of a pool of liens on real homes and the return is from repayment of the loan on the house $HOME
Have questions about $HOME? We're hosting a Twitter Spaces to give you the TL;DR on what we've been up to.
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Thank your for an amazing article that does a great job of explaining what we are doing forbes.com/sites/kamranrosen… @_kamikazee91
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Will do! Turns out when you back a coin with over collateralized real world assets that generate cash flow just like what the government and banks use you can survive and even thrive in these times
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Chris is an incredibly thoughtful and helpful investor who really helps founders. If you have a chance work with him
Today, I’m thrilled to announce the launch of my new firm, Ritual Capital, a $38M seed-stage venture firm investing collaborative $300k checks in exceptional founding teams building iconic, enduring companies. ritualcapital.com
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Helping people around the world save more money and make more money thru @homecoinfinance We want to save people billions and help them earn even more We saved them $80 million last year
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Agreed which is why it’s a suggestion. If you don’t have the network then pre-seed VCs imho isn’t where I would start. Incubators and/or networking. Most VCs look for signal and if you don’t have product or metrics then you need some kind of signal…. No matter what the stage investors rely on signal especially if they don’t know you. This is why you don’t pitch later stage VCs without an intro
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I just subscribed to Superhuman VIP. Check it out 👉 producthunt.com/upcoming/sup… via @rahulvohra
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If history is any indication they will go back to "safe" jobs like people did in 99 Very few companies were started in that timeframe but the infrastructure for startups is much stronger now Maybe it will be different this time Some did survive 99 and thrive though...
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I would tend to agree, but the boiling frog theory has been debunked en.wikipedia.org/wiki/Boilin…
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Interesting read and runs counter to some of my personal experience, but takes "all kinds" IMHO
🦄 What does a unicorn founder’s career look like before they hit it big? Where’d they go to school? What jobs did they have? You may be surprised!
What we found out may not match the “perfect founder’s resumé” in your head.
lnkd.in/dTkiQp3v
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And it couldn't happen soon enough This happened post .com bust and some amazing world changing companies were born while the entitled who left sat the sidelines
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On twitter space with @elonmusk and he says “doge to the moon” when he drops in lol Now he is talking about SBF wanting to get into twitter acquisition
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Thank you for taking the time to learn more about what we are up to and dispel some of the myths :) We firmly believe collateralized, transparent, durable return and decentralized stablecoins are key to the future of the blockchain
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Get your $BACON!
The time has come - you can now deposit into the @Uniswap liquidity pool in order to earn extra $BACON. Check out our step-by-step visual guide here bit.ly/394bQX9
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Eun Jin Chung from @USCViterbi helping children understand how the body works particularly when it comes to disease Honored to support her work viterbischool.usc.edu/news/2…
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More great news. AAA invested and is partnering with @loansnap Link in bio @ Costa Mesa, California instagram.com/p/CG8UpZbpJ1Q/…
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