Who Is Using Financial Mobile Apps

Paypal released its Venmo active users – 40M

Its’s very impressive compared with comparables.

    • JPMorgan: 51M
    • Bank of America: 37M
    • Wells Fargo: 30M
    • Square Cash App: 15M

While there are different types of fee (revenue) in Venmo like instant transfer and merchant fees, I was wondering if Venmo could do ads as well – like Instagram.

 

「Podcast of the Week」WSJ Instant Message: The Movies Come To You Now

We need more discussion on algorithms.. not only for social media feeds, but for jail sentences, racial bias and other sensitive issues.

To some extend, I think the ultimate justice should be “created”, not to be “applied” or “extrapolated”. If all cases are determined by algorithms, it’s gonna be a self-enforcing one and it will be hard to find what’s wrong.

Interesting…「Podcast of the Week」 Original Podcast Being Deleted…

So I was going to put an a16z podcast “Security’s Past, Present, and Future” as this week’s 「Podcast of the Week」…

Then on April. 23, I found that the podcast was deleted from all platform.

None of the links works now. (a16z, SoundCloud)

And I didn’t notice anything wrong when I listened…

Anyway, I will save this post for that podcast… as it has existed for around one week.