Where I read this book several years ago, it still resonates clearly — amid new instability between now Russia and the US, cancelling Open Skies Treaty, investing in orbital missile systems or supersonic delivery mechanisms of nuclear weapons. This coincides with literally no communication via channels built to de-escalate tensions as they rise — and no reliable channels to verify malign intent vs coincidence.

Such a situation, defused via international treaties, communication channels, contribute to rapid, costly and dangerous build-up of weapons of massive force and little room for error and virtually no recourse of action — and they happened…


A well planned and meticulously researched book that provides a bout of fresh air, despite decades spent on the subject and countless stories told in writing as well as cinematic optics, Dobbs holds one attention to the last page.

Especially poignant the story is in parallel to analysing recent Trump Presidency (shall one read Woodward’s Fear: Trump in the White House, by the way, a mentor of Dobbs). Uneasy analogies abound, but so do stories told by Nixon himself, an avid historical biographies reader, of misdeeds and misfires of Presidents ennobled by history.

It also plays well in 2021 alongside…


The funding is coming from Gauss Ventures and M&F Fund, among other unnamed investors. The startup has up to now opted to raise from individuals and smaller firms, CEO and founder Philip Belamant said in an interview, although that may change in future rounds as it looks both to bring in a tier-one debt line, not just to fuel growth in its current market of the UK but to expand to more countries, including the United States.

For now, Zilch has financed usage of its service off its own balance sheet: it has more than 500,000 users, Belamant said, and…


Traydstream, a London based Fintech is delighted to announce the successful closure of its Series A funding round. The US $8m raised was led by Spearhead Capital in a round from institutional and private investors, including AFG Partners and several European Family Offices.

Traydstream’s scalable, secure and seamless solution has proven to be the answer for many institutions, and it is now live with clients across 4 continents and 17 markets.

May 24th, 2021

Original link


It has been barely 1 year when I wrote a short technical update for one of the projects I am involved — and many years now since I stopped sharing pensive thoughts on a range of subjects — from book updates to industry news items that impact my line of work.

It was both Covid that touched me personally, physically and mentally, as the known network I relied on crumbled under pressure from the air-transmitted virus: closing travel, limiting ways to interact and collaborate. …


Source: Finextra, Square Press Release

“<Square> acquired Verse, a Spanish P2P payments app that allows customers to send and receive payments from friends and family instantly, safely, and free of charge.

We were drawn to Verse’s strong team, and they share a similar approach to us around inventing and learning to better serve customers. Verse will join the Cash App organization at Square, enabling the two teams to learn from one another as we provide them with additional support through Cash App technology and resources.”

More

Comment from Gauss Team:

It has been our privilege to add a token to the traction of Verse and we congratulate the team of Verse responsible for this milestone.


A new normal about employment initiatives, CAPEX investments, SaaS and machine-human interaction

My last flight was on February 26th, after, for almost 1 month, I battled with what looks like the virus that is now ravaging communities across the world.

The anti-bodies test is way off, making it impossible to second-guess the real cause of the malady, but the solace of isolation provides time for strategic thinking. Learning from personal experiences, borrowing from 3rd-party perspective, reading history lessons about similar events — I wish to quickly summarise my gut feeling about where the world would go.

UN agency projects a total loss of 195 million FTE equivalent jobs — disproportionally hitting part-time…


Protecting the person from the collective will be a no easy battle. It will commence when Covid 19 is history.

Government always strove to accumulate information about the individual. Not that it was interested in personal details but in the power one wielded as one: if concentrated around property to be taxed or views to pose a threat to the central authority.

It seldom recorded personal trifles and labour travails, that only came about at the time of paper diaries. People recorded their routine to learn as to how one habits reflected themselves as devout Protestants — as the routine formed substituted the bell of the church before Reformation and before that, with the humanist movement — tracking of personal…


LetoBank, now known in Russia as Post Bank (it’s co-owned by a banking group VTB and the Russian Post) launched a project in 2015 that until 2019 allowed its users to plant over 3 million trees

A short post to compare innovation happens in different parts of the world and often they are similar in shape and form yet differ in size: in January 2020 Bunq, a dutch digital bank reported that transactions of its customers allowed it to sponsor and plant over 40 000 trees in just 8 weeks.

Kudos to climate-conscious customers who follow good nudging effects that correspond with both their personal goals and belief systems and can help the institution respond to the global effects of climate change. …


Very often, a new innovation / product awareness /user onboarding feature has been already tried by a different team, different bank

I’ve learned so many stories from who was for me one of the pioneers of modern banking innovation: James Gardner showed the art of near-impossible at Lloyds Banking Group before innovation labs and then venture in banking came into vogue.

After he had left the banking stage to purse more rewarding opportunities, as, based on his calculus, innovation teams still rarely survived for more than 18 months on average (I went to support the median twice) — new teams that I came to get to know — often repeated the very same ideas the old team, long gone, tried to…

Daniel Gusev

Only a human. VC at @gauss_vc

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