LSQ

We're very excited to announce the addition of Brian Rieber to the LSQ team!

http://go.lsq.com/fOKv50NljSG

An unfortunate outcome of the collapse of two banks whose demise resulted from their own bad decisions would be to have the herd mentality shift to putting the brakes on funding promising startups with great ideas more generally. It would be a shame for investors to think that the bloom is off the digital rose just because their big bets on bad moonshots, perhaps deservedly, never got off the launchpad.

The Silicon Valley Bank Story No One Has Told The collapse of Silicon Valley Bank has spawned dozens of stories about the bank’s egregious missteps, but Karen Webster has a story that hasn’t been told yet.

"40% of B2B payments are done via checks, and 81% of all companies pay their enterprise counterparties with checks... for SMBs, ad-hoc payments represent 38% of sales. Of that amount, 30% of those payments are late." The ability to pay digitally and on-demand offers convenience and certainty of payment in a time when companies can't afford to wait.

Digital Disbursements Kill the Uncertainty of ‘The Check’s in the Mail’ Digital disbursements and direct- to-bank account transfers improve supply chains, cement customer loyalty and help grapple with ad hoc payments.