I convinced my family to do VC and am no longer invited over for the holidays. Tweets about tech, investing, family offices, WI sports and my life’s randomness.
Wisconsin, USA
Joined October 2010
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Reintro: I’m Dave, I do early stage tech investing for my family’s office.
Stats:
84 total investments
31 funds
53 startups
27 pro rata
5 acquired
8 shutdown
DPI: .21
Built Family VC: investor network of 300+ SFOs.
Officially invited to attend family holidays again.
I ❤️⛳️
Dave Sachse retweeted
Q3 was Flex’s strongest quarter yet as we build the global financial home for HNW business owners.
A few highlights:
- Revenue grew 2.5x YoY at scale
- $20B+ annualized TPV
- Revenue outside business cards grew 7x YoY
- Accounts Payable now accounts for ~39% of revenue
- Texas and Florida are our largest markets, with customers across construction, wholesale, healthcare, ecommerce brands, local government, and more
- 98% gross logo retention
- Global banking now represents 12% of revenue, up from just 0.4% at the start of the year, fueled by spend management, stablecoin, and multi-currency accounts
- Canada is our largest market outside the US, followed by the UAE
- Cross-border payments revenue grew 5.5x YoY
On the consumer side, thousands of HNW individuals have joined the waitlist for Flex Elite, our new personal credit card offering up to 5% cashback on everything.
We're onboarding members in phases. DM us for priority.
Our ambition is simple: build the full financial home for founders, across both their businesses and personal lives. And every quarter reminds me of how underserved traditional businesses are globally.
I joined Gstaad Guy's podcast to share what we've been up to. Watch below.
In a world trending towards automation and AI everything, IRL experiences and relationships will matter more than ever.
I’ve learned that when you authentically do things that aren’t scalable, it can lead to great outcomes.
Family VC member care packages 📦 are on the way! 🫡
Nothing beats getting together with peers to break bread and get to know one another. Authentic and genuine connections can lead to life long collaboration.
A very enjoyable dinner in SF last night with 10 family offices. The staff at CIAORIGATO provided phenomenal service! 🙏
Enjoyed checking out @TechCrunch Disrupt in SF this week. Fun panel with Bruce K. Lee on the topic:“how family offices are reshaping venture investing.”
This snapshot captured me explaining to the audience that in these situations: “I don’t know what to do with my hands.”
After 10 years in VC, it’s clear:
Many founders want to be a VC.
Many VC’s want to be a family office.
Many family offices (especially next gen) want to be a founder and/or VC.
No one enjoys fundraising and the grass isn’t always greener on the other side!
This week I’m co-hosting, with @justis_mendez, a casual coffee meetup in SF before TechCrunch Disrupt.
We have a few spots still open.
If you’re an investor (LP or VC) or founder and want to join, reply or DM one of us.
Checking out TechCrunch Disrupt in SF next week for part of the day.
If you’ve ever attended, what are your thoughts on this event?
Any tips for a first timer?
If you’re an ambitious investor or founder and want to try to meet up at the event, DMs open.
Dave Sachse retweeted
Today, we're opening Flex Elite to the public.
The personal credit card from Flex (@flexsuperapp).
Invite only. Built for high spenders. Up to 5% cashback on everything*, no annual fee.
More than two years in the making. Members get:
> Up to 5% cashback on every category*
> 24/7 travel concierge
> Top hotels through our own partner network: Aman, Dorchester Collection, Rosewood, Eden Rock St Barths and more
> Flights, private jets, villas, yachts with our travel advisory team
> VIP access to Flex-curated experiences: Monaco F1, Art Basel, the Super Bowl and more
> Personal and business finances in one dashboard, one login
Founders who run their personal and business finances through Flex get the highest rewards tier in the industry.
Request your invite: flex.one/elite
Dave Sachse retweeted
Super excited to announce we've raised a total of $7.2 million in funding for @getnoise!
We're on a mission to build the world's largest advertising platform (sans big tech) AND the world's largest gig economy platform 🔥
Here's how:
Dave Sachse retweeted
Proud to share Flex has 4x'd its annualized total payment volume (TPV) since the end of 2025, adding $10B in just a quarter.
Grateful for our team's ambition and velocity!
We are hiring. Come join one of the most cracked teams in all of tech today.
We hit a new milestone at @FlexSuperApp: $20 billion in annualized payment volume.
We ended 2025 at $5B, reached $10B just four months later, and have already doubled again to $20B.
We’re incredibly grateful to our customers for continuing to trust Flex and making this growth possible.
On to $50B, then $100B, then $1T.
Thank you @ericbahn and the entire Hustle fund team for a great meetup with founders, VCs and family office peers in SF yesterday!
And thank you again for the ride back to my hotel via the mini van.
Until next time!
