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What a wild 4 years. I could not have imagined learning more about humility, love for my team, love for our customers, and the levers that fundamentally move the world.
We have so much more to build -- now with @stripe rocket boosters! My heart is full with gratitude.
Asta Li retweeted
Everyone is building the next Travel AI. I'm betting on the world’s most trusted travel manager paired with the best AI team I’ve met.
I can finally(!) say it: I'm joining Long Lake to lead product, partnering with @alextaubman and @rasmuswissmann
Today, Long Lake completed our $6.3B acquisition of Amex GBT.
Long Lake acquires and transforms generational businesses with AI across the American services economy.
Amex GBT is the travel partner for 17,500 businesses in 140 countries. Last year, Amex GBT booked 35 million trips for 10 million travelers.
This marks Long Lake’s 40th acquisition, and our family of companies now employs nearly 30,000 people.
We founded Long Lake three years ago with the thesis that AI is going to change every company, but there’s a large overhang between AI capabilities and how most businesses leverage AI tools.
We partner with strong, profitable, and growing businesses to help them deploy AI and improve their customer service.
Our first cohort of companies has doubled their EBITDA in less than two years through topline and productivity growth, all while increasing headcount. (We’re proud to say that we’ve never conducted a layoff.)
We’re excited to share a bit more about what we’ve been up to.
Asta Li retweeted
Talking with @asta_li at @stripe Sessions this week about how how & why we built Ramp Stablecoin Accounts, and where we collectively are going next.
Look forward to seeing many of you there 🫡
Excited to share that Ramp Stablecoin Accounts are now in public beta. Ramp customers can now:
1. Hold stables on Ramp
2. Earn rewards on stable balances
3. Pay vendors & employees worldwide in USDC
4. Pay off Ramp Card + USD payments using stables
5. Use one system for both fiat + stable obligations with the same approvals, controls, and accounting
We are bullish on the institutional adoption of stablecoins and to bring stable technology to Ramp customers.
I accidentally left the stablecoin card from this demo as my default Apple Pay card—and charged my @Waymo ride in USD stablecoins last night.
Do you think I was the first person to pay for a Waymo with crypto?
New: digital asset accounts from @privy_io.
Use one API to build financial products with crypto and stablecoins.
You get payments across tokens and chains, built-in fiat on and off ramps, onchain FX, integrated yield, and flexible custody.
Asta Li retweeted
Come to @stripe Sessions, they said.
It’ll be great, they said.
Cue — onstage agent review of Privy’s docs.
Thanks guys… 😓
I'm speaking at Stripe Sessions, April 29–30, in SF! Let's talk stablecoins, wallets, and global money movement. I'd love to see you there. stripesessions.com
Asta Li retweeted
If you needed a reminder that @segall_max is a uniquely passionate individual and a force of nature. 🙇🙌
Not to mention his eternal love for SF
@segall_max and @DanielLurie are proof that you can just do things.
Max wanted to host an event in SF to bring together builders in the stablecoin ecosystem. And he wanted to invite Mayor Lurie to show that the future of commerce is being built in SF.
Boom. Let's go, San Francisco + Let's go, Privy!
Custody isn’t one-size-fits-all. Today, I’m super excited to launch **flexible custody** — offering custodial and self-custodial wallets side by side for a fully customizable global wallet platform!
This is EPIC -- Privy's Dashboard analytics now showcase how much $$$ are in wallets associated with your app.
This pulls in onchain data from dozens of ecosystems into one unified view!
Asta Li retweeted
1/ Privy powers 100M+ accounts and billions in monthly volume across 1,500+ apps.
Today, we’re giving developers clearer and deeper insight into how users engage with their app.
Enhanced analytics are now live to help teams make better decisions + ship better products.
Asta Li retweeted
Working with @sequoia as our 1st investor was the best early decision we made in @privy_io's life.
Starting a company is brutal - but some investors bend reality in your favor so you get a toehold to change things!
@shaunmmaguire @josephinekchen definitely did this for us 🙇
The fastest signing infra in crypto -- and less than 5 ms on-device
Asta Li retweeted
1/ Today, we’re excited to introduce SLATE — an open benchmarking tool for measuring signing latency across wallet providers.
We built it to make Privy the fastest signing infra in crypto.
Now, we’re open-sourcing it so you can benchmark, compare, and build better products.
Asta Li retweeted
1/ Meet @Segall_Max
Most people know Max as the COO of Privy… but he is also one of the “hardest working” people in crypto.
In fact, his story is far from ordinary:
> Math major at Columbia University
> Quit Stanford to join a startup
> Went from lifeguard to investment banker
> COO at @Privy_io
> Loves sports
> Diagnosed with spinal disc injury — and fought back!
> Survived crypto winter
> Led Privy’s growth (acquired by Stripe)
> Looks like Mark Zuckerberg!
Here's the ENTIRE journey of Max with twists and turns while building the rails for crypto…👇 🧵
Asta Li retweeted
update: i’ve joined the incredible team at @privy_io to scale operations and support our industry-shaping customers.
over the moon to reunite with @segall_max, @sternhenri, and @jayhinz and co to enable a new generation of global internet-native financial and consumer products.
just getting started!!!
