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Don Muir

@donmuir_

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Co-Founder & CEO @join_arc

San Francisco, CA
Joined September 2021
Don't wanna be here? Send us removal request.
@donmuir_
Don Muir
1 year
When I was at @Stanford , I met @JamesCurrier of @NFX . He told me to find "the fast moving water." I had no clue what he meant then ... but it dictates everything I do now. 🧵🪡
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@donmuir_
Don Muir
3 months
We raised a $150 million credit facility just 6 months after founding Arc. We were first-time founders with no finance team, product, or customers. So how did we pull it off?
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@donmuir_
Don Muir
2 months
We all start somewhere. What matters most is taking that first step. @nicklom12 & I sent over 1,000 cold emails to secure our first 10 customer LOIs. We used our student email addresses to juice conversion. We hacked our first $100K check from a startup competition on campus to
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@donmuir_
Don Muir
2 years
Accessing capital, managing money, and tracking financial metrics sounds obvious. And yet, finance for founders is broken 🤯 @join_arc is building the Future of Startup Finance by delivering a vertically integrated Bank Account built for Startups 🏦 How did we get here? 🧵
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@donmuir_
Don Muir
1 year
This morning, @join_arc launched Arc Platinum at #NYSE on the verge of the @klaviyo IPO Tech is coming back, with a vengeance, and we’re here to support its growth Next stop, San Francisco, for the Arc Platinum takeover at Oracle Park alongside 500 inspiring #startup #founders
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@donmuir_
Don Muir
17 days
The time has come 🚀
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@donmuir_
Don Muir
11 months
I've admired @NYSE since opening my first brokerage account at 13 years old. Back then, I couldn't imagine joining the legendary @JudyKShaw  on #NYSEFloorTalk to announce @join_arc 's disruptive new product launch 🚀 Arc Platinum is just one more step towards our mission of
@NYSE
NYSE 🏛
11 months
. @donmuir_ , Founder & CEO of Arc Technologies, joins #NYSEFloorTalk ’s @JudyKShaw talk about Arc's mission to transform the financial landscape with Arc Platinum, its premium cash management experience for startups. | @join_arc
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@donmuir_
Don Muir
6 months
Let’s go 🚀 @JamesCurrier
@sri_batchu
Sri Batchu🇺🇸
6 months
Interesting to see newer and smaller VC funds being able to punch high on web awareness with content (tho A16Z still king).
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@donmuir_
Don Muir
3 months
I sat down with @sytaylor prior to the #synapse bankruptcy, which is impacting ~100 fintechs and 10 million customers today. Now more then ever, compliance has become a unique competitive advantage for Arc. For the first time, compliance and security are driving the banking
@sytaylor
Simon Taylor
3 months
It's hard to stand out among Ramp, Brex and Mercury, But Don Muir CEO of Arc believes compliance is a competitive advantage, and capital markets experience matters This is interesting counter positioning. In this podcast season I've spoken to the CEO of Ramp, Brex and Mercury.
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@donmuir_
Don Muir
2 years
Thanks for having me! It was a pleasure to share @join_arc ’s story with @YahooFinance this morning. We’re on a mission to help startups grow—we want founders to know that we’ve got your back!
@YahooFinance
Yahoo Finance
2 years
"We're living in unprecedented times in the tech ecosystem," Arc Technology CEO @DonMuir_ says. "As equity becomes more expensive driven by lower valuations in the venture capital markets, startups are in droves looking for non-dilutive sources of capital to extend the runway."
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@donmuir_
Don Muir
8 months
@rohitdotmittal 12 months ago, one bank dominated Venture Debt with 70% market share. Today, Venture Debt is fragmented, with dozens of lesser known bank & non-bank lenders. However, their disjointed, offline application processes are operationally onerous for under-resourced management teams.
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@donmuir_
Don Muir
1 year
Hard to believe we started building @join_arc over 2 years ago out of @Stanford — this is a huge milestone for our team of Arc-itects. Thank you for the feedback on the platform. Excited to hear your thoughts & feedback 🏦
@join_arc
Arc Technologies
1 year
After nearly two years of building, we’ve officially launched on @ProductHunt ! Check out our listing and let us know what you think 👉 Thanks to the startups in our community, our partners, our backers, and, of course — our Arc-itects! 🙌
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@donmuir_
Don Muir
3 months
This Saturday, @join_arc is teaming up with @MenloVentures to host a brunch with 30 consumer founders at our new NYC HQ.
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@donmuir_
Don Muir
3 months
This is why thousands of startups are switching to @join_arc , which combines the high-NPS experience of FRB with the product experience that modern companies deserve.
@roelofbotha
Roelof Botha
3 months
Despite months of planning, @jpmorgan is failing miserably at the simple task of transferring former First Republic Bank accounts. That includes the embarrassment of having your card declined for transactions, despite assurances that everything would work smoothly.
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@donmuir_
Don Muir
3 months
Many of these pre-IPO SaaS companies are fundamentally strong & instead raising longterm private credit to grow into their valuation. Arc’s capital team is doing this all day.
@jaminball
Jamin Ball
3 months
Here’s the challenge. The private markets are FULL of companies who were growing 50-100% at ~$100m of ARR. And the reality today is many of those are now growing <20% at $200-$300m ARR. TAMs were captured sooner and companies didn’t scale into their next product line, large
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@donmuir_
Don Muir
2 months
Nearly 100 NYC-based founders poured into @join_arc NYC HQ on Saturday. Every day, I’m astounded by the strength of the founder community here. Arc will always support founders – from coast to coast. Huge shout out to @CCgong and @hellomorganlai for co-hosting this epic event,
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@donmuir_
Don Muir
6 months
Who’s at SXSW this weekend
@brickywhat
Erika⚡️⚡️
6 months
Are you at SXSW? Go find my team!!
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@donmuir_
Don Muir
2 years
Today we launched a podcast. Why’d we do it? Find out in the 🧵 below. Ready to listen live? Check it out👇
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@donmuir_
Don Muir
2 months
Couldn't have said it better myself @sytaylor The future of finance will be driven by fintech, in partnership with the few traditional banks who recognize this generational market opportunity. The rest will be left behind.
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@donmuir_
Don Muir
1 month
some things don’t change post-YC @garrytan
@garrytan
Garry Tan
1 month
During YC all you should do is flat, gym, YC, and ideally your customer’s office or places where you meet your user That’s it. Focus is saying no.
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@donmuir_
Don Muir
8 months
Arc Capital Markets - the "Uber Black of Venture Debt" - is officially live 💰
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@donmuir_
Don Muir
11 months
Thanks for hosting @join_arc to share our story! I'm a big fan of @TomDaytonFlyers & a proud partner of @Zendesk -- thanks for everything you do to support the #startup community 🤝
@adamfodonnell
Adam O'Donnell
11 months
😪🚨 week of March 7, 2023... #allhandsondeck I'm truly inspired by your story @donmuir_ , CEO of @ArcTechTeam 💛 Listen on Spotify: ✳️
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@donmuir_
Don Muir
3 months
I get energized speaking with founders & CFOs. Learning about their business. Unpacking their pain points. In this market, raising capital & driving efficient growth are top of mind.
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@donmuir_
Don Muir
3 years
At @Arc , we’re reinventing Wall Street for Silicon Valley. Couldn't be more excited to announce $161M in funding to build the first full-service finance platform for #SaaS in partnership with @Stripe . Thanks, @bayareawriter for your story
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@donmuir_
Don Muir
1 year
@ycombinator 🤝 @join_arc We are proud to serve the YC founder community. Thanks for the shoutout on our @ProductHunt launch today @snowmaker 🥹
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@donmuir_
Don Muir
1 year
Appreciate the @join_arc team a whole lot ⚾️ Hard work 🤝 equal play
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@donmuir_
Don Muir
1 year
Wrapping up a great week at #CollisionConf2023 ! Crazy week and looking forward to keeping the energy going 🚀🚀
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@donmuir_
Don Muir
2 months
I cannot wait to meet the extraordinary Y Combinator S24 batch on Tuesday at Arc HQ in San Francisco (including many recent Arc clients from the batch)💥
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@donmuir_
Don Muir
1 year
Everything we do @join_arc revolves around our customers. We listen to them; their priorities, desires, what keeps them up at night. Then we crunch the data + prioritize. Without customer input, we wouldn't be where we are today. Here's what we've learned: 🧵🪡
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@donmuir_
Don Muir
2 months
The power of new technology allows founding teams to do more with less. Top performers no longer accept that their fate is a corporate job in a declining industry facing technological disruption. Arc’s stated mission is to fuel innovation with modern financial products. So I
@rexsalisbury
Rex Salisbury
2 months
the craziest thing happening in our economy...rate of business formation has increased 60% since pandemic. At first this seemed like a one off thing. Now it's been 4 years. What's causing it?
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@donmuir_
Don Muir
3 months
Start-ups don’t starve, they drown. There’s too much to do, too many opportunities. This is a crucial mindset shift. Knowing when to cut bait vs. double down is more art than science.
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@donmuir_
Don Muir
1 year
Arc's mission is simple: Help Startups Grow. Great to see such strong turnout by founders & startup operators on our webinar to build a repeatable sales motion led by @kylevamvouris and @BasileGSenesi -- more to come 🚀
@join_arc
Arc Technologies
1 year
Missed today's webinar on building a repeatable sales process? No worries, we've got you covered w/ the recording below! Huge thanks to the ~75 founders who attended, @BasileGSenesi and @kylevamvouris !
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@donmuir_
Don Muir
6 months
🚀🚀 #joinarc
@brickywhat
Erika⚡️⚡️
6 months
I just networked for 12 straight hours, talked with 100+ potential new customers, and I’m about to drive an hour home and do the same thing again tomorrow startup hustle goes so crazy y’all I forgot how fun and nuts this was
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@donmuir_
Don Muir
1 month
Choosing the right name for your startup is one of the most existential decisions as a pre-seed founder. What makes it so hard? 🧵
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@donmuir_
Don Muir
1 year
Thanks for joining the Arc Platinum launch 🚀
@brickywhat
Erika⚡️⚡️
1 year
you guys…the @join_arc photographer at the event last week got this INSANE pic of my sister. best event of TC week by far!!!
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@donmuir_
Don Muir
1 year
Couldn’t agree more 💪
@garrytan
Garry Tan
1 year
There is only one moat. Execution. — @tanay_tandon
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@donmuir_
Don Muir
1 year
Today, tech #banking changes forever 🧵
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@donmuir_
Don Muir
1 year
I’ve been an avid user of @Gong_io since the first sales calls at Arc. Now we’ve adopted the software across the full revenue team. Excited to share this partnership we’ve spun up offering steep discounts available today for all Arc banking users 🚀
@join_arc
Arc Technologies
1 year
This week's partner spotlight features @Gong_io ! Gong delivers sales insights at scale, empowering teams to make decisions based on data from customer communications instead of opinions. Founders in the Arc network receive discounts on both the license and platform fee! Claim
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@donmuir_
Don Muir
3 months
Entrepreneurship is a long and challenging journey. You don’t need to do it alone. Co-hosting this event with my former classmate and 2x Arc investor @CCgong (Principal @ Menlo Ventures), as well as @hellomorganlai (Founder & CEO @ Fountain), reminds me of the incredible
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@donmuir_
Don Muir
1 year
1/ My advice for founders? Stay nimble. The tech landscape's evolving constantly. Being adaptable will ALWAYS set you apart. Tweak, strategize, and put it into action.
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@donmuir_
Don Muir
1 year
On my way to Toronto for #Collision2023 ! I'll be at Media Village tomorrow with @talbschwartz at 10am EST. Swing by to say hi or DM if you're around and want to meet up 👏🏼
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@donmuir_
Don Muir
3 years
@alexa_grabell “PLG” autocorrects to “Pocus” for me
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@donmuir_
Don Muir
3 years
Insightful discussion of @join_arc & the evolving fintech ecosystem with @bayareawriter
@TechCrunch
TechCrunch
3 years
The friends with benefits of the financial world by @nmasc_ , @bayareawriter and @alex
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@donmuir_
Don Muir
1 year
What a week indeed… humbled by this group of fintech founders who stepped up to support the startup community
@abebrown716
Abe Brown
1 year
What a week! And we haven't stopped. Here's the instant—and definitive—oral history about the Silicon Valley Bank crisis. Big TYs to @sm , @brextonpham , @immad , @parkerconrad , @SamirKaul1 , @bradleytusk , @Bouazizalex , @eglyman , @donmuir_ , @sachchitnis .
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@donmuir_
Don Muir
1 year
+1 Super impressed with YCS23 🚀
@snowmaker
Jared Friedman
1 year
I've never seen a YC batch where it's easier to find ideas for teams that are pivoting. There are so many great AI startup ideas just sitting there that you can't help but bump into them.
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@donmuir_
Don Muir
1 year
@rexsalisbury I’ll be there leading a panel on the future of tech banking + fundraising - let’s link up!
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@donmuir_
Don Muir
4 months
Well said @sytaylor - the next 5 years will be transformational for traditional commercial & investment banking. Driven by fintech & AI.
@sytaylor
Simon Taylor
4 months
I think there are three disruptive forces reshaping Wall St 1. Fintech APIs 2. Fintech AIs 3. Tokenization They apply across all products and services, and there’s a patchwork of companies and founders attacking them. Here's how I think about the map Capital Markets are: 👉
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@donmuir_
Don Muir
2 years
@garrytan @garrytan -- @join_arc is uniquely positioned to serve @ycombinator #Founders with our near-instant funding-to-banking product. We're stepping up to the plate to help founders make payroll and satisfy other short-term working capital needs. Details here:
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@donmuir_
Don Muir
3 years
@KateClarkTweets @join_arc shares @ycombinator 's mission to help startups grow. We're working daily with the YC team & its alumni founders to define our product roadmap and build the full-service finance platform that founders deserve. Would love to connect live to discuss in depth!
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@donmuir_
Don Muir
1 year
@Join_Arc + @Stripe teamed up again last week to host another awesome event at the Arc HQ 💥 For #SFTechWeek , we brought together just under 200 tech founders, operators, and investors.
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@donmuir_
Don Muir
1 year
@BasileGSenesi @Superhuman @rahulvohra I’m a huge fan of this AI feature. And @rahulvohra gave me a live demo on launch day at WebSummit 🚀
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@donmuir_
Don Muir
1 year
@elonmusk @zerohedge @elonmusk those are 2022 numbers. We’re offering 5%+ to tech companies in <10 mins thru my startup @join_arc
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@donmuir_
Don Muir
1 month
It’s time to debundle the bank balance sheet.
@mikulaja
Jason Mikula
1 month
Your periodic reminder that the "fintech bad, banks good" narrative is not just overly simplistic, but inaccurate:
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@donmuir_
Don Muir
2 years
The first few guests of the podcast include the founders of @vouch_group , @jeeves_inc , @merge_api , @MiddeskHQ , @DemostackHQ , @getpocus , @fundbox and more. Over the coming weeks, we’ll showcase the executives of large businesses to provide a more holistic perspective.
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@donmuir_
Don Muir
3 months
Growing up, my obsession was finance - picking my first stocks on Scottrade at 13 was a bigger thrill than any video game. ($7 / trade back then!) With a dad who bootstrapped his way from humble roots to pubco CFO, I saw the uphill battle finance teams fight daily.
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@donmuir_
Don Muir
1 year
Will you be in San Francisco for #TechWeek ? 🤔 Join @Stripe and dozens of Bay Area  #startup  founders at @join_arc HQ. Let's rebuild San Francisco together 🌉 The fun begins at 5:30pm on May 31st. Message me & I'll add you to the guest list 📨
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@donmuir_
Don Muir
1 year
It’s a rainy FJW ☔️ And I’m loving my winding drive through @RockportMA listening to @AutioApp - finally learning the history of my hometown after 30+ years. Awesome platform @woodysears
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@donmuir_
Don Muir
1 year
Stay nimble & listen to your customers. Only they can lead you to the fast moving water.
@garrytan
Garry Tan
1 year
A large % of the biggest companies you know of today had to pivot Why? Product market fit requires knowing the needs of customers, which is nontrivial. Sometimes you pick an idea just to get in touch with a certain problem space, and then it’s the pivot that works.
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@donmuir_
Don Muir
3 months
highly recommend Slootman’s Amp It Up to all 0 to 1 founders. Nothing is more important than instilling sense of urgency in your founding team DNA
@zfellows
Z Fellows
3 months
CEO of Snowflake on “pushing the urgency” via: @cory
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@donmuir_
Don Muir
1 year
Couldn’t agree more 🚀 🏦
@PVG_VC
Private Ventures Group ("PVG")
1 year
#VC companies looking to make a business banking switch need to look at @join_arc Feedback from most founders that moved over is that Arc’s cash management solutions for CEO/CFO teams is top tier against any they’ve worked with so far.
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@donmuir_
Don Muir
2 years
Arc is more than a platform-It's a movement of over 1000 founders helping us level the playing field ⚖️ 1 Year ago, it was 3 of us in a dorm room. Now, we're 30 Arc-itects in SF announcing a $20M Series A 💰 While I can't believe how far we've come, we're just getting started🚀
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@donmuir_
Don Muir
1 month
@ycombinator is launching its inaugural Fall '24 batch on the back of blockbuster demand 🚀 Judging by the quality of startups we're seeing emerge in the W24 batch, we are not surprised at @join_arc Applications are due on August 27th!!
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@donmuir_
Don Muir
3 months
Excited to share my key learnings in today’s Keynote at @CollisionHQ (Stage 6 at 1:45pm EST). Hope to see you all there!
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@donmuir_
Don Muir
3 years
@mitchellshow @jasonlk @join_arc There's more where that came from. Excited to scale with you Alex!
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@donmuir_
Don Muir
1 year
3/ Build for customers (and no one else) They're the ones that lead you to the 'fast moving water.' Don't look behind your shoulder to check what competitors are doing. Everyone else is already doing that ... Look to the people giving you their investment instead.
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@donmuir_
Don Muir
3 months
Banks employ armies of junior analysts to build repetitive financial models in Excel. These have historically been the most coveted jobs for new grads across the top 10 schools in the US. These roles will be displaced by AI in the next 3 years. And the banks who don’t adopt
@sytaylor
Simon Taylor
3 months
Fintech was seen as the least exciting opportunity for GenAI That's precisely backwards It's the most impactful
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@donmuir_
Don Muir
1 year
For the first time, Startup CFOs don’t need to choose between the safety of a big bank and the returns, verticalized support, and UI/UX of a fintech, they get both. Want to learn more? 👉 Ready to upgrade? 👉
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@donmuir_
Don Muir
1 year
@noahbreslow @BainCapVC @join_arc @ProductHunt Fortunate to have you in our corner, Noah 💪
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@donmuir_
Don Muir
1 year
We all know the old adage warning against 'putting all your eggs in one basket,' So, how is that mentality shifting across the financial world? ... 🧵🪡
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@donmuir_
Don Muir
1 year
How to fail in business in 2023: 👉Don’t listen to your customers. 👉Don’t adopt new technology. 👉Don’t deviate from the plan. 👉Don’t change your mind. How to win? Do the complete opposite of lines 1-4 😌
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@donmuir_
Don Muir
1 year
2/ Listen to your customers. I've been talking about this a lot lately but can't understate how important it is. If you're making decisions without knowing how they impact your ICP? You're miles behind.
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@donmuir_
Don Muir
1 year
Check out our launch here:
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@donmuir_
Don Muir
1 month
The “Fear Index” spiked to its highest intraday level since the pandemic sell off. Last week the market expected a 25bps cut in September. Today, it’s looking like 50bps. And we might see a rate cut before the September meeting. So what’s happening? The market is pricing in a
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@donmuir_
Don Muir
5 months
@BasileGSenesi So real. Careful out there. @join_arc needs you 🙏
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@donmuir_
Don Muir
2 months
@brickywhat
Erika⚡️⚡️
2 months
some call it growth hacking, others call it hyper personalization, here at @join_arc this is simply the standard. Here’s a pic of our latest pile of handwritten cards for the @ycombinator S24 batch! If you see yours send me a DM! Or pick it up at our first S24 event next week 🤠
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@donmuir_
Don Muir
3 months
@bapelj Up to $500M term loan with Arc’s late stage credit partners. Sizing is generally 2-3x ARR for credit quality B2B SaaSCos.
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@donmuir_
Don Muir
2 years
@Bfaviero repping the brand 🚀🙌
@Bfaviero
Bruno F | Magna
2 years
Selling this car and moving to NYC will be the end of an era. What should I change my plates to?
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@donmuir_
Don Muir
8 months
I couldn't be more excited for what lies ahead for Arc and its disruptive startup customers next year. A huge congratulations to our allstar team of Arcitects, investors and partners. We couldn't have done it without you. 2024 will be the year of @join_arc 🏦
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@donmuir_
Don Muir
3 months
@Stan_3s @sytaylor Arc faced challenging trade offs in the pre-seed days. I hear you. The decision to prioritize compliance over speed & unit economics was among the most difficult we faced. Particularly when (larger) fintechs were fast & loose and regulators were turning a blind eye. Those days
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@donmuir_
Don Muir
1 month
The result? A platform solution of intelligent financial products built to fuel the innovation economy, starting with capital and cash management. This vision resonated with early investors including @JamesCurrier , @JeffreyBerman78 , and Atit Jariwala. As well as 10 launch
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@donmuir_
Don Muir
3 months
@lmushin Lucky founder. couldn’t think of a higher quality name on the cap table. When’s the reveal?
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@donmuir_
Don Muir
2 years
While the topics covered vary, they typically center on how they secured their first customers and employees, and grew their business. In the final minutes, founders get vulnerable—they talk about the impact of founding (and growing) the company on their well-being and more.
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@donmuir_
Don Muir
1 year
@ycombinator
Y Combinator
1 year
Today @join_arc (YC W22) launches Arc Platinum, the premium banking experience for startups. With Arc Platinum, startups receive accounts at top U.S. banks, waived treasury fees, dedicated support, and exclusive wellness benefits. Congrats @donmuir_ ,
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@donmuir_
Don Muir
1 month
@BasileGSenesi Can’t relate to this whatsoever @BasileGSenesi
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@donmuir_
Don Muir
2 years
@Bfaviero Change it to @join_arc to match that 🔥 hat
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@donmuir_
Don Muir
2 years
@shensi_ Want to go out in Lisbon with me and @GilFeig tonight?
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@donmuir_
Don Muir
1 year
@elonmusk companies should be doing better than 4% in this market… @join_arc lets companies invest in T-Bills and Money Market funds yielding up to 5.1% APY with @BNYMellon The 3 month T-bill is at 20+ year high 🚀
@elonmusk
Elon Musk
1 year
@zerohedge So bizarre that people and companies don’t use money management (Treasury Bill) checking accounts and earn 4%!
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@donmuir_
Don Muir
26 days
there’s no shortcuts in entrepreneurship
@paulg
Paul Graham
26 days
Working long hours is not a sufficient condition for doing great things, but it does appear to be a necessary one, especially in the early stages.
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@donmuir_
Don Muir
2 years
You can listen wherever you podcast: Spotify 👉 Apple Music 👉 Amazon 👉
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@donmuir_
Don Muir
3 months
The key ingredient is to orchestrate a comprehensive process with the right players at the table. You need a carefully curated lender list, bulletproof virtual data room, and firm understanding of which credit terms drive your business. Otherwise, you risk jeopardizing your
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@donmuir_
Don Muir
2 months
The September rate cut may be the catalyst that Silicon Valley has been waiting for to come roaring back. Particularly alongside a pro-tech regime change.
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@donmuir_
Don Muir
3 months
@fintechippo @sytaylor @join_arc It takes <5 days on average to receive terms through Arc Capital Markets from 5-20 lenders. Internal debt raises by a Company or their VC takes 10-16+ weeks and include just 2-3 counterparties on average. This results in longer time to close and less optimized terms. Arc’s
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@donmuir_
Don Muir
1 year
Let me take you on a journey of my finance nerd-ery. From day trading in my early teens to building my own fintech company, there's been a lot of evolution along the way. 🧵🪡
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@donmuir_
Don Muir
1 year
4/ Follow along for more insights as we keep building the #FutureofStartupFinance !
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@donmuir_
Don Muir
1 year
In a recent tweet, I talked about why it's so important to listen to customers (and your gut) while building your product. So I'm back with a story about the impact of listening to yourself and your people — not your competition. 🧵🪡
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@donmuir_
Don Muir
8 months
With @join_arc , CFOs can now more easily navigate that complex landscape when they use Arc their debt and cash management partner. Leveraging the Arc Capital Markets SaaS platform, CFOs can now spin up a comprehensive data room for their debt raise, using financial APIs and AI
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@donmuir_
Don Muir
2 months
"It would be good if the Fed waited now." This week, Jamie Dimon asserted that it’s too soon for the Fed to cut interest rates, claiming that government spending and re-militarization could reignite inflation. The market disagrees. So does Powell. With declining inflation and
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