He then joined Micky while he was at Stanford GSB. Nikolay joined them from Morgan Stanley, where he was a tech investment banker.

*Dear Micky, if you are reading this, please let me know if the estimates are close.

Ribbit’s Fund I had BBVA and Silicon Valley Bank as institutional investors, rest mostly being high-net-worth individuals. F

As in the USV story, it is never too late to build what could potentially be the best fund in venture history. Micky was 38 years old when he founded Ribbit, having built five companies prior, most with good but none with generational success.

Ribbit wasn’t the lead investor in any of their biggest value drivers. They didn’t lead any of the initial rounds above for Coinbase, Robinhood, Nubank, Revolut, but still wrote meaningful checks and had exceptional returns.