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raagulanpathy
@raagulanpathy
The Stablecoin Guy | Building @kastxyz | Investing @JaffCap | Ex-VP of Circle in APAC
1.5K Following    12.5K Followers
KAST Business is ready for you!
The team behind @KASTbusiness is stacked.. We've spent years building payments at Stripe, Airwallex, Wise, Bridge, and Circle. This isn't our first card program. It isn't even our second, or third. Those years taught us one rule (amongst numerous) --compliance decides whether your cards work. One bad actor lowers approval rates for every customer on the program. So we've put serious work into KYB. Five external partners with an internal team of 50+. Strict onboarding protects your approval rates. What you get: • Cards for ad spend and ecommerce, set up the same day • As many cards as you need • Free cards, no minimum spend or balance • Fund with crypto, stablecoins, or fiat • 3% cashback on ad and ecommerce spend through Dec 31 • 2.6% cashback starting Jan 1, 2027 Card spend is up 10x since launch. All from inbound and word of mouth. Reach out to me and the @KASTxyz team directly and we'll get you set up.
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We at @KASTxyz are offering US$250K + $500K equity, to skip your MBA. See details in link. Reqs: GMAT 745+ in last two years No interviews Just a sanity check with me.
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Revenge is under-rated. Take it from me.
the moat is a founder with childhood trauma and a constant, debilitating fear of not achieving their potential.
Not triggered much 😂
Americans who are judgemental about the quality of Italian food in [random place] in Italy vs. [random neighborhood] in NYC is one of the funniest experiences I have in the USofA. A Decalogue to Americans who talk about Italian food: (1) Beauty is the eye of the beholder, i.e. you need to understand good food to judge good food, think about it (2) Netflix is the death of restaurants, if you are using Netflix-famous restaurants as your benchmark you are missing that those benchmarks were manufactured for you in the first place (3) Great Italian restaurants outside tourist cities don't take foreigners, gate-keeping them thru language like in Japan (4) Great Italian restaurants inside tourist cities don't like foreigners, gate-keeping them thru word of mouth reservations (5) Great Italian restaurants who like foreigners most probably also have a branch in NYC (6) Name dropping famous chefs is very cringe (7) If it has cream on it, it is typically not food (8) Truffle oil is not truffle, it is non-olive oil after a holiday in a Chinese container (9) Ingredients are everything, and good ingredients don't travel (10) No, it is not notorious in Italy that NYC has the best pizza in the world, in Italy people don't even know NYC has pizza Never trigger an Italian on food.
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Imagine if you stuck to your guns, and had to actually boycott Singapore Airlines and travel on <insert any Indian or Indonesian airline> 😂 😂 😂
When I joined Zoom, I tried to go the lowest salary/commision split I could get. I asked for 20/80 or 30/70. They would only do 50/50, still lower than most people 60/40 or 70/30. People with conviction are wired differently.
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In 2018 I tried to cut my Revolut salary to £0. I’d just been promoted to VP. We’d just closed Series C. 3 years in, I had full conviction Revolut would become a $1T company. I didn’t want cash. I wanted shares. My general counsel wouldn’t let me go below minimum wage. It was against the law. So I took minimum wage and the rest in equity. I had ~£20k in the bank from university side hustles. I built a simple runway model and I had about two years before I went broke. LFG. So I rented a 300 sq ft studio five minutes from the office and ate free company food to keep costs down. Today those shares are worth $10M+.
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If you can multiply two, three-digit numbers in your head in under 3 mins, you have a final job interview with me waiting for you. If you can do it in less than a minute, I’ll send you an offer straight away and then we can find the role. I’ll take above 2/3 accuracy.
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Old white Aussie’s can be easy to misunderstand. A lovely retired chap came up to me in a coffee shop, and asked if I was Sri Lankan. I said yes, I am! He said “I love Sri Lankan’s”. “Had this great friend when I was working in Melbourne. He’d often invite me over for a curry. The curry is hot, but I loved it. He was such a great bloke. You guys are great. I knew you must be Sri Lankan, he looked just like you, as dark as can be” 😂 😂 😂 You really can’t call that racism, can you. p.s. I was going to ask him if he’d met anyone from our Sudanese community, but I like being called dark so I just ran with it!
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Am I the only one who says thanks to ChatGPT? 😂
Why is no one talking about how hard it is to dance on one leg for that long?
ماذا تفعل العلمانية في عقل الانسان!!!
Worse than men playing in women’s sports.
Some things in life are greater than AI agents. IYKYK.
If @SpaceX and @Tesla merge, just call it “Musk Inc”. Might as well cut to the chase.
Meta Comms fully let go when he can use bukkake 😂 - love to see it!!
when i try to explain SF to my non-tech friends, i usually end up using the term "money bukkake" at some point in the night
“Lessons as a founder” After our recent Q3 board meeting, someone asked me what was the biggest lessons I’d learnt this year. There is literally no end to them, but let me share three of them here. 1/ Delegating doesn’t work No founder wants to do everything, nor be a micro-manager. But the reality is that if you have 10 key people, you can’t delegate things to them and expect them to get done like you’d get it done. “Hire great leaders who make great decisions” is only partly right. That’s not an ego-boost, it’s just reality, because founders can make fast and hard decisions. You can also lean harder into risk. It’s not that my leaders aren’t 8-9/10, its not that they don’t do most things by themselves, but you have to squeeze yourself into things that generates the extra 0.5 from each area, that keep you winning 98/100 vs 95/100 or 90/100. When you compound the extra squeeze, it means 10% MoM growth vs 8% MoM growth - and that in three years is double the size of company, and then magnified for fundraising prospects and ability to scale product velocity, really decides the winners vs losers. As a founder, just own that in the early stages it’s on you, don’t shy away from it. Elite sports teams have the championship winning players, and the rest of the championship team. It’s just how it works. It’s why you get paid the big bucks (and also get blamed if you don’t win). 2/ F*ck the niceties There is absolutely no secret, that I don’t hire MBAs, don’t hire from banks, or big tech or consulting. I also don’t hire people with 4 lines in their LI title. They’re not ready for KAST-level company, because no one will mollycoddle you here. Each founder will have their views on what will work and what won’t. Maybe they’re right, maybe they’re wrong. But it works for them. What I’d say is, don’t change it for anything. Many will come along, question it, and maybe make you question yourself. But honestly when you stray from your views, it comes back to bite. Today if anything I’m hardening on my views, not softening. At the end of the day, you didn’t go and start a company so you have to tippy-toe around saying nice things. 3/ Everyone will hate on you Customers will hate on you, because of some product or service issue. Employees will hate on you, because you made tough decisions around re-organising the company or their role. Investors will hate on you because you’re growing fast, but not fast enough. Competitors will hate on you, if you start winning. If you’re worried about this, you’re in the wrong game. My good friend R—-l once told me very early “Raags, startups are a blood sport”. That never left me. If you don’t accept it for what it is, you’re in the wrong game. Be ready to be punched over and over, and to come back and keep fighting. The good news is that history is written by the victors, so as long as you win, all is forgiven and forgotten. —- Many more lessons, but that’s the big ones from 2026. Happy founding, founders!
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Contribution Margin x Growth > Revenue
Who’s undervalued vs overvalued in fintech banking/spend? > @mercury: ~$1B revenue → $5.2B valuation (~5x) > @slashapp: ~$250-300M revenue → $1.4B valuation (~5x) > @tryramp: >$2B revenue → $60B valuation (~30x) Mercury & Slash look cheap.
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When I was 8 years old, just two years after fleeing war in Sri Lanka to Australia, I remember watching on the morning TV, the market where my dad had a health food shop, was burning down. The next day, I remember going to the shop to see what was left, if there was anything we could salvage (it was the 80s, safety was lax). Oddly, the one and only thing we salvaged was a food weighing machine. No idea how it survived. It fell under a bench, which burnt above and protected it somehow. The food weighing machine was enough for my parents to make by for 6-9 months by packing small whole foods like dried fruit, and so forth, which they would sell to other retailers. My sister and I helped too, it was a family affair. We got by. Eventually we rebuilt. But it was enough of a scar, to always remind me of the pain you go through being a small business owner. When I see people looting LV, it’s not great, but Bernard Arnault will survive. When I see a one-man shopkeeper defending their stores. Honestly it’s just not forgivable. Who are you kicking? That man or woman with their whole life savings, in the stock of the store. Why kick them? I really just can’t bear to see it.
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You yourself out there for opportunities, and good things happen (both ways <> to Josh, and to us at @KASTxyz for having Josh)!
genuinely the best 2 weeks in a while. met the most genuine people that i was always shy to speak to love what i do. eternally grateful to everyone in my journey.
The Queen GOAT 🐐 of Marketing @KASTxyz
What a f*ckin blessing to be exhausted because you’re building something you truly believe in, surrounded by people who share the same passion. The long days, sleepless nights, crazy deadlines, last minute chaos, endless flights, incredible people, and unforgettable moments you’ll be talking about for years. The kind of work that drains your energy, tests your patience, pushes you to your limits, but somehow makes you want to do it all over again. Tired as fuck, but happy as hell. Because when you genuinely love what you do, even the chaos becomes part of the magic. That’s the kind of exhaustion I’ll never complain about. @KASTxyz has my whole heart 🖤
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