Wise

Dirk are all the way for the Houston Astros.

Wise, Wagner, and James for Philadelphia.

And here at the stadium, White Sox are leading the Yankees 5-0 as Luis Aparicio steps in against Bill Mambo-Kett.

First pitch is right in there, strike one.

You'd imagine that most investors don't really care where a company is listed as long as it is listed in a shareholder-friendly regulatory and legal regime.

London's attractiveness as a listing venue, in particular for technology stocks, appears to have become tainted in 2021 when tech stocks like Deliveroo and Wise were listed on the LSE only to quickly see their share prices slump.

VC firms argue that this happened because the institutional investors that dominate the London market don't understand tech and that they were looking for cash flow.

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You go rewatch the game, there was some good.

I know in our minds it was just a disaster, but there was some good things, all right? And the bad things need to be fixed.

And, you know, Third Wiseman talks about Arthur Smith and Bowen being charged to fix the thing specifically with the O-line and just, you know, offensively.

So Nevada, talk about that and then kind of lead into the second point of pass protection fixes, technique, you know, and to your guys in terms of not oversetting all those little technical things that really matter.

Well, as you said, it's always little things that kind of, you know, Ryan referred to as drops in the bucket, these little drops in the bucket that, you know, cause these bigger problems.

I like it.

And then lastly, talking about a big week for the O-line and looking forward to another step from Luke Fahey and Jeremiah Smith, along with seeing the backfield shares and who steps up as the number two behind Jeremiah Smith.

And Chris Henry is the belief from the Wiseman.

Those guys are bank licensed.

For example, Wise, at one point I used Wise as well.

But Wise, if I'm not mistaken, if I remember correctly, they are not fully licensed bank.

They have virtual IBANs

in the background.

And this is back even before the last wave of fintechs were around.

So before you had companies like Wise and Revolut making some of that already quite a bit easier for the traditional currency.

So even when it came to moving, let's say, dollars that you made doing some kind of freelance gig back to euros, you could encounter some friction just by going through your bank as you might typically do.

And so that was something that was always kind of in the back of our minds.

Do you think this trend is still ongoing?

Well, first of all, I think prices in peer-to-peer remittances, price is very important, right? So, and I think what Christo and the team at Wise have done, or Matt and the team at Remitly did, or even the turnaround of Western Union that's going on and at MoneyGram, peer-to-peer remittances makes a lot of sense that you want it as cheap as you possibly can for all the reasons we described and certainty it delivers.

On the acquiring side with Addian and others, we've seen take rates erode because there's stiff competition.

for a product that has many people offering very similar solutions for it.

Many a man on a throne has been troubled with the bitterest, sorest trouble that man can know.

Wise men like Solomon have, in spite of their intelligence and their wisdom, been full of the keenest anguish and trouble.

Rich men who lived in palaces, who could fly to the ends of the earth to find enjoyment and gather luxuries from every clime, have yet committed suicide trying to escape their troubles.

Brilliant men, having the ear of the world, poets, orators, statesmen, leaders of great armies, have been mastered by their passions and their lusts and have fallen like Lucifer from heaven, ending their days in drunkenness and debauch and shame, wallowing in trouble.