Apple Announces $1B Fund to Create U.S. Jobs in Manufacturing
nytimes.com2 pointsby speek0 comments
The problem we're solving
Tech stack
What we need
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= What we do =
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= Looking for =
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We are a super un-sexy, VC-backed, revenue-generating, Trade Finance automation company (think Pipe for the real world) that's bringing the the $10tn Trade Finance space in to the 21st century.
The problem we're solving
When Walmart gives La Croix a $100k order for seltzer, not only does Walmart not pay after receiving goods for 3-4 months but La Croix has to cover the cost of actually making their goods for a bunch of time (months). As a small business, this sucks hard. Fishtail will lend to La Croix when they get an order from Walmart so they can satisfy demand without tying up huge amounts of working capital. Usually banks will lend to folks only when the product makes it to Walmart (and only to large companies, who don't traditionally need $) -- the net effect of Fishtail is that we lend earlier in the chain to smaller businesses (which is a super duper hard problem).
Tech stack
Our web stack is react/nodejs/graphql -- with some extra public REST apis (all typescript) - data stack is python/pytorch + spark. We get a boatload of data tracking every vessel in the water/every plane in the sky (among other datasets like every trade transaction that has happened over the past N years).
Fun fact
We have a sustainability-linked trade finance product where we can tie the interest rate of our loans to the sustainability of the individual shipment (i.e. the greener the shipment, the better your interest rate) -- this is super nifty when you consider that transportation is responsible for ~30% of the world's green house gas emissions and there's really no good way to identify the best option to get from A to B.
What we need
We're looking for support taking our product to the next level on two main fronts: product + engineering. This is a very very complicated problem space (both from a concept + infrastructure perspective) and we need some crazy people to help us define what needs to be built + actually build it.
Reach out to [email protected] if you want to help small businesses win while saving the planet with us (sr. full stack web eng posting on angellist is here if easier -> https://angel.co/l/2yanqJ)