Alexander de Rafols (@deRafols) profile picture

Leading @Affirm’s international expansion | Early stage investor @LorimerVentures

London, England
Joined March 2015
have followed AI music gen for the past years and this banger feels like an inflection point… complex harmonies, big melodic shifts, orchestra and synths, original lyrics and irresistibly catchy
Gave Opus 5.5 donald's prompt, Midjourney, and a moodboard 12 hours later, woke up to this:
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Millions of @amazon 🇬🇧 customers can now access @Affirm. We've delivered a simple, streamlined UX for customers... abstracting huge lending complexity across credit, regs, payments, ops, etc. All the while putting customers first w/ no surprises, compounding interest, fees etc!
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Alexander de Rafols retweeted
👀 Today we're publishing the Lorimer Ventures Builder List — our inaugural recognition of world-class operators building things that matter. 🏗️ We created the Builder List to highlight and champion our Builder Community. These are people in the trenches building enduring companies, products, and solutions that change markets and the world. 🧠 We've experienced firsthand that the team you build is the company you build. The dynamic range between an average and a great employee has always been enormous — often 50 to 1. In today's "Age of the Builder" that gap is widening even further as AI gives top talent the leverage to achieve unprecedented creativity, productivity, and scale. 🕵️‍♀️ Many funds ambiguously claim to have a "network" that supports their founders. At Lorimer, we created this list to show the quality of Builders we surround our portfolio with. These aren't advisors. These are people with hands-on experience who roll up their sleeves to drive value. Builders who know what it actually takes — not from a boardroom, but from the trenches. 👩‍💻 Here's a taste of what our Builder Community has recently accomplished for our founders: → 40+ hires placed into portfolio companies across every function → 16 rounds where Lorimer sourced the lead investor → 100+ customer pipeline introductions 👩‍🎨 Those featured in our Builder List set a high bar that we all aspire to. We're honored to be building alongside them. 👉 Have a look here: gamma.app/docs/The-Lorimer-V…
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Alexander de Rafols retweeted
Affirm $AFRM Q1 FY 2026 Shareholder Letter: “We extended our US agreement with Amazon for an additional five years” 👏🏻👏🏻👏🏻
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Thanks for having me on 11:FS! Enjoyed discussing all things underwriting & open banking as @Affirm scales to new markets with diverse fidelities of credit data
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Alexander de Rafols retweeted
2 years, 50M users📈 & a TON of world class product taste🤌& execution👊later, the next chapter for @gammaapp begins. From the earliest days @thisisgrantlee & @thatsjonsense have had a clear vision of creating a new Canvas for Modern Work. Try it out now: gamma.app
Gamma's first AI launch was exactly 2 years ago. We were pre-revenue - just a small team crammed in a 2-bedroom apartment, hoping for some signups. Today, 50 million users later, the next chapter at Gamma begins ... and we're pumped. We're dropping powerful updates and an entirely new look & feel that transforms how you'll work with AI. Our vision: To build tools for imagination. You have ideas. Gamma helps you explore them, shape them, and bring them to life. Try it out now: gamma.app (We'd love to hear what you think)
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🌎 Momentum continues as @Affirm goes international- today we launched with @Shopify in CA 🇨🇦, by the summer we'll be live in the UK 🇬🇧 w/ hundreds of thousands of merchants, and in the coming qtrs we'll be in Australia, Netherlands, Germany, and France
📰 Breaking: Affirm & @Shopify take Shop Pay Installments global 🌍! Here’s the news: 🇨🇦 Canada launches today w/ early access – SPI’s first market outside 🇺🇸 🇬🇧 UK and Canada general availability this summer 🇦🇺🇫🇷🇩🇪🇳🇱 More geos to come! Learn more: bit.ly/42pRtM6
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🇬🇧 Tremendously excited to announce we're launching @Shopify in the UK soon. This is just the beginning for @Affirm ramping up to significant scale in the UK and beyond.
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Alexander de Rafols retweeted
Part of our founding vision of @LorimerVentures was to build a firm that could support, catalyze and authentically represent the explosion💥of entrepreneurial energy in Brooklyn⚡️. There is still lots of work to do & we are proud to build alongside the Brooklyn tech community❤️.
94 VCs on the map and counting. NYC must have the highest concentration of VCs per square mile in the world. From OG funds like @PrimaryVC, @usv , @FirstMarkCap, @firstround to newer funds in the city like @a16z , @generalcatalyst , @GreylockVC to emerging funds like @EverywhereVC , @LorimerVentures , @CentreStreetVC. We missing anyone?
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Alexander de Rafols retweeted
Congrats to @itzikcoh & the entire @PayZenCare team on this amazing Series B led by Mohamad Makhzoumi at @NEA to accelerate the growth of their "care now, pay later" products!
🚀 We’re excited to announce that PayZen has secured $232 million in Series B equity and debt funding led by @NEA with continued support from existing investors @SignalFire, @7wireventures, and @ViolaGroup! Read more about this significant investment: bit.ly/4ckyIMR
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👏🏻 @alexandr_wang @scale_AI! Their journey from "outsourced BPO" moniker to being THE leading data foundry for AI is well deserved and a transition I witnessed firsthand. Circa 2016/7 at Dataminr, (same yr @scale_AI was founded), we faced the nightmarish task of building and maintaining a complex set of AI systems, many of which Scale now offers out of the box…
1/ Today, @Scale_AI is announcing $1B of financing at a $13.8B valuation. The round was led by @Accel along with our existing investors. @Scale_AI has never been better positioned to accelerate the abundance of frontier data and pave the road for AGI. 🧵 scale.com/blog/scale-ai-seri…
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The AI systems overhead at the time was vast… from tooling to standardize ML model accuracy, to building our own custom & multi-modal human-in-the-loop data labeling platform, to launching entire ML QA systems for models (in the early days many co’s literally used in Google Sheets with dozens of tabs to manage QA of dozens of deployed ML models).
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No surprise this overhead has become productized to perfection by @scale_AI (and a few others), and will allow enterprises to leapfrog into AI capabilities and focus on their core competencies (which is likely not AI systems).
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Alexander de Rafols retweeted
On the time YC cofounder @jesslivingston tore me a new one and changed the future org structure of Ramp: At YC, we attended weekly office hours where every startup shared 1/ their weekly growth %, 2/ their biggest problem, and 3/ what they were doing to solve it. That week in summer 2015 our startup Paribus had grown 20% w/w, our biggest problem was that we were getting too many customer support tickets, and our proposed solution was to hire a customer support person (as the third hire at a then two-person startup). Jessica pointed out that if our solution was to hire someone to deal with customer issues, then next week when we grew more we’d have to hire another person, then another, and so on. Her point was that the real solution isn’t solving tickets, it’s listening to customers and building a better product so customers never need to write in the first place. She told us how @bchesky of Airbnb, an icon even then, would still walk around wearing a Jawbone earpiece so he could personally take support calls, hear customer feedback and deal with problems immediately. She (kindly and graciously) schooled us in front of the group, and it was one of the best learning moments I’ve had as a founder. In a sense, every customer support ticket is a privilege – someone took the time out of their day to write about how to improve your product. But it’s also a failure – you could’ve saved them that time by making the product better and more intuitive in the first place. You can’t out-hire a bad product, or compensate for poor taste with a big support team. Support is not a cost to minimize, it’s a key function every company should take seriously. When you listen to customers and make your product intuitive, you get output graphs like the below – where the rate of active user growth far exceeds the rate of support tickets. To this day, almost a decade later, support reports into product at @tryramp
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Overnight music production goes from @Gladwell’s @thebeatles law of 10,000 hours of practice -> teen generating a top tier hit in seconds
Here’s an early preview of ElevenLabs Music. All of the songs in this thread were generated from a single text prompt with no edits. Title: It Started to Sing Style: “Pop pop-rock, country, top charts song.”
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Alexander de Rafols retweeted
We’re so excited to announce our latest product, Attentive Concierge. If SMS marketing was the answer to impersonal, one-to-many communication, Concierge is the evolution to simple two-way conversations. attentivemobile.com/blog/con…
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