This is the start of #el-general
Elite floor.
Members only — nothing here leaves Elite Lounge
Monday, Oct 12
Welcome to the three new members this week. House rule: nothing here gets screenshotted to LinkedIn.
Tuesday, Oct 13
Anyone renegotiating ISO splits for 2027? We're moving to tiers — 50/50 under $500K a month, 60/40 above.
We went tiered last year. Retention went up and top-producer churn went to zero. Worth the math.
Rapid is opening a $20M participation facility for Elite shops with 18+ months of data. Details in #el-intros when it's ready.
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Topic channels where funders, brokers and ISOs talk shop in real time.