Definition
Venmo Rich
Mitchell Jones's term for the state of having accumulated credits or balance in a payments wallet that you have not yet moved to your bank account — technically growing, but not yet liquid in the way you think of it. In the Lava context, it describes end users who load credits into their AI service wallet and watch the balance grow through usage-based transactions, creating a mental accounting effect where the balance feels like savings rather than a deferred expense. The term captures a real behavioral finance dynamic: money sitting in a payments platform is psychologically treated differently than money in a bank.
From the episode “Your API Keys Are Killing Your Productivity”Hear it on the podcast1 episode
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