A VCs risk profile does not look like yours, due to the fact that they're diversified and you're not. Imagine your company is doing well and there are two ways to proceed: option 1: your company can be sold today for…
VCs are (primarily) investing other people's money. The basic overview is this: VC raises a $100m fund that is expected to last for 10 years. They charge a 2%/yr management fee, for their work as investors. Then, they…
I'm never a fan of advertorials, despite their occasional efficacy, because I think they devalue their surroundings. I'm particularly bothered by then when substantial effort is made to make it difficult for even…
So it's postgres log shipping, with S3 as the target?
Startups are akin to an MBA. Running a small but ambitious company forces a serious, motivated founder to think about every business function. I don't see any meaningful downside for the founders who choose to spend…
It's not a class issue. A more accurate appraisal would be that one is paid highest for strategic work, next highest for tactical, and the least for operational work. If you're great at operational work, but are no good…
I agree that many retail banks wouldn't be missed by anybody if they disappeared tomorrow; and I applaud and support efforts to improve competition in the sector. I think that we share a vision of what should be in the…
Me too, but the procedure actually demands that you file a complaint with your own bank.
As a customer, I'd feel a lot more comfortable if you worked solely as a technology vendor to my bank. This isn't a knock on the team you're putting together, or your ability to build a great company. It's caused by the…
Okay, so let's take a real situation that happened to me: an ATM debited my account $600, but only dispensed $300. In that situation, I call you, and what happens from there? Thank you for taking the time to answer some…
I don't understand who I call when a problem arises. Do I call you, the anonymous partner bank, or is it simply impossible to call somebody if I have an issue?
Nor did getdropbox.com, or mymint.com
The attackers reported the problem to Amazon and allowed Amazon to fix it prior to their public disclosure. I don't see how that's FUD. There was a problem, they found it, they let Amazon fix it, then they reported what…
There's an app that has you take a photo of the front and back of the check, and they accept that for deposit.
Many retailers still sync up daily via batch processes creating a race condition where copies of a real receipt could be used at multiple locations on the same day. There are also issues with exception handling…
I'd like to see a list of accepting/rejecting retailers, because this seems quite strange to me. A lot of companies use anti-fraud paper and secure inks to reduce alteration of receipts. I would expect that loss…
He is using his name to get signups to the general national marrow donor program registry. It is possible to get tested just for Amit, but the default is that you get tested for a match to anybody who needs it.
If I see somebody who graduated summa from a decent school, I instantly know at least one thing about them: they're good at identify what the customer wants, and delivering it. You simply can't graduate top of your…
A VCs risk profile does not look like yours, due to the fact that they're diversified and you're not. Imagine your company is doing well and there are two ways to proceed: option 1: your company can be sold today for…
VCs are (primarily) investing other people's money. The basic overview is this: VC raises a $100m fund that is expected to last for 10 years. They charge a 2%/yr management fee, for their work as investors. Then, they…
I'm never a fan of advertorials, despite their occasional efficacy, because I think they devalue their surroundings. I'm particularly bothered by then when substantial effort is made to make it difficult for even…
So it's postgres log shipping, with S3 as the target?
Startups are akin to an MBA. Running a small but ambitious company forces a serious, motivated founder to think about every business function. I don't see any meaningful downside for the founders who choose to spend…
It's not a class issue. A more accurate appraisal would be that one is paid highest for strategic work, next highest for tactical, and the least for operational work. If you're great at operational work, but are no good…
I agree that many retail banks wouldn't be missed by anybody if they disappeared tomorrow; and I applaud and support efforts to improve competition in the sector. I think that we share a vision of what should be in the…
Me too, but the procedure actually demands that you file a complaint with your own bank.
As a customer, I'd feel a lot more comfortable if you worked solely as a technology vendor to my bank. This isn't a knock on the team you're putting together, or your ability to build a great company. It's caused by the…
Okay, so let's take a real situation that happened to me: an ATM debited my account $600, but only dispensed $300. In that situation, I call you, and what happens from there? Thank you for taking the time to answer some…
I don't understand who I call when a problem arises. Do I call you, the anonymous partner bank, or is it simply impossible to call somebody if I have an issue?
Nor did getdropbox.com, or mymint.com
The attackers reported the problem to Amazon and allowed Amazon to fix it prior to their public disclosure. I don't see how that's FUD. There was a problem, they found it, they let Amazon fix it, then they reported what…
There's an app that has you take a photo of the front and back of the check, and they accept that for deposit.
Many retailers still sync up daily via batch processes creating a race condition where copies of a real receipt could be used at multiple locations on the same day. There are also issues with exception handling…
I'd like to see a list of accepting/rejecting retailers, because this seems quite strange to me. A lot of companies use anti-fraud paper and secure inks to reduce alteration of receipts. I would expect that loss…
He is using his name to get signups to the general national marrow donor program registry. It is possible to get tested just for Amit, but the default is that you get tested for a match to anybody who needs it.
If I see somebody who graduated summa from a decent school, I instantly know at least one thing about them: they're good at identify what the customer wants, and delivering it. You simply can't graduate top of your…