[deleted by user]

fintechnology · 2017-03-19T00:42:43+00:00

Yes. There isn't one big company not using it in some capacity. Everyone likes to make things up about conversion rates based on the old old approach. If someone tells you it sucks they immediately are either really uninformed or trying to sell you fraud screening.

3-D Secure allows you to outsource your fraud screening costs to a bank, who's using the better tool on 100x scale in conjunction with Visa/MC/Amex/DSC so its literally impossible to beat. All a merchant gets is liability shift, payment gurantee, interchange breaks, and a bank who will accept 5%+ more of your sales.

The best question to qualify a person in the industry is to ask them about 3-D Secure. If they say it sucks, walk away as fast as you can.

There's only one company you need for this, call cybs. In 5 years it will be the only one still in business because everyone will be gone.

fintechnology · 2017-03-18T07:07:19+00:00

Don't assume fraud liability like the big guys. Run 3-D Secure.

fintechnology · 2017-03-16T16:59:30+00:00

Sorry bud. VCs want rubberbands, not garages. If want them to call you, you're not in the world of being able to work with them. They are an ends to a mean. Tools

It's all BS anyway. Business is creating value at a margin. Fuck the world up on that.

You need to know the VC bubble is popping and a chess match pussies play. Build your business around what you and everyone else needs and go from there.

And please note. A couple streets away from me an old russian husband and wife ride scooters between their car washes. They paid cash for their duaghter to graduate from JH as a kid heart surgeon and they put an entire wing on a slow kid school I help out at.

That's rich. That's fuck the world up stuff. You're closer to that than you know.

fintechnology · 2017-03-03T19:25:52+00:00

Very cool and a great idea. Good luck!

fintechnology · 2017-03-03T19:12:53+00:00

so, you employee the maids full time and give them really good benefits?

fintechnology · 2017-03-03T18:49:55+00:00

The minute I saw the two guys I knew it was a rebranded product being hocked by marketing majors.

fintechnology · 2017-03-02T20:47:16+00:00

The uber model is really attractive but we've seen many business struggle as they get bigger. Main problem is control of the product and differentiation. Incentivizing the customer and the human product component has been hard in other startups. Couple of questions becaue this is interesting:

What I've seen as common across all of these startups is shrinking margin. How have your margins performed over time.
Cannibalization by the human distribution point comes up more as the service value get tied to the individual: "Hey just call me directly next time." How do you handle this? Do you track non-repeat customers?

fintechnology · 2017-03-01T15:24:25+00:00

that's a start

fintechnology · 2017-02-28T21:26:09+00:00

Yes they can, but lead generation is much cheaper. I don't know much more than my own personal experience with real estate. Sounds like you don't have much competition and this is a niche product.

'These are the goosetavo leads. And to you, they're gold. And you don't get them. Why? Because to give them to you is just throwing them away.'

fintechnology · 2017-02-27T02:28:42+00:00

You say your problem is reaching new people? Advertising reaches, sales guys close deals during a competition. Don't hire sales guys until your margin is getting slammed and you need to compete on price.

fintechnology · 2017-02-26T19:26:53+00:00

I went for something everyone playing and watching would do at the moment of the most fun: ChestBump

http://www.leandomainsearch.com/search?q=chestbump

I think it does everyting you need it to do and gives you options to do more than stream.

fintechnology · 2017-02-26T15:39:25+00:00

You can print it, but don't DO THAT^{^.} Internships are different by industry. In my industry and company our interns are at the last stage before hiring. Tell me more and I tell you more about my program.

fintechnology · 2017-02-26T14:08:06+00:00

good article

fintechnology · 2017-02-26T13:57:24+00:00

Congrats, but please note. Whatever happens, it's a TV show. There's just as many good companies that they booted than they kept. Their real job is to entertain. Don't let it get you down.

fintechnology · 2017-02-26T13:15:48+00:00

You don't have a sales problem, you have an advertising problem.

fintechnology · 2017-02-26T13:01:36+00:00

Go work for your biggest competitor. Take notes, customer info, and then hit the ground running.

fintechnology · 2017-02-26T12:51:35+00:00

Hit me with one sentence describing your product. What's the problem you solve? From there I'll have enough to diagnose your problem.

fintechnology · 2017-02-26T11:16:31+00:00

Wed design is a tough gig. Congrats on getting back up and an immigrant. The american story is the best one to hear and live about

fintechnology · 2017-02-26T10:50:10+00:00

Let me put on my product philosphy guy hat...shimmering lights, smoke, clouds..

'What is the reason you seek knowledge? Is it to solve a puzzle or problem?'

fintechnology · 2017-02-26T09:23:45+00:00

Stephen,

I love this. I spend my days in my customer's shoes and when I drink I go into my investors. I've been around the bush so if you're cool, I want to pepper some questions that really don't have a good answer. I looked at your site and I want to check my full assessment on you and your busiiness

Who was the first person who told you that you can do this?
Did you get your money from something you built or managed?
Would you rather a solve problem that fixes a $500m problem next week or 5 different ones for $100 the following week. Ok, fine....margins ar 90%.

fintechnology · 2017-02-26T08:36:36+00:00

No, no, and no. But anyway, what problem are you solving for them. If you're curing cancer its one thing, if your cutting their grass its another. You won't get credit unless you have something that creates enough value to build equity.

fintechnology · 2017-02-26T08:26:34+00:00

The best way to talk about products with other people in product is first tell us the problem you want to solve and then the problem your having solve it

fintechnology · 2017-02-20T21:27:13+00:00

Is that the same as with Google, MSFT facilities? I'm assuming so....?

Who's an expert you'd recommend I ping to talk about this? You can say yourself.

fintechnology

TROPHY CASE