4 ms·

Perhaps they did a solid analysis, but Twitter doesn't appear to be a rational actor. Look at Jack Dorsey's recent interview as an example, at one point he name

Perhaps they did a solid analysis, but Twitter doesn't appear to be a rational actor. Look at Jack Dorsey's recent interview as an example, at one point he names 3 separate things as priority #1: https://www.huffingtonpost.com/entry/jack-dorsey-twitter-interview_us_5c3e2601e4b01c93e00e2a00 https://www.huffingtonpost.com/entry/jack-dorsey-twitter-int... Apparently this is a trend going back years, it doesn't seem to be doing anything good for Twitter or Square: https://sg.finance.yahoo.com/news/big-twitter-investor-defends-company-013248222.html https://sg.finance.yahoo.com/news/big-twitter-investor-defen...

afarrell 8y ago
You mean Square. Stripe is led by the Collison brothers but is in the same industry.
- StudentStuff 8y ago
  Sorry, all the payments companies just kinda blend together for me (having had to deal with too many of 'em). Corrected the post above. On a sidenote, Square, Stripe, Payment Ninja, <insert payments startup> so far seems to be lipstick on the pig that is the underlying debit/credit networks, often with a hefty price for said lipstick. The US badly needs a better version of Zelle that supports business transactions.
  - afarrell 8y ago
    For recurring/invoice transactions, you could use GoCardless: https://gocardless.com/en-ca/pricing/ https://gocardless.com/en-ca/pricing/ We don't use debit/credit card networks but bank account->bank account networks like ACH, SEPA, etc. Not yet available in the US. Coming soon though.
TheRealDunkirk 8y ago
People have to come to realize that nothing that gets said at this level should be taken literally. At the C-level of Fortune 500 companies, everything is crafted to create a narrative. People claiming that Twitter or Facebook has a political bias are missing the real point. For example, I think that Zuck really, truly, doesn't give a fink about political bias. How could he? He'd never get any sleep! In his position, all he cares about is the money. If that takes making this or that comment or public statement or testimony to Congress, it doesn't matter. It's all geared towards and carefully crafted towards keeping the money flowing. In that sense, he and the top brass at a place like Facebook are all political whores, so to speak. Selling their convictions for whatever keeps the spigot open.

afarrell 8y ago

You mean Square. Stripe is led by the Collison brothers but is in the same industry.

StudentStuff 8y ago
Sorry, all the payments companies just kinda blend together for me (having had to deal with too many of 'em). Corrected the post above. On a sidenote, Square, Stripe, Payment Ninja, <insert payments startup> so far seems to be lipstick on the pig that is the underlying debit/credit networks, often with a hefty price for said lipstick. The US badly needs a better version of Zelle that supports business transactions.
- afarrell 8y ago
  For recurring/invoice transactions, you could use GoCardless: https://gocardless.com/en-ca/pricing/ https://gocardless.com/en-ca/pricing/ We don't use debit/credit card networks but bank account->bank account networks like ACH, SEPA, etc. Not yet available in the US. Coming soon though.

TheRealDunkirk 8y ago

People have to come to realize that nothing that gets said at this level should be taken literally. At the C-level of Fortune 500 companies, everything is crafted to create a narrative. People claiming that Twitter or Facebook has a political bias are missing the real point. For example, I think that Zuck really, truly, doesn't give a fink about political bias. How could he? He'd never get any sleep! In his position, all he cares about is the money. If that takes making this or that comment or public statement or testimony to Congress, it doesn't matter. It's all geared towards and carefully crafted towards keeping the money flowing. In that sense, he and the top brass at a place like Facebook are all political whores, so to speak. Selling their convictions for whatever keeps the spigot open.