6 ms·
lol. Elliot blowing up was fucking hilarious. Main take-away: high-quality 3d bovine renderings don't help to solve the "problem" of international shipping in
by batt4good 6y ago
lol. Elliot blowing up was fucking hilarious. Main take-away: high-quality 3d bovine renderings don't help to solve the "problem" of international shipping in e-commerce...
Their biggest edge that they failed to realize was the fact their pricing model was a % of each item sold, not a flat fee per month. However, it's hard to say I didn't see the fall of Elliot coming - their initial beta was an absolute cluster a mere two weeks before their slated "launch date".
Also, it's still unclear why some early founders at Parsley Health were involved with Elliot?
- xal 6y agoBtw, that was the pricing model that I launched my ecommerce platform with. I only pivoted it to the now common saas subscription after the first year (basically a move of desperation at the time)
- theturtletalks 6y agoIt was genius to monetize the credit card processing fee instead of the order directly. Do you see Shopify moving off of Stripe eventually to get even lower rates? eBay did something similar by with Paypal the past few years.
- xal 6y agoNo! It's one of the few great partnerships in tech.
- agustif 6y agofinix payments it's supposed to help you built a stripe for yourself, not so sure about negotiating better rates.. If stripe can't break the visa-mastercad duopoly Stripe has a lot of stuff also in software/services
- gvkhna 6y agoStripe will negotiate their pricing with larger vendors similar to anyone else and can probably offer competitive rates.
- mahmoudimus 6y agoJust use a neutral vaulting company!