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True, and that's definitely one of our ideas. But mynameishere's right -- it's very hard to make ends meet with just interest on funds held. Unless you happen t
by benhoyt 19y ago
True, and that's definitely one of our ideas. But mynameishere's right -- it's very hard to make ends meet with just interest on funds held. Unless you happen to get really popular really fast. But in that case you'll probably need more staff or resources, and then you're back to square one.
As far as people paying that price, our thoughts are that we're a "collaborative funding" service, not just a bank, so people will be okay with paying a small cut for the service. (Except for open source: there our philosophy is "you're helping the world, so we'll help you".) We'll find out soon enough if they aren't, I guess. :-)