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I feel like there is a business waiting to bloom here. Imagine a stripe like company that says “we are the unified B2B transaction company” who takes both selle
by reacharavindh 4y ago
I feel like there is a business waiting to bloom here. Imagine a stripe like company that says “we are the unified B2B transaction company” who takes both sellers of software and buying enterprises as customers and create a easy to use purchase system where a software dev in the US could sell to a company in New Zealand without worrying about
1. Currency conversion
2. Local tax collection
3. Invoicing
4. Any other local formalities
That is totally worth day 10% of the value of the product!
- midoridensha 4y ago>That is totally worth day 10% of the value of the product! It won't work: this company will eventually crank up their fees to 30+% of the value.
- rgbrgb 4y agoSounds like Open Collective.
- nickstinemates 4y agoThese companies exist, at least domestically in varying regions of the world. A lot of software/B2B sales are procured through a channel whose primary purpose is an existing business relationship with the company you're trying to sell to. They take a % as a transaction fee. Anywhere from 10-30%, depending.
- julianlam 4y agoAh, procurement. They exist. They suck, they all suck... and I say this as a vendor "procured" by these companies. It's a necessary evil, one that's ripe for disruption.
- nickstinemates 4y agoI think it's a logical next step for companies like Crossbeam[1]. You have a network of partners, some of which are fulfillment partners. They can be the middlemen to expand your network and take a piece. 1: https://crossbeam.com https://crossbeam.com