gregorygev

8 ms·

1.
by gregorygev 2y ago
We extended the trial period to 30 days now. The original intent behind 14 days was to force a deadline onto user to get set-up properly and realize value of the product. (Seeing their financials in real-time) Though the comment above justi
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by gregorygev 2y ago
Currently the goal is to make the product awesome for our initial markets (US/Canada) but UK will be supported soon after we believe
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by gregorygev 2y ago
Hey - puzzle looks interesting. I’d say we focus a lot on simplicity and flexible reporting, we have a built-in real-time spreadsheet so you’re able to put the kind of report that matters to you as a founder rather than the one one we force
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by gregorygev 2y ago
what do you think would be a fair price for the product?
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by gregorygev 2y ago
hey - we'll think about this. In the meanwhile it is still powered by the same high-performance customizable ledger from our earlier ledger api pivots - it is 100% accessible via API.
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by gregorygev 2y ago
yes, we have something in the pipeline that would address that :) feel free to email me at gregory at modernbanc dot com if you want to have a deeper convo on that.
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by gregorygev 2y ago
thanks - we are indeed working with high-street accountants. I also think there is a driver as you said from founders and smaller business owners who want financial insights. Those same businesses have budgets for reporting/budgeting a
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by gregorygev 2y ago
this has been requested a lot and is on our short term roadmap. Can you expand on your use-case and how important is this feature to you?
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by gregorygev 2y ago
Thanks :) Europe is definitely on the roadmap.
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by gregorygev 2y ago
Thanks for your kind words. > This is clearly not an attempt to replace Excel, it's an attempt to accomplish a set of use cases in a better way than clunky export-import flows This is exactly how we think about this too.
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by gregorygev 2y ago
about a year now I'd say - while their design kicks ass I think it's the speed and thoughtfulness of the product that makes it stand out.
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by gregorygev 2y ago
good catch - will address that!
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by gregorygev 2y ago
this is our 3rd pivot :) we've launched other products before such as Ledger API processing over $100m in txn volume a month and a PCI vault for fintechs with 1m+ users. However we took a hard decision to pivot again as we didn't
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by gregorygev 2y ago
Hey - I agree with your bookkeeping + tax filing points! Regarding the "Request quote" button - I hear you! Right now the product isn't positioned to serve mid/larger businesses so we basically have to make a case to di
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by gregorygev 2y ago
thank you - not always easy to make a business case for craft, but I personally think it shows care about the product and sets customer's expectations for your future features.
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by gregorygev 2y ago
hey, thank you - for sure! Rillet looks interesting, they appear to focus on SaaS vertical for mid-market companies (more like targeting Netsuite's customer segments). We on the other hand focus on a simpler setup where small business
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by gregorygev 2y ago
thank you! Yes, to provide the kind of experience we want for now we have to focus on smaller and only US-based companies. Once we nail that we can go up company size and wider in geographies :)
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Launch HN: Modernbanc (YC W20) – Modern and fast accounting software
123 points by gregorygev 2y ago|113 comments