kfcm

22 ms·

1. 181.▲
   by kfcm 15y ago

   Agree. After all, he did have another, non-tech $1MM/year business. Suppose his banker was just going to blow him off when he approached with this idea? Personally, I think this is Wells Fargo (and maybe a couple others) outsourcing the d
2. 182.▲
   by kfcm 15y ago

   Using my awesome math skills, it would take 4 million transactions/year to break $1MM in revenue. Or roughly 11K/day, 460/hour. That's easy, if they can grow their user base.
3. 183.▲
   by kfcm 15y ago

   Actually, I'm not surprised a company like this has started in Des Moines. Contrary to Milne's "location is just an excuse", location is everything for a start up. Des Moines' little secret is that it's a major "back-office" financial-serv