tomasien

8 ms·

31.
by tomasien 8y ago
Exactly. We use them because they have a robust feature set that works for our use case (highly regulated data, etc). That's not a trivial thing. It's not a "moat" but it's wall.
32.
by tomasien 8y ago
$2b is definitely a "doesn't have a great moat but has a great business" valuation.
33.
by tomasien 8y ago
They get 7%. I don't know what you're asking with the rest of your question.
34.
by tomasien 8y ago
Fine to do this but unlikely to matter and don’t let not being sure about this stop you for even a second
35.
by tomasien 8y ago
I’m the CEO of alloy.co and know banking software about as well as anyone, I’d be happy to help assuming youre not trying to solve identity verification for the industry. tommy @ domain The main thing is you have to start, get a team to fol
36.
by tomasien 8y ago
I've had two startups "fail" for unusually clear reasons: Startup #1: too hard to believe it could be big. Widely loved consumer website we tried to fund with angel/VC money, and it was too implausible it could ever be a
37.
It hurts to ask(istommydrunk.svbtle.com)
1 points by tomasien 8y ago|0 comments
38.
by tomasien 8y ago
accurate
39.
by tomasien 8y ago
It's fine for the VCs if they can recycle and re-invest that. Otherwise it's a 0.
40.
by tomasien 8y ago
This is great news - it sounds like Buffer is a great company to work for and own as an operator. I do think they're a cautionary tale for trying to build a VC backed (in mission and capitalization) company the way they did, but VC bac
41.
by tomasien 8y ago
It's actually way cooler than that, besides all the compliance help they provide - they provide tokenization but also software to make that tokenization work with 0 code changes on your side (besides env changes), via the use of proxie
42.
by tomasien 8y ago
This is just my opportunity to say: it's a travesty everybody doesn't get the Global Entry / TSA Pre Experience. It's so much better and I hate that you have to pay for it.
43.
by tomasien 8y ago
Thank god for Justworks and Gusto
44.
by tomasien 8y ago
I think there's a fairly likely future that the banks and financial companies will try (and IMO succeed) to ban the providers of this data from using it for anything else. Aka: we will not use a biometrics service that uses our user&#x
45.
by tomasien 8y ago
Chrome's new audio settings ruined this for me
46.
by tomasien 8y ago
I'm saying this for political reasons - since healthcare literally is defense of the people's physical well being, I'm suggesting a branding and messaging change not arguing for overall priority re-adjustments against other i
47.
by tomasien 8y ago
We should think of healthcare (not insurance, care) as our #1 national defense priority.
48.
by tomasien 8y ago
This makes great points that shouldn't be ignored. But here's the reality: most people don't invest in anything but do pay rent. If you just shift that rent into a mortgage + repairs, at least you're investing in somethi
49.
by tomasien 8y ago
They are securities, without a doubt. Just like convertible debt is both debt and a security.
50.
by tomasien 9y ago
Most of that $$ was loaded towards the end of the year, so they were in the middle of the raise as it ramped up insanely. They closed the raise before the revenue was hitting that mark, announced it in August, then it turned out to be likel
51.
by tomasien 9y ago
It was fee revenue
52.
by tomasien 9y ago
Coinbase made a billion dollars last year. I think the investors are pretty chill with whatever.
53.
by tomasien 9y ago
I am sure those forces still exist, but the will to fix the subways in NYC and expand it in other cities (LA especially) is stronger than ever. White flight is either reversing or wants to reverse, and a group with increasing power wants pu
54.
by tomasien 9y ago
You're right that it's too late but a correction will matter to individuals. Drivers knew this study was BS and the correction will help them convince their friends who would be a good fit to drive for Uber that it was, indeed, BS
55.
by tomasien 9y ago
Writing off depreciation + having to pay self-employment tax is probably a wash I would think, not sure though.
56.
by tomasien 9y ago
Yeah they're keeping their old products running, hoping to be a full service bank for crypto. The OTC desk is where the money is.
57.
by tomasien 9y ago
Circle's main product is an OTC crypto trading desk which has been killing it. They move huge volumes for big players.
58.
by tomasien 9y ago
Coinbase made a billion dollars in 2017 - a literal billion. I don't think they're thinking much about being acquired anymore....
59.
by tomasien 9y ago
I'm actually trying to expand Kumavis's "Universal Dapp" which seems to only sort of work here if anyone would like to help: https://github.com/rareartlabs/udapp
60.
by tomasien 9y ago
Definitely read that Artnome piece if you're interested in Blockchain art - I'll share this with him as well.

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