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A VCs risk profile does not look like yours, due to the fact that they're diversified and you're not. Imagine your company is doing well and there are two ways to proceed: option 1…

VCs are (primarily) investing other people's money. The basic overview is this: VC raises a $100m fund that is expected to last for 10 years. They charge a 2%/yr management fee, fo…

I'm never a fan of advertorials, despite their occasional efficacy, because I think they devalue their surroundings. I'm particularly bothered by then when substantial effort is ma…

So it's postgres log shipping, with S3 as the target?

Startups are akin to an MBA. Running a small but ambitious company forces a serious, motivated founder to think about every business function. I don't see any meaningful downside f…

It's not a class issue. A more accurate appraisal would be that one is paid highest for strategic work, next highest for tactical, and the least for operational work. If you're gre…

I agree that many retail banks wouldn't be missed by anybody if they disappeared tomorrow; and I applaud and support efforts to improve competition in the sector. I think that we s…

Me too, but the procedure actually demands that you file a complaint with your own bank.

As a customer, I'd feel a lot more comfortable if you worked solely as a technology vendor to my bank. This isn't a knock on the team you're putting together, or your ability to bu…

Okay, so let's take a real situation that happened to me: an ATM debited my account $600, but only dispensed $300. In that situation, I call you, and what happens from there? Thank…

I don't understand who I call when a problem arises. Do I call you, the anonymous partner bank, or is it simply impossible to call somebody if I have an issue?

Nor did getdropbox.com, or mymint.com

The attackers reported the problem to Amazon and allowed Amazon to fix it prior to their public disclosure. I don't see how that's FUD. There was a problem, they found it, they let…

There's an app that has you take a photo of the front and back of the check, and they accept that for deposit.

Many retailers still sync up daily via batch processes creating a race condition where copies of a real receipt could be used at multiple locations on the same day. There are also …

I'd like to see a list of accepting/rejecting retailers, because this seems quite strange to me. A lot of companies use anti-fraud paper and secure inks to reduce alteration of rec…