101–110 of 113 posts
140 characters may not have great technology but can be attributed to bring social revolution in so many places.
Ultimately, need is mother of most of innovations. Need leads to demand, which leads to building new solutions.
Kiva Systems has gone from strength to strength and is now used by Zappos, Wallgreens and others (http://en.wikipedia.org/wiki/Kiva_Systems)
It's a good essay. The only problem is that it's Peter Thiel behind it. The problem isn't just that "we got 140 characters." The problem is that Peter Thiel asked for it by investing in and therefore promulgating Mark Zuckerberg's vision of ubiquitous irrelevance. I think he's right that VC is destroying itself by investing in what I have often referred to as trivial nonsense, but he and his firm are part of the prob…
It's a good essay. The only problem is that it's Peter Thiel behind it. The problem isn't just that "we got 140 characters." The problem is that Peter Thiel asked for it by investing in and therefore promulgating Mark Zuckerberg's vision of ubiquitous irrelevance. I think he's right that VC is destroying itself by investing in what I have often referred to as trivial nonsense, but he and his firm are part of the prob…
Finally, we get it, the government sucks when it comes to making laws like those that make starting up a money transmitter company harder. But other entrepreneurs seem to have addressed it. There are a variety of ways to approach it. For one, use a partner for the transmission part and focus on what you think your added-value is. It would be quite easy to layer a face/barcode scheme on top of PayPal, for example. If you can prove it out, then you're in a better position to handle the money transmission yourself. And might be able to interest investors.
Earlier quoted context omitted.
but for a number of reasons, it shouldn't take that long. I totally hear you. It _shouldn't_, but it does. I know we've talked about this before, Aaron, but I think you have to work like hell for the next 6 months to get people using _some part of your system. You've had uptake in libraries... try to get your system in as many libraries as possible. Get some press for that uptake and traction. You do this really well…
Unfortunately, domestic money transmission is illegal is California as of July 1st without a license. The only way around that is money, and I'm not willing to do jailtime for traction. http://www.facecash.com/legal/ca.html
Earlier quoted context omitted.
Unfortunately, domestic money transmission is illegal is California as of July 1st without a license. The only way around that is money, and I'm not willing to do jailtime for traction. http://www.facecash.com/legal/ca.html
Get out of California then. Go to Nevada, Texas, Washington, anywhere that will be friendly at the moment to your idea. Seriously. Do what ever it takes to climb that mountain.
It's a good essay. The only problem is that it's Peter Thiel behind it. The problem isn't just that "we got 140 characters." The problem is that Peter Thiel asked for it by investing in and therefore promulgating Mark Zuckerberg's vision of ubiquitous irrelevance. I think he's right that VC is destroying itself by investing in what I have often referred to as trivial nonsense, but he and his firm are part of the prob…
Since you brought it up, I'm gonna say it: Facecash is a bad idea, poorly executed. None of the 4+ apps that you are offering are compelling. The basic POS thing is never going to work. It's not obviously better but involves set up by both the buyer and seller. And it's kinds of weird ("Sign with your face"??). But then there's a loyalty scheme layered on top. But without any traction on either side, that's not going…
It's a good essay. The only problem is that it's Peter Thiel behind it. The problem isn't just that "we got 140 characters." The problem is that Peter Thiel asked for it by investing in and therefore promulgating Mark Zuckerberg's vision of ubiquitous irrelevance. I think he's right that VC is destroying itself by investing in what I have often referred to as trivial nonsense, but he and his firm are part of the prob…
Facebook has improved your life. You got to publish a book about it.
Earlier quoted context omitted.
Get out of California then. Go to Nevada, Texas, Washington, anywhere that will be friendly at the moment to your idea. Seriously. Do what ever it takes to climb that mountain.
That's not how the law works. It's a California law that applies nationwide. (Read the link.)