The Next 1,000 Start-Ups

#1

Post by daniel_levine » Wed, Oct 31, 2012, 3:37 PM UTC

The Next 1,000 Start-Ups
braintreepayments.com

Re: The Next 1,000 Start-Ups

#2

Post by davidedicillo » Wed, Oct 31, 2012, 4:13 PM UTC

What about those startups that already have an account but not generating revenues since they just launched a week ago?

Re: The Next 1,000 Start-Ups

#3

Post by jobu » Wed, Oct 31, 2012, 4:14 PM UTC

The promotion is only available to "eligible merchants", but it is not clear what qualifies one as eligible.

Anyone from Braintree willing to clarify?

Re: The Next 1,000 Start-Ups

#4

Post by sethbannon » Wed, Oct 31, 2012, 4:14 PM UTC

davidedicillo wrote: post #2

What about those startups that already have an account but not generating revenues since they just launched a week ago?

As with most promotions aimed at user acquisition, you're unfortunately out of luck.

Re: The Next 1,000 Start-Ups

#5

Post by jbevain » Wed, Oct 31, 2012, 4:24 PM UTC

Interesting move. Too bad it's US only for now.

We're currently using FastSpring but both the recent opening of Braintree towards Europe and the price getting a clear 2.9% + $0.3 are making it pretty interesting.

Make a similar promotion for Europe and I'll probably switch.

Re: The Next 1,000 Start-Ups

#6

Post by klynch » Wed, Oct 31, 2012, 4:26 PM UTC

sethbannon wrote: post #4

davidedicillo wrote: post #2

What about those startups that already have an account but not generating revenues since they just launched a week ago?

As with most promotions aimed at user acquisition, you're unfortunately out of luck.

@sethbannon- This is not most promotions. Our goal is to help startups get off the ground.

@davidedicillo- We're happy to help recent signups who qualify, shoot an e-mail over to support@braintreepayments.com and we'll set things right.

-Kristi from Braintree

Re: The Next 1,000 Start-Ups

#7

Post by mvboeke » Wed, Oct 31, 2012, 4:29 PM UTC

jobu wrote: post #3

The promotion is only available to "eligible merchants", but it is not clear what qualifies one as eligible. Anyone from Braintree willing to clarify?

Michael from Braintree, here.

The idea behind this offer is to help launch more startups. We aren't policing this with specific limits, but we're asking that you only use this if you are truly a pre-revenue start-up or just started to collect fees for your product. If you’ve already got your start, then congratulations - we would love to work with you and help you grow. And you'll probably find that our standard pricing works well for you.

Re: The Next 1,000 Start-Ups

#8

Post by sbashyal » Wed, Oct 31, 2012, 4:30 PM UTC

To provide some perspective, I did a calculation using their pricing information and assuming the average transaction size of $10 - the waived fee amounts to $2950.

edit - changed language to make it more meaningful

Re: The Next 1,000 Start-Ups

#9

Post by klynch » Wed, Oct 31, 2012, 4:42 PM UTC

jbevain wrote: post #5

Interesting move. Too bad it's US only for now. We're currently using FastSpring but both the recent opening of Braintree towards Europe and the price getting a clear 2.9% + $0.3 are making it pretty interesting. Make a similar promotion for Europe and I'll probably switch.

We would love to do this for startups around the world. It's tricky to do with international banking relationships, but we'll continue to work with them to bring more opportunities like this outside of the US.

Re: The Next 1,000 Start-Ups

#10

Post by pdenya » Wed, Oct 31, 2012, 4:44 PM UTC

Is this literally the next 1000 braintree signups or is that a marketing term?