A cute marketing trick. No you're not doing this just because you want to "help new startups". That's a nice way of rationalizing it, but really 1) Braintree is suffering from the competition, especially on HN, Stripe is loved like no other 2) They're not giving away 2 million dollars. With so many startups failing to ever generate significant revenue, I wouldn't be suprised if less than 10% of companies that are the…
Another "middlebrow dismissal", voted to the top of the thread. http://news.ycombinator.com/item?id=4712867 http://news.ycombinator.com/item?id=4692794 http://news.ycombinator.com/item?id=4718083 http://news.ycombinator.com/item?id=4723926 The first point is plainly false. Braintree isn't "suffering." The third point is true, but cynical and obvious. Is it really surprising that you probably won't change payment proc…
The Next 1,000 Start-Ups
71–80 of 84 posts
Re: The Next 1,000 Start-Ups
#72A cute marketing trick. No you're not doing this just because you want to "help new startups". That's a nice way of rationalizing it, but really 1) Braintree is suffering from the competition, especially on HN, Stripe is loved like no other 2) They're not giving away 2 million dollars. With so many startups failing to ever generate significant revenue, I wouldn't be suprised if less than 10% of companies that are the…
Why is this getting downvoted? It's cynical, but definitely a legit and structured response.
I think his comment offered a different perspective. Nothing wrong with that. It's healthy.
Re: The Next 1,000 Start-Ups
#73A cute marketing trick. No you're not doing this just because you want to "help new startups". That's a nice way of rationalizing it, but really 1) Braintree is suffering from the competition, especially on HN, Stripe is loved like no other 2) They're not giving away 2 million dollars. With so many startups failing to ever generate significant revenue, I wouldn't be suprised if less than 10% of companies that are the…
Now I'm confused, is competition healthy or is it an affliction from which a company "suffers?"
Re: The Next 1,000 Start-Ups
#74Amidst all the weird negativity and to-and-fro, just wanted to say "DEATH TO PAYPAL API INTEGRATIONS!" Go Braintree. Go Stripe. Go Recurly. Go CheddarGettar. Go Spreedly. Go whomever has the guts to tackle this beast! Apologies to my friends at PayPal in case they read this....
Re: The Next 1,000 Start-Ups
#75Re: The Next 1,000 Start-Ups
#76Mike, http://www.practutor.com
Re: The Next 1,000 Start-Ups
#77Earlier quoted context omitted.
I downvoted you because I dislike that attitude that is prevalent here... "You're not our preferred vendor so this is a cheap attempt at getting our business!". If you think this is spam, flag it as so, but it's annoying to me that the crowd has favorites, and when those favorites have promotions people glow about how great they are, but if the competition does something similar it's an evil attempt to gain market sh…
I think my initial post is being misunderstood. That's probably my own fault. I like what Braintree is doing here. I don't like how they've worded it. It's as if they think their customers are dupes, stupid enough not to see that they're not actually spending millions of dollars on the startup community. Would you ever see such marketing BS come from Stripe? Not in a million years. And that's why I originally wrote t…
It's common knowledge that companies offer sales to move product. It's also common knowledge that is a benefit to the companies. My opinion is that affect does not, or should not discount the news of the sale. It's like critiquing a television ad for being self-interested. Of course it is, it's an advertisement, as this is. That doesn't mean that we should dismiss it any more than we should dismiss any product that has a price attached (unless that's the point you're arguing -- I don't mean to rule out an RMS-style argument here).
For what it's worth, they are losing millions of dollars on this deal. You're right, it's a loss-leader, but they are losing revenue by offering the sale. That's how a sale works. You offer a discount to get people in the door and hope that the quality of your product can sway them into becoming loyal customers. If they are unable to convert those prospects into customers because their products aren't strong, then they will have simply lost the revenues otherwise entitled to them had they not offered this sale.
In summary, you took the obvious point and made it sound much more negative than it is. On a more meta tangent, I recently posted something like "Now that I know what a middlebrow dismissal is, I'm worried that every dismissal I make will be categorized as one." -- I made that as a joke, but I'm honestly concerned about it and now that I'm aware of it, I believe that it is a problem on HN. I believe there are numerous problems on HN, and through downvoting, comments and my own behavior, I would much prefer it be fixed than abandoned. My personal fix against the middlebrow dismissal is to not be dismissive, which happens to fall under my own personal HN guideline of "assume good faith."
By 'assuming good faith' of all parties and not being dismissive without being constructive, I think we'd have a much better environment, though I do worry that it would become too 'vanilla' (as my own posts often tend to be when I reread them.) Regardless, the easy fix for you at the moment is to just quit caring about karma altogether, and then you can probably ignore these meta-discussions outright.
Re: The Next 1,000 Start-Ups
#78Good move by BrainTree. As much as I love Stripe and their innovative moves, the bulk of my business's transactions have been handled by BrainTree over the last 4 years. That includes both SaaS subscription billing and third-party payment aggregation (we do niche ecommerce, take a transaction fee, and ACH to customers). Our transaction fee is below the (now seemingly) standard 2.9% which adds up when you get to hundr…
I've never had such a pleasant customer service experience before, doubly surprising because it was with a financial service.
Braintree is pretty awesome.
Re: The Next 1,000 Start-Ups
#79Excitedly rushed to sign up as we're interested in offering alternative payment solutions - disappointed as we're in the UK we can't and this wasn't immediately obvious! Either way looks like a very cool offer!
Re: The Next 1,000 Start-Ups
#80Earlier quoted context omitted.
>>The thought of "middlebrow dismissals" came to mind when I saw the ensuing discussion. Now I don't think I fully understand what is meant by the term It's a spin-off from the term "highbrow", which means "intellectually stimulating". http://en.wiktionary.org/wiki/highbrow A middlebrow dismissal means you are giving it only a half-thought before dismissing it, as opposed to critically thinking about it from multiple…
Why middlebrow then, and not lowbrow? Honest question, from a non-native speaker.