If only this existed for the United Kindgom. Looks like a great, accessible service.
Looks like they're interested in knowing about requests for other geographies!
Bonsai: Bulletproof contracts, simple e-signing, escrow for freelancers
11–20 of 42 posts
Re: Bonsai: Bulletproof contracts, simple e-signing, escrow for freelancers
#12Please, please support other countries such as the United Kingdom. This would be ideal for me!
Re: Bonsai: Bulletproof contracts, simple e-signing, escrow for freelancers
#13"1.5 Invoices. The Developer will invoice the Client for work done weekly. The Client agrees to pay the amount owed within 21 days of receiving the invoice. Payment after that date will incur a late fee of 5% ." Fee being yearly or monthly? When setting up the variables it was displayed as monthly - but this is not conveyed anywhere in the contract which will default to the Clients best interest (yearly).
Is it a fee or an ongoing interest penalty? If a fee, then wouldn't it be 5% one time?
Re: Bonsai: Bulletproof contracts, simple e-signing, escrow for freelancers
#14This looks quite interesting. A couple of things i would like to see are: - sample without the need to provide an email e.g. show at least one and offer more samples when email is provided - what's the pricing / cut you take from the money transferred through your service?
According to their FAQ page the contract templates/UI are free, with their business model being based on their escrow services - which are not being offered publicly yet.
I believe that its going to take them quite some time to start offering escrow services, due to the strict escrow regulation and the (very high!) costs associated with that. My bet is that they won't offer it until after raising their Series A.
Re: Bonsai: Bulletproof contracts, simple e-signing, escrow for freelancers
#15Skimming over the title and the URL, I was hoping to find a Bonsai care/maintenance contractor network. How do you reach your target audience with a company name and URL like yours? Could you provide a sample contract without the need to enter a valid E-Mail address?
I always suffer the same confusion when I try to shop at amazon.com
In fact, I have yet to find an actual Amazon[1] on amazon.com, although I have found books about them [2].
[1] https://en.wikipedia.org/wiki/Amazons
[2] http://www.amazon.com/s/ref=nb_sb_noss?url=search-alias%3Dap...
Re: Bonsai: Bulletproof contracts, simple e-signing, escrow for freelancers
#16"1.5 Invoices. The Developer will invoice the Client for work done weekly. The Client agrees to pay the amount owed within 21 days of receiving the invoice. Payment after that date will incur a late fee of 5% ." Fee being yearly or monthly? When setting up the variables it was displayed as monthly - but this is not conveyed anywhere in the contract which will default to the Clients best interest (yearly).
Is it a fee or an ongoing interest penalty? If a fee, then wouldn't it be 5% one time?
A one-time fee incentives them to not pay late, but once they are already late, there is no more incentive since they have already incurred the 5% fee.
Re: Bonsai: Bulletproof contracts, simple e-signing, escrow for freelancers
#17Skimming over the title and the URL, I was hoping to find a Bonsai care/maintenance contractor network. How do you reach your target audience with a company name and URL like yours? Could you provide a sample contract without the need to enter a valid E-Mail address?
This also seems like a concern. There is already Bonsai, a hosted ElasticSearch provider, as well as other tech companies using the name.
Re: Bonsai: Bulletproof contracts, simple e-signing, escrow for freelancers
#18This looks quite interesting. A couple of things i would like to see are: - sample without the need to provide an email e.g. show at least one and offer more samples when email is provided - what's the pricing / cut you take from the money transferred through your service?
According to their FAQ page the contract templates/UI are free, with their business model being based on their escrow services - which are not being offered publicly yet. I believe that its going to take them quite some time to start offering escrow services, due to the strict escrow regulation and the (very high!) costs associated with that. My bet is that they won't offer it until after raising their Series A.
I remember balancedpayments had an escrow feature. Perhaps they could use another 3rd party service to accomplish this?
Re: Bonsai: Bulletproof contracts, simple e-signing, escrow for freelancers
#19The sample contract is well drafted and the plain English style is refreshing. The only bit of residual legalese is the bit before the signature blocks: "THE PARTIES HERETO AGREE TO THE FOREGOING AS EVIDENCED BY THEIR SIGNATURES BELOW."
It's as if the drafters, after taking great pains to make the contract clear and straightforward, decided "well we better put some magic words in there or people won't think this is a binding contract!"
Re: Bonsai: Bulletproof contracts, simple e-signing, escrow for freelancers
#20This looks quite interesting. A couple of things i would like to see are: - sample without the need to provide an email e.g. show at least one and offer more samples when email is provided - what's the pricing / cut you take from the money transferred through your service?
One of the makers of Bonsai here. Thanks for checking us out!
- Agree re email. Reason we did that is we realized most people don't have the need to create a contract immediately, and unless they bookmark us, they may not remember "that cool website that does my contracts for me..." Providing the sample contract + other relevant educational material in the meantime to stay top of mind was the best short term way to do that.
- Regarding transaction fee, right now we're really only looking at escrow, which depending on the transaction size and deal we're able to get from the third party escrow provider, it should be somewhere around 2-5%.