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Expensify.cash

expensify.cash

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Re: Expensify.cash

#11

Post by tomcam »

exochrono wrote: post #2

Just got an email from them about this new chat app they're launching. Curious to hear what HN thinks of it. Part 1---- When people hear "Expensify", they typically think "expense reports". But with the introduction of the Expensify Card, Concierge Travel, invoice sending, and bill payment features -- all in 2020 -- it's increasingly clear that we're becoming a whole lot more. Indeed, this is why according to Google,…

So... you just happened to hear about this new chat app and you just happened to post literally the longest sales pitch I ever read on Hacker News, and I mean longer by an order of magnitude? Mind disclosing your relationship with these folks on whom you are lavishing all your attention?

Re: Expensify.cash

#12

Post by TheGrumpyBrit »

exochrono wrote: post #3
exochrono wrote: post #2

Just got an email from them about this new chat app they're launching. Curious to hear what HN thinks of it. Part 1---- When people hear "Expensify", they typically think "expense reports". But with the introduction of the Expensify Card, Concierge Travel, invoice sending, and bill payment features -- all in 2020 -- it's increasingly clear that we're becoming a whole lot more. Indeed, this is why according to Google,…

Part 2---- First, Expensify's long-term product vision derives from a core belief: Payments and chat are the same thing. Every payment is a structured chat to resolve some kind of debt tension that exists between two people. The way we see it, there is a spectrum of functionality between "freeform chat" and "expense management" -- and every form of payment is somewhere on that spectrum: * Expense management is the mo…

Their long term product vision is based on an incorrect core belief.

Re: Expensify.cash

#13

Post by intev »

exochrono wrote: post #2

Just got an email from them about this new chat app they're launching. Curious to hear what HN thinks of it. Part 1---- When people hear "Expensify", they typically think "expense reports". But with the introduction of the Expensify Card, Concierge Travel, invoice sending, and bill payment features -- all in 2020 -- it's increasingly clear that we're becoming a whole lot more. Indeed, this is why according to Google,…

Honestly I don't understand why this comment is getting flagged, or why people seem so offended by it. To me at least I clicked on the link and I was so confused as to why they would launch a chat app. I found this added context interesting/helpful (which is what I think you intended by posting this).

Re: Expensify.cash

#15

Post by intev »

TheGrumpyBrit wrote: post #12
exochrono wrote: post #3

Earlier quoted context omitted.

Part 2---- First, Expensify's long-term product vision derives from a core belief: Payments and chat are the same thing. Every payment is a structured chat to resolve some kind of debt tension that exists between two people. The way we see it, there is a spectrum of functionality between "freeform chat" and "expense management" -- and every form of payment is somewhere on that spectrum: * Expense management is the mo…

Their long term product vision is based on an incorrect core belief.

Yea that's what it seems like to me too. Though it's fascinating to see where you can end up with one incorrect core belief and a large engineering team behind you.

Re: Expensify.cash

#16

Post by gnfargbl »

tomcam wrote: post #11
exochrono wrote: post #2

Just got an email from them about this new chat app they're launching. Curious to hear what HN thinks of it. Part 1---- When people hear "Expensify", they typically think "expense reports". But with the introduction of the Expensify Card, Concierge Travel, invoice sending, and bill payment features -- all in 2020 -- it's increasingly clear that we're becoming a whole lot more. Indeed, this is why according to Google,…

So... you just happened to hear about this new chat app and you just happened to post literally the longest sales pitch I ever read on Hacker News, and I mean longer by an order of magnitude? Mind disclosing your relationship with these folks on whom you are lavishing all your attention?

Expensify's CEO really does send out these exceptionally long and conversational marketing emails, apparently to anyone who ever used (or was required to use) their app. It's a somewhat charming approach in its own way, but the emails were quite frequent and not always that interesting so I unsubscribed.

However: because Expensify does have that habit, I don't think it's unreasonable that the poster just happened to receive this marketing email.

Re: Expensify.cash

#17

Post by callahad »

pc86 wrote: post #9
exochrono wrote: post #5

Earlier quoted context omitted.

Part 4---- PS: To address some likely questions: Q: Is the Expensify that I use today going away? No. That's why we're launching Expensify.cash as a totally separate site and app. Expensify.com will remain entirely as it is today for the foreseeable future. Q: Do I need to create a new Expensify.cash account? No. Your existing Expensify.com account works with Expensify.cash -- they use the same back end database, and…

Did you just post their entire marketing email as a comment thread?

As stated in the very first comment, "Just got an email from them about this new chat app they're launching. Curious to hear what HN thinks of it."

I, for one, found that to be very interesting reading. Sounds like they're, in part, aiming to replicate Twilio's playbook on a larger scale.

Re: Expensify.cash

#18

Post by exochrono »

tomcam wrote: post #11
exochrono wrote: post #2

Just got an email from them about this new chat app they're launching. Curious to hear what HN thinks of it. Part 1---- When people hear "Expensify", they typically think "expense reports". But with the introduction of the Expensify Card, Concierge Travel, invoice sending, and bill payment features -- all in 2020 -- it's increasingly clear that we're becoming a whole lot more. Indeed, this is why according to Google,…

So... you just happened to hear about this new chat app and you just happened to post literally the longest sales pitch I ever read on Hacker News, and I mean longer by an order of magnitude? Mind disclosing your relationship with these folks on whom you are lavishing all your attention?

I'm a customer which is why I got the email. I posted it because I think it's a pretty fascinating and unusual product announcement from a fairly well-known startup, and the way it's written (and its length) is a big part of that.

I could've summarized the claims, but I don't think that would've done it justice haha.

Re: Expensify.cash

#19

Post by Igelau »

exochrono wrote: post #5
exochrono wrote: post #4

Earlier quoted context omitted.

Part 3---- Financial chat is 100x bigger than expense reports. Most people are surprised to hear that Expensify was never intended to be a pure expense management system. Nor was it intended to be exclusively a back office tool -- or even a business tool. In fact, 99% of our users are not accountants: they are individual employees just trying to GSD, in both their professional and personal lives. This is no accident.…

Part 4---- PS: To address some likely questions: Q: Is the Expensify that I use today going away? No. That's why we're launching Expensify.cash as a totally separate site and app. Expensify.com will remain entirely as it is today for the foreseeable future. Q: Do I need to create a new Expensify.cash account? No. Your existing Expensify.com account works with Expensify.cash -- they use the same back end database, and…

PART V: THE EMPIRE STRIKES BACK

Re: Expensify.cash

#20

Post by max68 »

This may have been a good idea 6 years ago before Apple Pay was released or before Venmo integrated into the messenger app, but today this just feels like hopping on the bandwagon.

At least from where I’m from, there’s a lot more trust building they’ll need to do before releasing an uninspired project like this because of that Biden email

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