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nCino S-1

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Re: nCino S-1

#41

Post by tsumnia »

AlphaWeaver wrote: post #32

nCino is headquartered in my hometown, Wilmington, North Carolina. Even here, they keep a very low profile. Within the local entrepreneurship community, they're recognized as being very successful, but most people who live here don't even know who they are. They've done a nice job, and they deserve this. Congrats team!

As a former resident of Wilmington, this is incredibly pleasing to hear. The community has been striving hard for the past decades to move away from the concept of "just another beach town". I used to use the phrase "You get to live at the beach, now earn it" to motivate my students.

While not as prominent, Wilmington, NC is also home to Castle Branch [1], which initially started as small background checking company; GigSalad [2], which allows you to book various performers; and Lapetus Solutions [3], which uses facial recognition for health insurance purposes.

Also, hi Sam, don't internet stalk me.

[1] https://discover.castlebranch.com/

[2] https://www.gigsalad.com/

[3] https://www.lapetussolutions.com/

Re: nCino S-1

#42

Post by icedchai »

tballer wrote: post #21
wayoutthere wrote: post #12

Earlier quoted context omitted.

It's built on Salesforce. They serve mostly mid-size regional banks. It's honestly super cheap for what it is -- its no wonder they're gaining as much traction as they are.

I’m curious to know how they deal with many of Salesforce’s governor limits or if they have a plan to scale. Salesforce is not a platform you can scale your business on. Unless this is some sort of Managed Package you install?

It looks like they have a managed package on the AppExchange.

Re: nCino S-1

#44

Post by RyanShook »

Sorry if this is a dumb question but why is nCino built on top of Salesforce? Would they not be better off as a standalone system?

Re: nCino S-1

#45

Post by jacobwilliamroy »

anonu wrote: post #16

A $billion+ fintech unicorn nobody has ever heard of. This just reminds me that opportunities abound, especially to focus on particular workflows that are sometimes buried in the b2b world...

Not every tech company needs to be some obnoxious, loud weirdo pretending to be the second coming of Jesus Christ. Some people just want to make money.

Re: nCino S-1

#46

Post by arkis22 »

lquist wrote: post #43

The Co-founder/CEO holds only 1.6% of the common shares!?

Not an instructive data point. Adam Neumann owned way more than that?

It's not flattering if retail investors prefer your stock over institutions.

Edit: The exception being Tesla. But Tesla's really different.

Re: nCino S-1

#47

Post by dang »

johnhenry wrote: post #3
davidw wrote: post #2

Oh, look, yet another company founded by an immigrant.

Oh, look, yet another comment posted by an idiot.

Posting like this will get you banned here. Please review https://news.ycombinator.com/newsguidelines.html and use HN as intended. It doesn't look like you've been in the habit of breaking the guidelines, so that should be easy.

Re: nCino S-1

#48

Post by Yhippa »

AlphaWeaver wrote: post #32

nCino is headquartered in my hometown, Wilmington, North Carolina. Even here, they keep a very low profile. Within the local entrepreneurship community, they're recognized as being very successful, but most people who live here don't even know who they are. They've done a nice job, and they deserve this. Congrats team!

It cheers my heart to hear stories of tech thriving outside of SV.
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