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Look at the most advanced markets suffering from this problem: GCC countries. Most of their residents have the very latest devices, are at least as tech-savvy as your average Western consumer, and have disposable income. We conducted hundreds of different experiments, and most of them led to the same conclusion: pain by itself is not enough. These are people that have suffered from the issue extensively (including my…
We'll see how it pans out. Maybe you should speak with Timbo at OKHi and share some thoughts with him. All I know is it's a glaring problem, government's aren't going to address (pun partially intended) the issue, and it will be solved somehow. The technology is simple, but so often in these markets, the execution is complex. With you all being spread across 15 cities and based in SF I'd imagine it contributed somewh…
I am pessimistic but excited as a technologist and entrepreneur. Maybe there's something us and many others have missed that the team here will see. Myself, I would definitely look more in the direction of services like M-Pesa and Facebook than e-commerce or government. That's my two cents.