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Stripe increasing "instant payout" fees by 50%

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71–80 of 109 posts

Re: Stripe increasing "instant payout" fees by 50%

#71

Earlier quoted context omitted.

I think “quarterly profits” is a perfectly acceptable answer to the question “why now.”

Did they IPO when I wasn't looking? That is, what's different about this quarter versus last quarter? If the answer is "things are going worse this quarter than last quarter" then that's the nugget I was looking for/wondering about.

Maybe they are going for that or acquisition. In which case juicing up the numbers will make things look better.

Re: Stripe increasing "instant payout" fees by 50%

#72

Earlier quoted context omitted.

For gig workers, instant payout is a nice deal and increases the value of the platform, so being able to flow from customer to worker seamlessly is a value add.

[flagged]

Approximately 30 of them words

Re: Stripe increasing "instant payout" fees by 50%

#73
post #48

Earlier quoted context omitted.

It's apparently lower than "I made a raycaster in 256 bytes" and higher than "I got banned from Stack Exchange for not supporting Israel". I can't really tell where the bar is.

Did I miss something? The most recent post with the word "banned" in the title was apparently 5 days ago...

It was this I believe -- https://news.ycombinator.com/item?id=40281699

Re: Stripe increasing "instant payout" fees by 50%

#74
post #73

Earlier quoted context omitted.

Did I miss something? The most recent post with the word "banned" in the title was apparently 5 days ago...

It was this I believe -- https://news.ycombinator.com/item?id=40281699

Oh, good find, thanks. I guess flagged/dead posts don't show in search results >_>

Re: Stripe increasing "instant payout" fees by 50%

#75
post #71

Earlier quoted context omitted.

Did they IPO when I wasn't looking? That is, what's different about this quarter versus last quarter? If the answer is "things are going worse this quarter than last quarter" then that's the nugget I was looking for/wondering about.

Maybe they are going for that or acquisition. In which case juicing up the numbers will make things look better.

Who would be in the market to acquire them? This is the sort of thing I was wondering about. I had heard they were planning to IPO for a while, and thought perhaps that 'optimizations' like this might be an indication that things were heating up.

Re: Stripe increasing "instant payout" fees by 50%

#77
post #48

Earlier quoted context omitted.

I don't think the bar for appearing on the front page of HN is "important news" This is mildly interesting, and maybe important for a few people. That's enough.

It's apparently lower than "I made a raycaster in 256 bytes" and higher than "I got banned from Stack Exchange for not supporting Israel". I can't really tell where the bar is.

I can't see where the original post links to, but if what the commenter said is true, you got banned not for "not supporting Israel" but instead for "supporting the slaughter of 200 teenagers".

Re: Stripe increasing "instant payout" fees by 50%

#78
post #54

Earlier quoted context omitted.

The current title is fine. It’s a 50% increase (unambiguously), or a 0.5 percentage point increase (also unambiguously).

lets run away from math if it sounds bad!

Ok so if something previously was free and now costs 1c per transaction, you would think "Stripe increasing price infinitely" would be a good title? Just because it is true that doesn't make it a good title. A good title should create a realistic expectation of the article content.

Re: Stripe increasing "instant payout" fees by 50%

#79
post #54

A more honest title to me: Stripe increasing "instant payout" fees from 1% to 1.5% on US Current title: Stripe increasing "instant payout" fees by 50%

The current title is fine. It’s a 50% increase (unambiguously), or a 0.5 percentage point increase (also unambiguously).

Using percentages as means of manipulating the masses has always been a thing.

"There has been a 1000% increase in traffic deaths this year, we must do something!"

Ah yes, we went from 1 death per year to 11 because there was a fatal bus accident, surely we need to do something.

Re: Stripe increasing "instant payout" fees by 50%

#80

The title feels a bit disengenious. Technically, yes, it was increased by 50% of what it was, but it is a shift from 1% to 1.5%, not up to 50% of each transaction.

It's a common problem when reporting on changes of some percentage value. I guess it's more dramatic to say "increased by 50%" rather than "increased by 0.5 points"

Common example headline: "Inflation up by 100%" when it went from 1% to 2%. The headline implies goods & services are now 2x more expensive than before, which is not the case.

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