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.
Stripe increasing "instant payout" fees by 50%
71–80 of 109 posts
Re: Stripe increasing "instant payout" fees by 50%
#72Re: Stripe increasing "instant payout" fees by 50%
#73Earlier 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...
Re: Stripe increasing "instant payout" fees by 50%
#74Earlier 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
Re: Stripe increasing "instant payout" fees by 50%
#75Earlier 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.
Re: Stripe increasing "instant payout" fees by 50%
#76Re: Stripe increasing "instant payout" fees by 50%
#77Earlier 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.
Re: Stripe increasing "instant payout" fees by 50%
#78Earlier 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!
Re: Stripe increasing "instant payout" fees by 50%
#79A 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).
"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%
#80The 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.
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.