jareau

7 ms·

1.
by jareau 4y ago
Stripe made a tender offer to equity holders in 2021 at the $95B valuation. Maybe not as high as it could have traded up on the stock market at the same time but not chump change.
2.
by jareau 4y ago
He was an early investor but has no operational influence on the company.
3.
Stripe Can't Lose(every.to)
2 points by jareau 4y ago|2 comments
4.
by jareau 8y ago
Reading this was so refreshing. A few years ago, I shut down a startup I'd spent the past 4 years on and honestly didn't know what to do with myself. In hindsight, it was obvious I was slowly killing myself with stress but I was s
5.
by jareau 11y ago
I know Dwolla's FiSync protocol is being adopted by more banks and is zero-cost, but for Square to provide the consumer coverage most merchants expect they would have to wait for FiSync to get to a much larger scale. How would Dwolla h
6.
by jareau 12y ago
hi icelander, Sorry to let you down. If you're a Balanced customer, I'd be happy to answer any questions you have about the transition: jkwade@balancedpayments.com
7.
by jareau 12y ago
(Balanced co-founder) Hi Keith, sorry for any inconvenience this has caused you and the Storefront team. Feel free to email me if you need any help with the migration: jkwade@balancedpayments.com. I sincerely appreciate the faith you placed
8.
Borderlands Books to Close in March(borderlands-books.blogspot.com)
3 points by jareau 12y ago|0 comments
9.
by jareau 12y ago
I mean, the funds will be available for use in the recipients bank account within 10 minutes. The API call to perform this operation will have much lower latency than that. Did I understand your questions correctly?
10.
by jareau 12y ago
You're right. See this comment for some insight on why Balanced is releasing to a private beta first: https://news.ycombinator.com/item?id=7785476 (Balanced co-founder)
11.
by jareau 12y ago
Happy to ask Steve to correct any inaccuracies here, Patrick. Feel free to email me.
12.
by jareau 12y ago
(Balanced co-founder) > I don't know if Stripe or Balanced are using this feature Yes, Balanced is.
13.
by jareau 12y ago
(I'm a co-founder of Balanced, a payments company also building push to card (p2c) functionality [1]) > There's no way to map debit card numbers to routing/account numbers (afaik). You're correct. >
14.
by jareau 12y ago
(Balanced co-founder here) You're right. Our API has been built, but we're giving private beta access to anyone that made prepayments via our crowdfunding campaign [1] first. Private beta will launch next week [2]. We want to make
15.
by jareau 12y ago
(Balanced co-founder here) Balanced would be happy to discuss working with Venmo/PayPal as a vendor to power their push to card payouts if they're interested.
16.
by jareau 12y ago
fraud is often priced into these systems since most payments instruments in the US aren't push-only. Sorry if it sounds like I'm justifying...
17.
by jareau 12y ago
> Why is the USA one of the only first-world countries that have such prevalent usage of cheques I'm actually thinking about writing a blog post explaining my theory behind why this is the case. Would that be interesting? tl;dr of m
18.
by jareau 12y ago
yep!
19.
by jareau 12y ago
Hi theflyingkiwi42. I'm a co-founder of Balanced. Happy to answer whatever questions you have about our product and hear how we can make Balanced's ACH products better, but don't want to derail this thread. Would you mind com
20.
by jareau 13y ago
dogebase?
21.
by jareau 13y ago
Don't forget about the "zen" of YC: Zencoder, Zenefits, ZenPayroll, Zenbox, & Zenedy.
22.
Connect Balanced with over 260 Apps Using Zapier(blog.balancedpayments.com)
9 points by jareau 13y ago|0 comments
23.
by jareau 13y ago
Kudos on this! We do metered billing at Balanced [1], essentially "grossing out fees" and charging the merchant at the end of the day for one lump sum, rather than "netting out fees" which would require us to take our fe
24.
by jareau 13y ago
(Balanced co-founder here) Good suggestion. We'll work on adding that [1]. Right now, we have those interested +1 on a GitHub issue tread [2], so we can contact them later, but you're right something a bit cleaner would be easier
25.
by jareau 13y ago
oops forgot this: [1] https://twitter.com/steveklabnik/status/423271986073063424
26.
by jareau 13y ago
(co-founder of Balanced here) Thanks! We're pretty interested in cryptocurrencies at Balanced [1]. Would love to have your support on this project: https://balanced.crowdhoster.com/let-s-push-to-debit-cards/c...
27.
by jareau 13y ago
No
28.
by jareau 13y ago
mangopay.com
29.
by jareau 13y ago
live workshop/meetup/hack day would be really fun!
30.
by jareau 13y ago
True. But we just love the experience of getting emails from AWS telling us we're paying too much and what we can do to bring costs down. Balanced is striving toward that level of transparency and customer focus.

More ›