asterisk2a + micropayments   22

Episode 30: Felix Salmon by Product Hunt
Everyone should be doing something lefty. The internet was abt that. Now its everyone wants 2 be big. Optimised. Cool things come out of waste, wasting times, free time, ... eureka effect. Lefty things are not optimised. // "We build a fucking great bridge." Nobody did back then seismic modeling. They just build a fucking great bridge that actually can carry twice the lanes/traffic, you can just put a 2nd deck on it with another 6 lanes. << build 4 prosperity. not optimised. THUS lesson, build ur business that way, 4 prosperity, pay money if u want 2 used it. Dont optimise 4 anything specifically. // Oldest Companies are still family owned. Not pressures by Wall Street 4 growth & profit. "No one is happy being profitable." "You wind up taking risks, eventually falling on your face." #growth-fetish // Venture Capital wants an exit. U put urself in that corner & have fiduciary responsibility. // If u own category/vertical u can sort of set price! & 46 oh hi there world, own platform!!!
Silicon  Valley  closetphile  social  entrepreneurship  Internet  Start-Up  advice  Start-Up  lesson  of  You  life  hacker  life  lesson  philosophy  Felix  Salmon  Wall  Street  crony  capitalism  post-capitalism  capitalism  shareholder  value  profit  maximisation  David  Heinemeier  Hansson  bootstraped  bootstrapping  bootstrapped  native  advertising  friction  frictionless  value  creation  Core  Product  Proposition  values  corporate  values  corporate  culture  Proposition  intangible  value  added  value  personal  values  counter  culture  advertisement  advertising  pre-roll  ad  micropayment  micropayments  Bitcoin  Dogecoin  brand  awareness  branded  content  e-mail  marketing  referral  marketing  attention  span  attention  graph  Twitter  oh  hi  there  world  Facebook  Instant  Articles  Apple  Newsstand  Apple  News  Google  Search  Newsfeed  Facebook  RSS  Platform  TOS  EULA  24-hour  cycle  business  model  pageviews  BuzzFeed 
september 2015 by asterisk2a
Bank of England: Bitcoin is "Harder Money" than Gold Due to Deflation – Bitcoin Magazine
During a presentation on digital currencies entitled “Old Money, New Money,” Andy Haldane, Chief Economist & the Executive Director of Monetary Analysis and Statistics of the Bank of England and his team stated that “Digital currencies are ‘harder money’ than a gold standard” because “sustained adoption [of bitcoin] would see ongoing deflation.” [...] 2 million UK adults do not have bank accounts and 2.5 billion people in the world have no access to financial services, said Haldane. However, given the estimate that 80% of the world’s population will own a smartphone within 5 years, Haldane believes that many could turn toward digital currency to store their savings. // &! bit.ly/1U0UYMM - Enabling New Internet Applications (no transaction minimum, no transaction fee) // &! W3C toEstablish Online Payment Standards - bit.ly/1Nye7py - Internet pioneers such as Ted Nelson, Marc Andreessen & Berners-Lee himself thought that the Internet should have a built-in framework for micropayments.
Bitcoin  deflationary  deflation  fiat  currency  fiat  money  monetary  policy  Gold  Standard  economic  history  FinTech  underbanked  emerging  market  Developing  World  W3C  micropayment  micropayments  payment  payment-system  payments  PayPal  Braintree  Stripe  Amazon  Google  Google  Wallet  creditcard  oligopoly  oligopol  banking  crisis  banking  fractional  reserve  banking  financial  market  barriers  to  entry  cost  of  entry 
august 2015 by asterisk2a
Sure Stripe has more cash, but does it have a path to exit? | PandoDaily
The problem with raising capital at nosebleed valuations is that the number of scenarios under which a positive outcome is possible becomes greatly diminished. By raising at $3.5 billion, Stripe, [... and Investors ...] — are betting that the company can exit at or above $7 billion. That’s a steep price and largely eliminates acquisition as an option. The list of potential acquirers is likely limited to Facebook, Google, Apple, eBay, Amazon, and Alibaba in the tech sector. On the financial side, there are the large banks and credit card companies. But it’s hard to see anyone ponying up $7 billion to acquire Stripe, which has yet to prove that it has a sustainable business or attractive margins. [...] Not every round requires a doubling valuation, and in this case, it may turn out that everyone involved would be better if more modesty was applied. [...] [ Merger of Square & Stripe as worst case scenario? ] [ & IPOs to forget - Box, Groupon, Zynga, HortonWorks ... ]
Venture  Capital  Stripe  Apple  Pay  PayPal  Google  Wallet  Bitcoin  Amazon  Alibaba  Rakuten  Silicon  Valley  growth  round  exitstrategy  exit  strategy  IPO  M&A  business  model  margin  AliPay  Braintree  mobile  first  mobile  homescreen  Platform  network  effect  economies  of  scale  scaling  scale  Venmo  valuation  ycombinator  Unicorn  Square  Wall  Street  mobile  payments  online  payments  creditcard  Visa  Mastercard  payments  micropayments  Start-Up  lesson  Start-Up  advice 
december 2014 by asterisk2a
SupersonicAds | Virtual Currency Monetization for Europe
The leading virtual currency monetization platform in Europe
Social apps and game developers - increase your revenue in International markets with SupersonicAds.

SupersonicAds operates a monetization tool for virtual currency in social applications and game communities. With our unique localization engine and large variety of local advertisers, we deliver the best user experience while increasing revenue for our partners.
virtualgoods  virtual  currency  socialmedia  micropayments  monetization  payment-system  advertising  games  social 
april 2010 by asterisk2a
PayPal Powers eBay’s First Quarter, eBay Beats Consensus
On the Payments end, there were several news events during the quarter (including a major deal with China UnionPay), especially its progress on the mobile front. The company’s Send Money app was downloaded more than a million times in its first three weeks and PayPal X (a platform developers can use to process mobile transactions with PayPal) has already recorded $30 million in payment volume.
paypal  ebay  micropayment  micropayments 
april 2010 by asterisk2a
Why I Hate Micropayments - Rita McGrath - Harvard Business Review
It all comes down to how the payment link of customers' consumption chains fits into their total experience. iTunes, Amazon, and the cable companies have figured out how to make the payment experience either seamless (Amazon and its one-click process), transparent (Apple's iTunes — you know exactly what you're getting for your 99 cents) or inescapable if you want to get other things done (cue the phone and cable companies). No micro-payment system I've investigated has achieved either seamlessness, transparency, or inevitability. No standard perceived value has emerged for a piece of web content. And don't even get me started on the need to enter credit card info, passwords, secret codes, and captcha entries before you get anywhere. Micropayments in their current form are an irritating interruption, not something a consumer participates in either gladly or grudgingly.
micropayment  micropayments  tuki  payment  payment-system  payments  paywall  paypal  product 
march 2010 by asterisk2a
Meet Zong+, A Mobile Payments Platform On Steroids And Potential PayPal Killer
But this cell phone carrier model has proven to have some complications, which may be why Zong is looking to expand its offerings to different models. Zong and other mobile payments platforms, such as rival Boku, face high fees that mobile carriers charge to the payment systems (which are inadvertently passed on to the consumer via the merchant), creating a potential obstacle in the business model.

Zong recently launched a subscription feature to mitigate this issue and potentially produce lower fees for the end users. Marcus told me in September that many U.S. and European carriers that Zong works with are contemplating reducing these fees by building large-scale models to process payments that would in turn lessen the pressure on the mobile payments startups as well as the applications and social networks using the systems.
micropayment  micropayments  paypal  platform 
october 2009 by asterisk2a
Independent musicians set for windfall after YouTube deal | Business | guardian.co.uk
Sharing is caring.
"Some of the world's most iconic artists will now be able to engage with their existing fans and win new ones," said YouTube video partnership director Patrick Walker.
youTube  socialmedia  UGC  revenues  advertising  revenue  sharing  payment  payments  micropayment  micropayments  music  artists  artist  engage  fan  fans 
october 2009 by asterisk2a
Virtual goods sales to hit $1 billion in 2009 as social games pay off big | VentureBeat
Thanks to the astonishing growth of games on social networks such as Facebook and MySpace, the U.S. virtual goods market is poised to clear $1 billion in revenues in 2009, more than doubling from a year earlier, according to a new report.

By 2010, revenues could hit $1.6 billion as users become more comfortable paying for virtual goods in small transactions that are executed in a seamless fashion. But 2009 will be remembered as the year when it all took off, said Justin Smith, founder of Inside Network and co-author of the report.
virtualgoods  ecosystem  payment  payments  micropayments  micropayment 
october 2009 by asterisk2a
Op-Ed Contributor - News You Can Endow - NYTimes.com
Today, we are dangerously close to having a government without newspapers. American newspapers shoulder the burden of considerable indebtedness with little cash on hand, as their profit margins have diminished or disappeared. Readers turn increasingly to the Internet for information — even though the Internet has the potential to be, in the words of the chief executive of Google, Eric Schmidt, “a cesspool” of false information. If Jefferson was right that a well-informed citizenry is the foundation of our democracy, then newspapers must be saved.

Although the problems that the newspaper industry faces are well known, no one has offered a satisfactory solution. But there is an option that might not only save newspapers but also make them stronger: Turn them into nonprofit, endowed institutions — like colleges and universities. Endowments would enhance newspapers’ autonomy while shielding them from the economic forces that are now tearing them down.
non-profit  journalism  newspapers  economics  business  model  businessmodel  payment  payments  micropayment  davidswensen  micropayments 
october 2009 by asterisk2a
Nonprofit Newspapers: Think Tank : The New Yorker
Nonprofit Newspapers

In the foreseeable future, it seems, there will be two kinds of nonprofit newspapers—those which are deliberately so and those which are reluctantly so. Ever since I left the Washington Post, in 2005—after twenty years there that included a stint in management—and particularly since I joined the nonprofit world at the New America Foundation and started learning about the management and fund-raising issues at tax-exempt organizations, I have been mulling over this idea: that only by turning the Post into a nonprofit trust and raising a university-size endowment to support the newsroom could the paper retain the vitality it requires to serve as a successful watchdog over our constitutional system. Now David Swensen, the chief investment officer at Yale, and Michael Schmidt, a financial analyst, have come forward with a similar argument.
journalism  newspapers  nonprofit  non-profit  newspaper  business  model  businessmodel  economy  finance  payment  payments  micropayment  micropayments 
october 2009 by asterisk2a
Why iTunes is not a workable model for the newspaper business « Clay Shirky
Newspapers / News are not a monopoly/oligopoly - is a perfect competitive market.
Where Music with - Sony, EMI, Universal, and Warner. is a oligopoly. // They want the highest price for their good - and get it in fact.
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>> Thus an iTunes model won't work because of the sheer amount of competitors and the fact that some are willing and do offer free news/content.
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newspaper  newspapers  monopoly  business  model  music  itunes  payment  payments  micropayment  micropayments 
october 2009 by asterisk2a
Economist introduces pay-wall for archive articles | Media | guardian.co.uk
WSJ - Wall Street Journal
The Times and Sunday Times (all three run by News Corp / Rupert Murdoch)
FT - Financial Times
Economist (both have same shareholder)
-------------------------------------
Who is next with a paywall?
paywall  journalism  newspaper  media  payment  payments  micropayments  micropayment  rupertmurdoch 
october 2009 by asterisk2a

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