Startups How are so many apps providing free peer-to-peer payments? |
- How are so many apps providing free peer-to-peer payments?
- Are you building a marketplace? An Uber/Airbnb for X?
- Match making services for funding?
- Should incorporate a company for Software Side Projects ?
- I'm a Software Developer planning to open a company, but I have no idea how anything in the business world works. Help!
- Anyone ever hired a PR firm to help with a product launch?
| How are so many apps providing free peer-to-peer payments? Posted: 06 Oct 2018 09:33 PM PDT I've been looking into peer-to-peer payment processing for a project and I'm curious to know how some of these apps/startups are able to provide free P2P processing. You have the heavily-backed apps, like Venmo. But you also have these smaller apps, like the ones where to split your dinner bill and send the bill to a friend to pay. Do companies just eat the fees that come with the transfer and deposits of the funds? Are there services out there that I may be missing that make this easier? The best I have found so far was Stripe Connect, but that was still in the 1.5% processing range. [link] [comments]  |
| Are you building a marketplace? An Uber/Airbnb for X? Posted: 06 Oct 2018 09:12 AM PDT Customer acquisition is a core challenge for any business, but for marketplaces this is doubly true, because of to the chicken-and-egg problem. In order for the marketplace's wheel to start rolling, you must make both sides of the marketplace happy - suppliers won't come if there's no customers and vice versa. A common approach is to create the supply yourself at the beginning, just to get things started ("fake it till you make it" approach). If you are currently working or used to work on/for a marketplace - what is/was it for and how do/did you handle the chicken and egg problem? What were your challenges and how did you overcome them? Or maybe you couldn't overcome them? Why and how did you decide it may not work after all? [link] [comments]  |
| Match making services for funding? Posted: 06 Oct 2018 06:54 PM PDT I've been approached recently by some middle men characters that claim to have vast networks of funders here on the east coast looking to invest in businesses in my industry. They want to connect me to these funders for a 5% cash fee if we raise from their network of funders. No cost to us if we don't raise money from their connections. I'm looking for the scam in this and can't really see much. We're not giving them any privileged information, and they seem to know the industry very well. My feeling is if I get my round filled up for a 5% cash fee I'm not super concerned. Does anyone have experience with groups like this, pitfalls words of advice or cautions? I have an in person meeting with one of the groups next week to flesh out the details and I feel like I'll know better then. My last startup was able to raise without any assistance but my new industry is proving much more difficult to raise in. [link] [comments]  |
| Should incorporate a company for Software Side Projects ? Posted: 06 Oct 2018 06:05 AM PDT I am a software engineer, working on a side project. The project consists of platform in the area of real-estate, I already have contacts to get consumers (real estate agencies). I would like to know when should I incorporate LLC, and where to do it. - I checked Estonia as an option, but I am not sure how to manage taxes in this case (I am in EU). I am paying taxes as a citizen, and as part of my daily work. In case I start a company, do I need to care about paying other taxes https://investinestonia.com/business-in-estonia/establishing-company/ - Is it a good idea to incorporate an LLC while having full-time job ? I am getting mixed signals whenever I read similar discussions, those who are interested in reading more about the topic: https://news.ycombinator.com/item?id=15441846 https://www.mycompanyworks.com/create-a-company-to-manage-your-side-projects/ http://stu.mp/2010/09/why-you-should-probably-have-an-llc-for-side-projects.html P.S: In case you are wondering, I am based in Germany. Feel free to suggest contacts to get legal advises (I couldn't find any lawyers/consultants who can give advises) UPDATE Those who struggle with the same issue, I got good advise on HN https://news.ycombinator.com/item?id=18155107 [link] [comments]  |
| Posted: 06 Oct 2018 09:45 AM PDT I'm a 24 year old software developer with a ton of work experience. I want to open a web development agency and sell websites, web apps and so on. I also have a friend who wants to join me and offer iOS app development services. This all sounds good, except that I don't know anything about running a business.
I would appreciate some answers on these questions. I'm really confused and not sure how to begin. [link] [comments]  |
| Anyone ever hired a PR firm to help with a product launch? Posted: 06 Oct 2018 09:26 AM PDT We are getting ready to launch a couple products and are already doing product hunt, blogging, link sharing activities. We would also, obviously, love to attract mainstream tech coverage as well. I've been told by other founders that a PR firm could help with that, depending on their network of connections. As I understand it, the process is that we would retain a PR firm, they would help us draft a press release and, possibly, a press kit, then they would publish it to some shared AP-like wire, and we all cross our fingers that someone picks it up. Is that everyone else's experience with PR firms? If so, how did you pick a firm? It's hard to tell without a referral and we have only been able to find one PR firm through referrals through our network that specializes in working with startups. Everyone else that has been referred has been out of our price range. [link] [comments]  |
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