Re:Do we need to pay billions in fees to Stripe, Block, PayP...
by Terretta on Tuesday August 20, 2024 @12:38PM
(#41301565)
> Banks don't do this well.
Exactly!
(And's that speaking as former CTO of one of the largest banks in the world.)
I was responding to:
>> "ultimate two sided marketplace"
Banks' role in anyone's attempt to solve this is why one can't forget there are three sides, not two, to getting this right. Get the right intro and a bank might even want to foot your bootstrapping bill given how challenging things can be internally.
Exactly!
(And's that speaking as former CTO of one of the largest banks in the world.)
I was responding to:
>> "ultimate two sided marketplace"
Banks' role in anyone's attempt to solve this is why one can't forget there are three sides, not two, to getting this right. Get the right intro and a bank might even want to foot your bootstrapping bill given how challenging things can be internally.