buildawesome
buildawesome on Hacker News
You do what Slack did and call the maker of the AWS Knob:tm:.
> Holders of bonds would be absolutely wrecked. That's a lot of institutions and wealthy individuals.
Not only institutions, but those who are in power (government) who have risk-tolerant positions in the market with nothing to gain but their own discomfort and retirement.
Glad I don't live in this simulation.
Just to add, PayPal is also most likely a credit card processor, serving as a Payment Facilitator (PayFac), which enables others to become CC Processors. It happens that PayPal and Stripe are money transmitters, which may come with being a PayFac.
Auth.net is a gateway/portal that facilitates CC transactions, and while you may be refunded on processing fees for the use of the gateway, someone, somewhere is likely eating the interchange and most likely occurring at the merchant level.
CC Processors like Visa and Mastercard do refund fees on CC processing, but the interchange or % of return is smaller than the actual gross. You don't necessarily get "all" of your refund, if you're a merchant.
I believe you can defer commitment as a freshman.
Ahh yes, the ol' buy high, sell low strategy!
Thanks for this response.
I'm a former biz analyst turned boot camp developer. After a couple of years slogging through, I started applying for jobs these past few months, with little to no traction, and as such have been feeling burnt out because I don't know the fundamentals, have little to no support at work, and felt like I had no future professionally.
So this encourages me to keep on learning, building, and hacking as best I can until I can get to an environment that helps me succeed through mentorship, product vision, and a capable leadership team.
Your website is returning a 502.
Edit: seems to be up now!
Gotcha! Thanks for the clarity.
I find it hilarious that solipsys is writing about recursion.
I find it disconcerting that there is a language the healthcare industry uses named MUMPS.
Must've been pretty hard to type `npx create-react-app my-app`
What do you feel like you need if Stripe gives you capital for your future receivables for you to go hire more engineers?
Your [0] resonates with me. Coming out of a bootcamp, I've been in the industry for 2 years. My feeling is that I'm supposed to be farther along but still feel like I don't know anything. Oh and I can't do interviews either.
I'm guessing it's because they are trying to maximize a 12 month window. In lending, the longer the money is out there, the less money you make on it. At 25K, even though they could qualify for more, Stripes assumption is that they are going to pay it back relatively quickly and be able to lend more after that period.
Would you lend money to someone who you knew was going to lose you money? Stripe is a business too.
And offering capital is pretty common among many independent credit card processors.
They're not not targeting higher sales volumed merchants. It just happens that more lower volume merchants use working capital advances to boost their free cash flow or invest it into something that will net more profit even at the cost of a discount rate.
Problem is that usually 0.5% or 50 basis points is the markup on the fee, so effectively, the processor wouldn't make money on transactions, but would only make money on complete repayment. This is a loss to the business if it takes longer for the merchant to pay back the working capital loan.
Out of curiosity, how would you have preferred to see a shard unable to accept writes? I think in both post-mortems, you would see comparable graphs - usage and then a drop in usage. I think it's easier to document a failed regex versus "here's our cluster architecture that we've been using for 3 months".
Also, does your company's engineering decisions change based on other companies' post-mortems?
disclaimer: I work at Gravity Payments AMA.
Stripe is an aggregator, which means they collect all payments and distribute to their clientele. This is why merchant processors like Square and Stripe can often get their customers up and running more quickly. Lower underwriting requirements = less regulation on the merchant. The level of risk is higher so they have to charge higher rates to cover their losses of fraud.
Gravity Payments is an Independent Sales Organization (ISO) which means they underwrite each merchant and "approve" each merchant account with their backend processor. This equals less fraud and more flexible pricing.
We do offer integrations and also have an online product that can process ecomm transactions for developer usage.
If we're talking about consistency, how about the headphone port on the Macbook? You need a dongle to listen to music on your phone, if you want to use the same headphones for your computer.
Also anecdotal: our employer "highly encouraged" us to write glowing reviews of the company as a marketing effort to make the company look better to potential hires.
I think the lack of respect in the west is due to his political views and ties to China.
Do you mean to say sugar-free option? Or high fructose corn syrup? Tangentially, I would argue that fructose isn't the primary cause of obesity but the excess of sugar (fructose, glucose, sucrose) consumption.
I imagine it's because they see high readership on desktop browsers.