ericglyman

This is really clever. Just couldn't exist without the changes/standardization in browser technology that have happened in the past 1-2 years. Congrats, and really excited about the potential.

Startup School lesson one: keep iterating :)

Thank you!

Totally fair. We're really proud about this part :) But given the confidentiality requirements we're under, I can't say.

I can say that Paribus has been FAR more generous and collegiate with equity than early stage companies we know. To give a sense, many early employees could be in a position to fund their own seed/pre-seed rounds in their future businesses on the exit/compensation, if they so choose. The full team is staying on.

Founder here. Definitely a common first reaction, but we've found that on average shoppers become far more loyal (and spend more, growing store top-line & often net bottom line) when this happens.

You might think we're crazy, but we fully believe (and have data to back up) that we're helping these stores far more than the costs.

It's a good point.

But I'd challenge you on your assumption that this is a bad thing for stores and consumers.

It's a powerfully negative experience to buy something, and then find out within a few days (or hours) that it's selling for far less. It happens millions of times per day (www.forbes.com/sites/walterloeb/2014/11/20/amazons-pricing-strategy-makes-life-miserable-for-the-competition/), and most people don't find out. But the reality is that it's happening.

A customer could return it for free (and re-buy it -- many states require this by-law). Or a store could do good by the customer and give a price adjustment.

It turns out that when stores do good by customers when this happens, shoppers become far more loyal (and spend FAR more on average too, growing store top-line & often net bottom line). This is part of the secret of Amazon Prime.

While I can't claim that it is the right or only view, I fully believe that stores will benefit far more than the costs.

*Revised based on mquander's feedback

Founder here.

We are not selling data. Our model is to charge a portion of refunds that we actually get for you (that way we share same incentive as our users)

Very cool -- looking forward to trying. How does this compare with https://developers.google.com/app-invites/?

What do you do differently?