throwaway90001

> it's given us Einstein, Michelangelo, and conversations on HN

two out of three ain't bad

Canada has Interac e-transfers, which you send to an email or phone number and the user redeems them with their bank. It's a little more friction than tapping a button (you have to set up a pass code for redemption) but it's included with most chequing accounts.

How do you scale to 300+ employees in multiple offices without having released a product?

It sounds like both companies were just money-burning machines, where the only thing keeping them afloat is VC funding. If you aren't selling something for more than it costs you to make (or deliver, in the case of services), you're not going to have anywhere to sit when the music stops.