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kloncks

4,583 karma · joined October 15, 2009

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kloncks··on Ribbon Launches P2P Payments App. No app or account required
Our apologies! We'll be adding in a FAQ very soon.

In mean-time, email me if you have any questions? hany@ribbon.co

kloncks··on Ribbon Launches P2P Payments App. No app or account required
(I work at Ribbon)

Unfortunately, yes.

I'm an Egyptian national myself, so I completely understand this concern and would love to add it very soon but given regulations, compliance and financial service hurdles, it will likely take a while.

kloncks··on Payments startup WePay raises $15M, kills direct-to-consumer offering
If you're looking for payments buttons, Ribbon does that very well and we're about to expand that. Same focus on not requiring you to be a "pay API code ninja" to use.

Drop me an email and I'll tell you more. hany@ribbon.co

kloncks··on Start-up NY: 100% Tax-Free for 10 Years?
Depends on the kind of company you want to build.

The data proves that the kinds of companies that need a great engineering talent pool and venture capital will tend to hail just a couple of locations.

I'm not saying there aren't exceptions. There are. But in an endeavor where the failure risk is so high in the most optimal of circumstances, I wouldn't add another risk factor like location into the mix.

Just my thoughts.

kloncks··on iBeacon Pioneers Estimote (YC S13) Raise $3.1M Seed Round
Have you used Square Wallet yet?

Experience is awful. It is thought that BLE might be better tech that leads to a better experience.

kloncks··on Layoffs at stealth payment startup Clinkle
Perhaps he was talking about examples like YC funding "100s of companies" (500? 600?) with less than half of what Clinkle has raised.
kloncks··on Layoffs at stealth payment startup Clinkle
I agree with the overall sentiment.

But there are some counter examples. At least from your list, I believe Asana is doing well. I don't remember there being as much hype with them, however.

kloncks··on Ribbon Is Building P2P Payments For Consumers, No App Or Account Required
Love it! Really appreciate the support.
kloncks··on Ribbon Is Building P2P Payments For Consumers, No App Or Account Required
Aside from businesses using it...it really really helps that we have a healthy merchant product that is making money at http://o.ribbon.co :)
kloncks··on Ribbon Is Building P2P Payments For Consumers, No App Or Account Required
Not planning on ditching. I would love to hear more about what you're building -- hany@ribbon.co :)
kloncks··on Ribbon Is Building P2P Payments For Consumers, No App Or Account Required
We're doing cards (both debits and credits) and we'll also do direct bank to bank.
kloncks··on Ribbon Is Building P2P Payments For Consumers, No App Or Account Required
I agree completely.

That's why our P2P payments are 100% free for debit cards and bank transfer!

kloncks··on Braintree Is On The Block, Had Acquisition Talks With Square And PayPal
Square processes $10b. BrainTree processes $10b.

How is Square valued at $4b and BrainTree can't sell for $1b?

kloncks··on Braintree Is On The Block, Had Acquisition Talks With Square And PayPal
Is it good or bad for BrainTree that this news is now public?
kloncks··on The idea maze
There are times when reasoning by analogy isn't optimal. Elon Musk famously preferred going through "first principles" and I find this likely leads to a better more innovative end product.

Take payments (my industry) for example. There are countless startups that are working on something that enhances or optimizes whatever pre-existing solution we have today. That's thinking by analogy. It's faster and easier but you're constrained by the limits of whatever you're comparing to.

Then there's thinking from first principles. From scratch. Take what Dwolla is trying to build for example. "If we were to build the Visa or Mastercard network today, what would it look like?"

A lot of the new innovative systems in payments, like Bitcoins, started by thinking of first principles rather than analogy.

kloncks··on John Gruber and friends launch Vesper note capture app
Never. It's Gruber.
kloncks··on Ask HN: Who is hiring? (June 2013)
Ribbon: Rails, iOS, Front-end (JS and Designers), Data Scientist, No Biz-Dev

Full-Time in San Francisco only. No Remote, No H1B.

San Francisco, CA

Ribbon is a payments company that is built on a simple premise: let's keep the buyer where they already are and make the transaction occur inside of whatever platform they're on. Going off of that, we have built integrated in-stream payments inside of Facebook (http://f.cl.ly/items/3X080L3U1e2I2Q2O3d2u/screeny-for-fb.png), Twitter, YouTube, and an embedded option to bring it back to your own website (https://www.ribbon.co/button). You can think of us as an eCommerce multi-platform version of Square. We must be well-designed on every front, from the UI/UX to the backend payments infrastructure. Well-funded and at the beginning of a very big & fun problem. https://www.ribbon.co

Relevant press: techcrunch.com/2013/02/05/payments-startup-ribbon-raises-1-6m-from-tim-draper-others-launches-new-way-to-take-payments-directly-in-the-facebook-news-feed/

Email me directly & mention you're from HN: hany@ribbon.co

kloncks··on Google Buys Wavii For North Of $30 Million
4 year lock-in only applies to non-execs? What is it for execs?

With this, an engineer at a startup has a worse deal?

kloncks··on Twitter Just Shut Down Ribbon’s Newly Launched In-Stream Payments Feature
From our statement on our blog:

"We’ve had discussions with Twitter in the past, and are eager to find a way to work together."

kloncks··on Ribbon Lets You Buy On Twitter, Launches YouTube Support, Price-Matches PayPal
We haven't limited it.

There's a couple of movie makers currently selling 2-4 GB files.

EDIT: HN won't let me reply any more to the thread. Email me directly and we can chat hany@ribbon.co

kloncks··on Ribbon Lets You Buy On Twitter, Launches YouTube Support, Price-Matches PayPal
That's our bad. We'll update this.

Payouts occur every two weeks, not every month. This is one of the changes we've announced today.

kloncks··on The Story Of A Failed Startup And A Founder Driven To Suicide
Steve Jobs ripped Woz off when they were younger.

Many people do awful things in the past. Young people (Jody was 16 here?) can be stupid & foolish. Hard to attribute that to the rest of his life with such a simple, "fuck the dude."

kloncks··on Vision
What "better indicators of getting social" beat getting 1/7 of the World's population to use your service?
kloncks··on Ask HN: Who is hiring? (March 2013)
Ribbon: Rails Devs

Full-Time in San Francisco only. No Remote, No H1B.

San Francisco, CA

Ribbon is a payments company that is built on a simple premise: let's keep the buyer where they already are and make the transaction occur inside of whatever platform they're on.

Going off of that, we have built integrated in-stream payments inside of Facebook (http://f.cl.ly/items/3X080L3U1e2I2Q2O3d2u/screeny-for-fb.png), Twitter, YouTube, and an embedded option to bring it back to your own website (https://www.ribbon.co/button).

You can think of us as an eCommerce multi-platform version of Square. We must be well-designed on every front, from the UI/UX to the backend payments infrastructure. Well-funded and at the beginning of a very big & fun problem.

https://www.ribbon.co

Relevant press: techcrunch.com/2013/02/05/payments-startup-ribbon-raises-1-6m-from-tim-draper-others-launches-new-way-to-take-payments-directly-in-the-facebook-news-feed/

Email me directly: jobs@ribbon.co

kloncks··on LivingSocial: Employees' and Founders' Common Stock Now Worthless
I think doing something that eats away 90% of a merchant's revenue is not sustainable in the long run and arguably something illogical if you just run it once too.
kloncks··on Ribbon Raises $1.6M, Launches New Way To Take Payments In The Facebook News Feed
Email me please, hany@ribbon.co
kloncks··on Ribbon Raises $1.6M, Launches New Way To Take Payments In The Facebook News Feed
Ribbon, unlike any of our competitors, focuses on selling across multiple platforms.

The transactions occur in-stream. Make a Ribbon product, get the link, copy/paste into your Facebook, and you'll see what I'm saying.

kloncks··on Ribbon Raises $1.6M, Launches New Way To Take Payments In The Facebook News Feed
Make a Ribbon product. Copy/paste the url in your newsfeed and watch our magic!

Tell us what you think.

kloncks··on Ask HN: Who is hiring? (February 2013)
Ribbon (https://www.ribbon.co) is hiring. Full time in San Francisco. No remote. Front-end Developers, Designers, Rails Devs.

Looking to add to our team of five. Ribbon is building a frictionless payments and ecommerce platform that does the transaction wherever the buyer is. Imagine purchasing an item without leaving Facebook, or buying directly from within the Twitter stream, or through email. That's what we're building for consumers, businesses and developers in an elegant way with a huge focus on design. Looking for someone excited at the stage we're at: dealing with first customers, ramping up traction, figuring out new product direction and features - and also excited about the challenges we'll face, like making payments simplified for consumers and dealing with huge technical issues with fraud and building payments infrastructure.

We went through AngelPad in the fall and raised a big seed round from great investors. Awesome office in San Francisco, penthouse floor with views of twin peaks and the ballpark in soma.

- Some recent press coverage for more details: http://techcrunch.com/2012/11/20/ribbon-a-bit-ly-with-paymen.... http://gigaom.com/2012/11/20/shopping-everywhere-ribbon-turn....

Contact jobs@ribbon.co if interested.

kloncks··on Don't Drop Out to Do a Startup
Don't drop out just to drop out. There's no statement to be made.

Sometimes dropping out makes sense; other times it doesn't. It's based on that unique situation. Dropping out isn't a matter you can over generalize with blanket statement advice.

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