236 karma · joined February 9, 2011
It's worth noting that more and more of IBM's software/platforms are cloud-based and even publicly available (e.g. Bluemix) so I imagine the landscape for this type of software acquisition is changing even internally.
None of us think we are buying equity when we put money in, and yet clearly 31,000+ people are willing to put their money in to pre-order the product without equity. Good for that company, that they have that level of pre-order demand, no?
Make sure top phone # is tappable on mobile browsers.
Examples that don't make me question your ability to deliver - airline example seems to be hiding complexity (I question it as I read it), others really good
2. They may just be able to say it's not available and still maintain a positive experience for 99.9% of customers.
3. It doesn't seem like they're charging such a large fee that I expect them to do something crazy for me... I expect value in some proportion to my payment. Amex concierge might get the cheesesteak for a customer who spends 6-figures with them but not 4-figures, for example.
Agreeing with the others on the Minnesota label being needed on the site, but moreso - what do you think would be required to take this to other major cities? Is the limiting factor just data or is there more to it?
Aside: if this is still in active development, I'd be happy to offer some time on design & UX
Also, once you have their reputation, I bet companies come to them.
1. Timing - 2011 (Wallet release) seems early for consumer NFC, not to mention smartphone penetration ([1] ~30% 2011 to ~70% 2014) and mass market comfort with mobile transactions (Uber, etc.) Wallet may just have been launched too early, they may have educated the market rather than capitalized on it.
2. Existing credit card info - many consumers already give Apple their CC info and payments (iTunes). I can only think of a few examples where you pay Google (Adwords, Google Play) and they are less commonly used.
3. Hype factor - Apple has some magic when it comes to hyping consumer products and services. Google has some of this, but I don't think it's nearly as much, especially with the general population (i.e. non-developers).
[1] http://www.gsmarena.com/asymco_pricing_doesnt_affect_smartph...
I wonder, don't you think the shot clock offer is real even though they've been talking longer than we've seen?
Also:
..."things no responsible person would ever not know before even considering raising money." ...
...classic marketing grad trying to do startup things...
...over-exuberant and irresponsible entrepreneurs...
not sure how you don't see this as ad hominem critical.
Personally, I'm far less worried about this revolving door than others.
Seems like it's their choice to integrate whatever they want, outside of some antitrust violation.
Curious though - is this personally attributable to Zuckerburg?
[1] http://online.wsj.com/news/articles/SB1000087239639044416580...