We were accepted but decided it wasn't the best fit for us. I know most of the companies in their current batch and they're doing some cool stuff. It's great to see accelerators with a cryptocurrency/blockchain focus like PnP and boost.
34 karma · joined June 3, 2011
We are building a decentralized bank/crowdlending network on the blockchain.
To the extent people are interested, we'd really appreciate any feedback.
I thought I knew what it took to be successful, so I quit my wall street job and drove out to San Francisco to JFDI. I even lived in my car for nine months to save money. It would be worth it once the business took off. It never did. So I started another one, which failed too. When you work non-stop, every waking hour for almost two years and fail at everything, you realize you don't have it all figured out. At all.
The scary part of failing is asking yourself, what the heck do I do now? And you don't know the answer.
Probably should have made this a throwaway. Oh well.
I do occasionally wonder how some founders have the time & money to travel to every conference/meetup/event on the circuit. I suppose some of them are simply uber-talented and can balance that with the needs of their business... but between coding and talking to customers it's all I can do to find time to sleep or eat (and occasionally read HN ;)).
Once you've seen the worst-scenario first-hand you realize it's not that bad, and you can shoot for the moon without any fear.
Thanks again for spending so much time with it.
I'm going to stand by that one, even if just to save a little pride. ;) Technicalities FTW!
Classrooms are created when a bid is accepted so there's no way to navigate to one of the actual classrooms beforehand. I should probably incorporate a screenshot or preview of the classroom on the home page.
I guess I wrote that copy in a fit of optimism! Corrected it so as not to be misleading.
Thanks for the feedback.
Payments are all done through Stripe Connect. Right now Teachity isn't taking a cut, but if the site ends up getting enough users then I'll start experimenting with pricing... as a comp, I think airbnb is 6-12%, elance is ~9% of each transaction.
Refunds are tricky. Everything is run through Stripe so I can't directly issue refunds above Teachity's cut. If people have a really horrible experience/no-show tutor I can ban the tutor and give refunds out of my own pocket although that wouldn't be sustainable. I'm working on a feedback system, so hopefully that will head off most problems... although you need enough reviews for that to be effective in the first place.
Just put this together. No escrow or anything and haven't fully implemented bidding but let's see if there's any interest.
Shoot me a message if you have any thoughts on what I should build into it.