Chapter
Emerging Financial Instruments for E-commerce Companies and Startups
32:20 - 37:12 (04:52)
E-commerce companies and startups have unique financial needs that traditional financial institutions are not yet equipped to handle. Emerging financial instruments, such as monthly payment options for customers and business credit cards for startups, are being created to meet these needs.
Clips
In a podcast, the speaker expressed reluctance to share private company information such as email list size and revenue due to concerns about unwanted attention or potential negative consequences when trying to sell or raise a company's value.
32:20 - 33:08 (00:47)
Summary
In a podcast, the speaker expressed reluctance to share private company information such as email list size and revenue due to concerns about unwanted attention or potential negative consequences when trying to sell or raise a company's value.
ChapterEmerging Financial Instruments for E-commerce Companies and Startups
Episode#51 - Coronavirus, Being on Shark Tank & At-Home Testing Kits with Julia Cheek
PodcastMy First Million
The decision between offering monthly or annual payment plans for software subscriptions comes down to choosing between more customers and monthly revenue, or fewer customers with a large upfront payment.
33:08 - 34:24 (01:16)
Summary
The decision between offering monthly or annual payment plans for software subscriptions comes down to choosing between more customers and monthly revenue, or fewer customers with a large upfront payment. Companies typically choose between these options based on their churn rate and the length of their operating history.
ChapterEmerging Financial Instruments for E-commerce Companies and Startups
Episode#51 - Coronavirus, Being on Shark Tank & At-Home Testing Kits with Julia Cheek
PodcastMy First Million
The financial infrastructure for software companies and tech businesses is being rebuilt to address the needs of startups.
34:24 - 35:35 (01:10)
Summary
The financial infrastructure for software companies and tech businesses is being rebuilt to address the needs of startups. Companies like Mercury, Brex, Ramp, Quiet Light Brokerage, Centurica, and Pipe are building smart businesses at different parts of the financial stack to address issues like valuation, funding, cash flow, and risk assessment.
ChapterEmerging Financial Instruments for E-commerce Companies and Startups
Episode#51 - Coronavirus, Being on Shark Tank & At-Home Testing Kits with Julia Cheek
PodcastMy First Million
The competition between financial companies in the e-commerce industry is heating up, with firms like Affirm and Afterpay providing financial instruments that the traditional financial services companies have yet to develop to help e-commerce companies turn their products into monthly payments for their customers.
35:35 - 37:12 (01:37)
Summary
The competition between financial companies in the e-commerce industry is heating up, with firms like Affirm and Afterpay providing financial instruments that the traditional financial services companies have yet to develop to help e-commerce companies turn their products into monthly payments for their customers.