j_lev

Absolutely. The biggest criticism of KonMari from Japanese is "no duh." Even the techniques for things like folding and arranging clothing so you can see everything at a glance are common knowledge among Japanese. Baffling.

Only looking at lifetime value delivered ignores the competition, much of which is free and easy to switch to.

Also support costs typically go down over time; most support effort is spent in onboarding and getting users up and running. Although now that you mention it, Evernote may have huge technical drag because they have bugs outstanding from over six years ago. Indeed, the only time I reached out to support (I couldn't install PC version because it was incorrectly detecting that I already had it installed) they weren't able to assist. $10 lifetime value may be a bit generous.

Not something we haven't seen before, culling unprofitable users.

Agree with the commenter that said the app is worth about $10-15, and should never have been made subscription-based.

Thanks for the insights.

I've been fighting this fight for over 17 years now. The landscape has changed a lot - mostly for the better IMHO. In particular, issuers are taking more responsibility for checking the validity of the cards but some of them are hopeless and there is still a way to go.

Criticise me all you like but I still have a blacklist of countries where I will never send physical goods to (unless they direct deposit the money, for one of my sites).

Not sure if it's relevant for "subscription" model businesses but Stripe and a couple of other providers have an option to charge the card immediately or just get authorisation for the amount. The authorisation is only held for seven days, but I have found that this has often been enough for the owner of the card to notice and cancel the authorisation before the charge happens. I haven't checked but this could also solve the "instant feedback" problem for providers that give it as "authorsied" is less conclusive than "charged" for the scammer.

Agree. Lots of money still being thrown at Drupal agencies.

I use SourceTree for a couple of my projects, but thanks for the heads up on Tortoise.

I'm not a power user, I think I just needed something free with a private repository.

Ironically the 4chan crowd who create most of the world's shareable GIF content are either banned from Twitter because a feminist got outraged or have left of their own volition.

Geez you frontapp guys send me a lot of unsolicited email. Every time I launch a new site, there you are, annoying me again.

Hi - for some reason the search bar keeps changing my search terms eg Australia --> Australium

Wow. I feel like an abuse victim that has just had an intervention. Now that you mention it, I've seen this phenomenon at almost every open source project I've peeked into over the years. I need to sit down for a bit.

"Are you seriously using that coupon company instead of Groupon?"

This was the bitchy-voice Groupon sales rep phoning me direct when I used a different coupon service in Japan. I asked whether she was talking about the same Groupon of "Great Osechi Ryori Disaster and CEO's Fake Apology of 2011"-fame and it shut her up real quick.

So many things wrong with this company, failure couldn't have happened to a more deserving bunch of people.

They answered this recently I think in an AMA. It's to do with legacy and making sure the great thing they've created doesn't die.

It becomes less about the money rather quickly.

By virtue of the fact that Atlassian chose not to list in Australia they have sent a message to government. Turnbull appears to be the kind of prime minister who could make Australia more tech-friendly, so fingers crossed.

The best option for a rising tech company in Australia remains, unfortunately, to purchase outright a flailing listed mining company and invert, a la 1999. This is where the "scammy" feel of listed tech companies comes from.

> By early 2014 the three had $4 million in seed funding and had narrowed their focus to Bitcoin apps. But they found that the software tools they needed to build those apps didn’t exist and pivoted to building the tools themselves.

> ON A MONDAY MORNING seven Chain.com employees sit in a circle on their Aeron chairs plotting the week’s plan of attack for various projects. The shoptalk is a jargon-fest of “open assets,” “confirmation time,” “UI,” “sidechains,” “federated chains” and, of course, “coins.” Khosla Ventures’ Rabois, the company’s lead VC investor, says he backed Chain.com because it had a nucleus of “10X engineers,” which he defines as “engineers who have the output and insight that’s ten times better than a regularly good engineer.” Elite groups like these, he says, are essential to build tools “so more regular engineers can build applications” for blockchain.

In The Industry, how common is investing $4 million in a company before they have even "narrowed their focus to Bitcoin apps," based on the unproven potential of the founders? What am I missing?