Ned Jackson Lovely

I'd love to talk! [email protected] Former @spotify, @echonest, @pycon program chair. Personal account, personal opinions.

[Ned Jackson Lovely @nedjl]

Large vendors with a history of reliable cash flow with negligible charge backs can negotiate to pay less to the processor. The genius of Stripe is putting a clean API over the absolutely insane ways money actually moves, combined with underwriting smaller businesses.

[Ned Jackson Lovely @nedjl]

The real cost of being a payment processor for small businesses is that you’re on the hook for merchants who don’t deliver on their promises, through maliciousness or incompetence. You’re essentially underwriting everyone on your platform.

[Gergely Orosz @GergelyOrosz]

As someone who spent a few years in payments:

1. Stripe takes this much for small businesses. For large companies it’s less! It’s why eg Amazon uses Stripe vs building their own credit card processing!

2. Building *just* credit card processing is very expensive (cont’d)

[Ned Jackson Lovely @nedjl]

@IAmReeceHarding Prompts

[Ned Jackson Lovely @nedjl]

@jmduke Music metadata is garbage.

[Ned Jackson Lovely @nedjl]

@jherskowitz I'm also of the opinion that the timing of everybody repurchasing their libraries on CD in the decade before the switch to digital gave the music industry a broken sense of the baseline.

[Ned Jackson Lovely @nedjl]

@jherskowitz There isn't enough transparency in the industry for people to even understand what they're asking for when they propose alternatives. We end up with speculation about what some other idealized system would do, without any grounding in the actual facts.

[Ned Jackson Lovely @nedjl]

@jackdied I had that insight in September and ordered one; Lowe's cancelled it without delivering it. Ended up getting an Amazon Basics model by ordering it as part of a package with a cover; wasn't available standalone.

[Jake Tapper 🦅 @jaketapper]

This is unacceptable

[Ned Jackson Lovely @nedjl]

@jherskowitz Wait. What?

[Ned Jackson Lovely @nedjl]

@michelleack Nah, it's good.

[Harry Heymann 🥑 @harryh]

This is so good.

[Ned Jackson Lovely @nedjl]

@jherskowitz Agreed! Looked like it was all bid up pretty high pretty quickly, though. I wonder how much it would cost to buy the TM and mint new ironic merch?

[Patrick Collison @patrickc]

As a US business (and tech) community, I think we should be significantly clearer about our horror at, and opposition to, the atrocities being committed by the Chinese government against its own people.

https://t.co/QusslsNGGO

[Marc Andreessen 🇺🇸 @pmarca]

https://t.co/IlRYdH6610

[XKCD Comic @xkcdComic]

Pathogen Resistance https://t.co/yE385vzG1f https://t.co/drYIKf3mm9

[Balaji @balajis]

Incredible leadership by @patrickc at Stripe!

- Encouraged (and, in some cases, mandatory) work from-home
- Pause all business travel
- Discourage personal travel
- Suspend visitors to office

Rolled out on Saturday. Every tech co that can should follow.
https://t.co/AMpLBjm690

[John Collison @collision]

We’re introducing Stripe Capital today: loans designed for internet businesses, underwritten by your payments on Stripe, no application necessary, paid back automatically. https://t.co/UVME02K5uh

[Michael Scott Moore @MichaelSctMoore]

Somali pirates gave me toothpaste & soap.

[Ned Jackson Lovely @nedjl]

@jherskowitz That's a sentence that works on multiple levels!