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← Card payments cost two to three percent because of how the industry is…

15 connected korrents · 15 moments from 9 Aug 2022 to 17 Sept 2026.

Everything filed under behavioural science behavioural science Everything filed under the cloud the cloud Everything filed under attitude change attitude change Everything filed under investing investing Same subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subject Read this korrent: Card payments cost two to three percent because of how the industry is structured, not because moving money has to cost that much. Card payments cost two to three percentbecause of how the industry is structured,not because moving money has to cost thatmuch. Last stated 5 months ago 9 Jun 2026 BG Bill Gurley — holds since 2026-06-09 — tap for who they are Same subject: Cards cannot be the last word in payments, because society keeps making things that do not fit the card business model. — tap to centre the map on it Cards cannot be the last word inpayments, because society keepsmaking things that do not fit thecard business model. Last stated a year ago 13 Aug 2025 PM Patrick McKenzie — holds since 2025-08-13 — tap for who they are Same subject: Charging different customers wildly different prices is a mistake, because the market talks. — tap to centre the map on it Charging different customers wildlydifferent prices is a mistake,because the market talks. Last stated 2 months ago 23 Aug 2026 JA Jen Abel — holds since 2026-08-23 — tap for who they are Same subject: Companies would often be better off moving a tenth to a fifth of their marketing budget into paying call centre staff properly. — tap to centre the map on it Companies would often be better offmoving a tenth to a fifth of theirmarketing budget into paying callcentre staff properly. Last stated 10 months ago 9 Dec 2025 RS Rory Sutherland — holds since 2025-12-09 — tap for who they are Same subject: Revenue is outside your control and costs are inside it, which is why cutting a recurring expense is the lever a business owner should love. — tap to centre the map on it Revenue is outside your control andcosts are inside it, which is whycutting a recurring expense is thelever a business owner should love. Last stated 3 months ago 26 Jul 2026 DH David Heinemeier Hansson — holds since 2026-07-26 — tap for who they are Same subject: Live commerce works at audience sizes that would be uneconomic for live entertainment, because commerce does not run on CPMs. — tap to centre the map on it Live commerce works at audiencesizes that would be uneconomic forlive entertainment, because commercedoes not run on CPMs. Last stated 3 months ago 2 Aug 2026 TV Tom Verrilli — holds since 2026-08-02 — tap for who they are Same subject: Reverse trials work where a product accumulates lock-in, which is why they suit B2B tools and rarely beat an ordinary free trial in consumer products. — tap to centre the map on it Reverse trials work where a productaccumulates lock-in, which is whythey suit B2B tools and rarely beatan ordinary free trial in consumerproducts. Last stated a year ago 5 Oct 2025 AC Albert Cheng — holds since 2025-10-05 — tap for who they are Same subject: A belief system combining cosmic stakes, privileged knowledge, personal vocation and an imperative to act can license extraordinary behavior when it conflicts with ordinary constraints. — tap to centre the map on it A belief system combining cosmicstakes, privileged knowledge,personal vocation and an imperativeto act can license extraordinarybehavior when it conflicts withordinary constraints. Last stated a month ago 17 Sept 2026 VR Venkatesh Rao — holds since 2026-09-17 — tap for who they are Same subject: A cancellation-reason drop-down measures list order rather than reasons: randomise the options and every one of them gets picked equally. — tap to centre the map on it A cancellation-reason drop-downmeasures list order rather thanreasons: randomise the options andevery one of them gets pickedequally. Last stated 9 months ago 25 Jan 2026 JC Jason Cohen — holds since 2026-01-25 — tap for who they are Same subject: A decision cannot be judged by its outcome, because good decisions fail through no fault of the decider and bad ones succeed by luck. — tap to centre the map on it A decision cannot be judged by itsoutcome, because good decisions failthrough no fault of the decider andbad ones succeed by luck. Last stated 4 years ago 9 Aug 2022 GK Gary Klein — holds since 2022-08-09 — tap for who they are Same subject: After the cloud exit, the next step is out of the data centre: home servers and multi-gigabit home connections make the garage startup literal again. — tap to centre the map on it After the cloud exit, the next stepis out of the data centre: homeservers and multi-gigabit homeconnections make the garage startupliteral again. Last stated a year ago 12 Jul 2025 DH David Heinemeier Hansson — holds since 2025-07-12 — tap for who they are Same subject: Agents working locally can be far more powerful than any private walled garden that exists out there in the cloud. — tap to centre the map on it Agents working locally can be farmore powerful than any privatewalled garden that exists out therein the cloud. Last stated 4 months ago 30 Jun 2026 MT Meng To — holds since 2026-06-30 — tap for who they are Same subject: AI agents and AI coding will run on servers and from the cloud first, not on your laptop. — tap to centre the map on it AI agents and AI coding will run onservers and from the cloud first,not on your laptop. Last stated 4 months ago 28 Jun 2026 PL Pieter Levels — holds since 2026-06-28 — tap for who they are Same subject: Being professionally offended by every little thing is no longer a dominant disposition — tap to centre the map on it Being professionally offended byevery little thing is no longer adominant disposition Last stated 2 years ago 6 Nov 2024 DH David Heinemeier Hansson — holds since 2024-11-06 — tap for who they are Same subject: Blaming and shaming people only makes them defensive, dig in their heels, or tune out, rather than change their minds. — tap to centre the map on it Blaming and shaming people onlymakes them defensive, dig in theirheels, or tune out, rather thanchange their minds. Last stated 5 months ago 9 Jun 2026 AG Adam Grant — holds since 2026-06-09 — tap for who they are Same subject: Decades of warnings about an AI apocalypse do not justify much concern today. — tap to centre the map on it Decades of warnings about an AIapocalypse do not justify muchconcern today. Last stated a month ago 12 Sept 2026 PF Paul Ford — holds since 2026-09-12 — tap for who they are
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At the centre Card payments cost two to three percent because of how the industry is structured, not because moving money has to cost that much. Last stated 9 Jun 2026 · 5 months ago Holds Bill Gurley Read this korrent →