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← Card payments cost two to three percent because of how the industry is…
14 connected korrents · 16 moments on record from 1 Jun 2022 to 8 Sept 2026.
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investing
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the cloud
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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 percent because of how the industry is structured, not because moving money has to cost that much.
Last stated 3 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 in payments, because society keeps making things that do not fit the card 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: 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 off moving a tenth to a fifth of their marketing budget into paying call centre staff properly.
Last stated 9 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 and costs are inside it, which is why cutting a recurring expense is the lever a business owner should love.
Last stated a month 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 audience sizes that would be uneconomic for live entertainment, because commerce does not run on CPMs.
Last stated a month 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 product accumulates lock-in, which is why they suit B2B tools and rarely beat an ordinary free trial in consumer products.
Last stated 11 months ago
5 Oct 2025
AC
Albert Cheng — holds since 2025-10-05 — tap for who they are
Same subject: A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate. — tap to centre the map on it
A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate.
Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: A company priced in the trillions is not thereby overpriced; the test is what revenues and margins that price actually requires. — tap to centre the map on it
A company priced in the trillions is not thereby overpriced; the test is what revenues and margins that price actually requires.
Last stated 9 months ago
3 Dec 2025
AD
Aswath Damodaran — holds since 2025-12-03 — tap for who they are
Same subject: A company that grows enough eventually has no need for investors. — tap to centre the map on it
A company that grows enough eventually has no need for investors.
Last stated a week ago
1 Sept 2026
PG
Paul Graham — holds since 2026-09-01 — 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 step is out of the data centre: home servers and multi-gigabit home connections make the garage startup literal 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: 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 on servers and from the cloud first, not on your laptop.
Last stated 2 months ago
28 Jun 2026
PL
Pieter Levels — holds since 2026-06-28 — tap for who they are
Same subject: AI agents need to run in a VM or the cloud rather than locally on the desktop — tap to centre the map on it
AI agents need to run in a VM or the cloud rather than locally on the desktop
Last stated today
8 Sept 2026
GO
Gergely Orosz — holds since 2026-09-08 — tap for who they are
Same subject: Almost all of the dot-com era's exuberance turned out to be warranted; we remember the failures and forget the value that era created. — tap to centre the map on it
Almost all of the dot-com era's exuberance turned out to be warranted; we remember the failures and forget the value that era created.
Last stated a year ago
18 Aug 2025
BT
Bret Taylor — holds since 2025-08-18 — tap for who they are
Same subject: Almost no mutual fund earns the fees it charges, so most investors are better off buying an index fund. — tap to centre the map on it
Almost no mutual fund earns the fees it charges, so most investors are better off buying an index fund.
Last stated 3 years ago
20 Feb 2024
BA
Bill Ackman — holds since 2024-02-20 — tap for who they are
Same subject: An investor's starting point should be the portfolio that is best to hold independent of any tactical market view — tap to centre the map on it
An investor's starting point should be the portfolio that is best to hold independent of any tactical market view
Last stated 2 weeks ago
25 Aug 2026
RD
Ray Dalio — holds since 2026-02-19 — tap for who they are
NM
Nick Maggiulli — holds since 2026-08-25 — tap for who they are
same subject or similar wording a cloud: claims about one subject, named for it bar: when it was last stated, on a scale from 2015 to today — full is today a face: someone on record holding the claim — tap it for who they are