Open jkwade opened 11 years ago
Has there been a post on HN yet?
I found about Balanced through a friend.
We've been featured via our partnership with Gittip and I think once more, but haven't really given it a real effort to stay on top. We have done two blasts on the YC alumni listserve.
@taylorbrooks do you know how your friend found out about Balanced?
Not sure, probably the YC listserv. It was Lloyd Armbrust, founder of OwnLocal. The Crowdtilt guys also rec'd Balanced.
I work out of Capital Factory here in ATX. There's a number of financial services / e-commerce startups that I'm pushing to take a hard look at Balanced.
Yeah, Lloyd's been great sending people our way, as have James and Khalid at Crowdtitlt. Just trying to make it so developers spend less time searching.
Where did you try looking for payments solutions before Lloyd told you about Balanced?
Stripe, Auth.net, Braintree, and Chase Paymentech.
And BancBox, but they were unreliable in support.
No, sorry. I meant, what sources. Like google search, HN, etc? Or better yet, how did you find any of the payment solutions you considered? And let's move this conversation over to #103.
Blog post on status page: http://blog.balancedpayments.com/status-page/
Submitted to HN: http://news.ycombinator.com/item?id=4877643
Funding announcement on TechCrunch http://techcrunch.com/2012/11/16/balanced-marketplace-payments/
Bitcoin slam-piece on Forbes: http://www.forbes.com/sites/jonmatonis/2012/11/26/payments-startup-balanced-innovates-in-wrong-direction/
Mentioned as one of Ashton's investments: http://bankinnovation.net/2012/12/ashton-kutcher-for-banker-of-the-year/
Justin Benson, CEO of Spreedly re: marketplace payments: http://blog.spreedly.com/2012/11/01/marketplaces-and-payments/
BizeeBee on why they selected Balanced for payment processing: http://bizeebee.com/2012/04/bizeebees-process-picking-payments-processor/
Open Partnership w/ Gittip: http://blog.gittip.com/post/28351995405/open-partnerships
Unglue.it on Stripe, WePay, and Balanced: http://go-to-hellman.blogspot.com/2012/09/stripe-balanced-wepay-for-payments-not.html
Chad's blog on "Why I love Balanced" http://whit537.org/2012/12/why-i-love-balanced.html
Press/HN seem to be working a bit: https://twitter.com/ajhekman/status/276757635200610304
Zaarly's blog post on their payments system: http://blog.zaarly.com/post/37651532440/zaarly-payments
PandoDaily article about BizeeBee. Mentions Balanced: http://pandodaily.com/2012/07/31/bizeebee-adds-payments-but-the-transaction-fee-may-sting/
L'Atelier - a French innovation blog: http://www.atelier.net/trends/articles/un-meilleur-systeme-de-paiement-ameliore-relation-plateforme-e-commerce-vendeur
SC Magazine - an Australian technology security magazine: http://www.scmagazine.com.au/News/322118,fraudsters-launder-cash-though-grants-startup.aspx
Seems like general press is ok. If you want to market to developers through HN then getting some more technical blog posts about how you use x technology to scale payments for n-thousand users might be good. Having engineering write about technical challenges usually works pretty well for us at Twilio.
I did find this which is reasonable: http://blog.balancedpayments.com/status-page/
thanks @andrewmbenton!
Marty Bauer, CEO Ridepost on Balanced + Fraud: http://bauermarty.wordpress.com/2012/12/13/on-fraud/
Josh Holtz co-founder of Tappr, blog, re: uris vs. ids: http://joshholtz.com/post/37888297008/balanced-payments-screw-id-use-uri
Appvita Cloud App of the day - 12/19/12: http://www.appvita.com/2012/12/19/balanced-a-payment-system-for-marketplaces
Betakit article about SellSimple mentions Balanced: http://betakit.com/2013/01/04/sellsimple-launches-app-to-enable-selling-everywhere-in-one-go
Mahmoud posted Balanced Payouts (ACH credits) to HN: http://news.ycombinator.com/item?id=5026802
Jareau asked a HN question re: 1099s: http://news.ycombinator.com/item?id=5033628
Related blog post: http://blog.balancedpayments.com/1099s/
Spreedly adds gateway support for Balanced: https://spreedlycore.com/manual/payment-gateways/balanced
Cloudswipe adds gateway support for Balanced: https://cloudswipe.com/payment-gateways
Balanced an ActiveMerchant supported gateway: https://github.com/Shopify/active_merchant#supported-direct-payment-gateways
TC post on Balanced Payouts: http://techcrunch.com/2013/02/14/balanced-payments-ach-api-omg/
TWN article on same-day payouts: http://thenextweb.com/insider/2013/02/25/balanced-payments-brings-same-day-payouts-to-wells-fargo-customers/
Balanced becomes trending company on Angellist: https://twitter.com/balanced/status/306191782637617152
TNW article on Bank Payments: http://thenextweb.com/insider/2013/02/28/balanced-rolls-out-a-new-bank-payment-option-for-merchants/
TC article on Bank Payments: http://techcrunch.com/2013/02/28/balanced-bank-payments/
YC payment companies profiled: http://ycuniverse.com/balanced-wepay-stripe
GroupTalent on why they switched from Stripe to Balanced: https://grouptalent.com/blog/why-we-switched-from-stripe-to-balanced
Related HN post: http://news.ycombinator.com/item?id=5305494
TC article about Split with GroupMe: http://techcrunch.com/2013/03/07/chatting-is-great-but-groupmes-mobile-apps-now-let-users-split-payments-too/
GroupMe blog post about Split: http://blog.groupme.com/post/44796541529/groupme-4-1-just-in-time-for-our-third-straight
Pando article about alumni donations: http://pandodaily.com/2013/03/06/launch-the-case-for-an-alumni-donations-model-in-investing/
Jareau attended SXSW. Engineering team attended PyCon
Balanced raises $800K from group of FB alumni http://pandodaily.com/2013/03/19/balanced-raises-a-rapid-800k-on-a-little-known-fundraising-platform-called-facebook/
WeFunder launch article on TC mentions Balanced: http://techcrunch.com/2013/03/19/wefunder-launch/
Chad wrote a blog post about Balanced doing real-time merchant underwriting via API: http://whit537.org/2013/04/balanced-third-generation-payments.html
@mjallday attended HTML5 Conference
Silicon Valley Biz Journal http://www.bizjournals.com/sanjose/news/2013/04/02/payment-startup-balanced-adds-2m-to.html
Made it into Dan Primack's Fortune Termsheet (private email distro, no link) http://finance.fortune.cnn.com/2013/04/02/venture-capital-deals-318/
San Jose City Press http://sanjose.cityandpress.com/node/6078503
PaymentsNews Mention: http://www.paymentsnews.com//2013/04/02/index.html
Balanced has made a lot of progress, but there's still that can be done. This issue is more important than just marketing and growth for Balanced. For a customer to be happy, they need to know about Balanced first.
The existence of Balanced doesn't matter if the customer doesn't even know that Balanced exists, which means this issue is a critical part of improving the product.
Reasons Balanced is difficult to find: