[sradu]

Founder of Two Tap here. It takes an average of three minutes to send the order to the retailer via our platform. On the frontend we use a similar model to Amazon where tell the shopper we're confirming her purchase and handle the process in the background. It's working great for Amazon, and it works great for us for a thousand merchants.

Retailers are incredibly happy by the fact that they don't have to do a complicated integration where they have to maintain a new piece of infrastructure for potentially getting less than 1% of their orders.

That being said, we're huge fans of Stripe. Always have been. John Collison was our mentor during YC. We're looking forward to seeing how they handle the challenges in the space.

[ianlevesque]

Is that a conflict of interest having your mentor launch a direct competitor to your company?

[sradu]

No hard feelings here. We mean it when we say we're big fans of Patrick, John, Stripe. It's unfortunate that we have to compete, we would have loved to work with them.

Our approach is completely different than theirs: light integrations vs deep integrations. We believe their approach will do more harm than good for the industry causing retailers/platforms to invest millions of dollars in building infrastructure that's not going to be ROI positive. Retailers will end up paying to build/maintain that infrastructure part, they will pay the merchant fees, and they will have to pay Twitter/any partner promoting them.

[ianlevesque]

That's good. Market will decide!

[hyperpape]

  "We mean it when we say we're big fans of Patrick, John, Stripe."

  "We believe their approach will do more harm than good for the industry"

I can see what you're saying, but this was not as well worded as it could have been.

[sradu]

You're right. Can't edit it anymore. Would have deleted the second paragraph.