[mojowo11]

Yep, I bet Venmo processed $1.6 billion in transactions in the last quarter of 2014 entirely from Hacker News users.

EDIT: Oh, apparently we're going to talk about their business model now instead. Jeez, it's hard to keep up.

[toomuchtodo]

$1.6 billion in transactions, and they're still not profitable (backstopped by Paypal's profits).

Good luck with that long term!