We have a lot of revenue/customer momentum and plan on growing the team aggressively in 2016. The founders and current team have experience at Twitter, Google, Microsoft and other leaders in marketing technology.
Iterable (http://iterable.com) is an enterprise Software as a Service platform for B2C marketers. Our mission is to take the growth marketing and user engagement tools built at companies like Twitter and Facebook, and make them available to all B2C marketers. We know this space well: our team built the growth systems that powered Twitter’s massive early growth.
We are a small team (7 total) but already have traction. We have many enterprise customers paying us well over $10k/month each and we have grown over 700% so far this year. This is a opportunity to join a super-fast growing startup, in a huge market and with a great team, while it's still early.
Why is that a big jump? I'm not saying it will be easy or quick. It does imply that getting from a reptile-level intelligence to a human-level intelligence was a natural process and something that can be reverse engineered.
From a pure layman's perspective: if you believe in evolution, then what separates us from a reptile (as mentioned in the post) is almost certainly something we can figure out and replicate. There is nothing "special" there.
So if you believe computers today already have the "intelligence" of a reptile, or a toddler (i.e., ability to play pong), or something along those lines, it's only a matter of time before a computer has the intelligence of a full-blown adult human (and soon thereafter much more).
Our level of intelligence/awareness seems magical only because we haven't fully understood it yet. That will change.
Thanks. You make a good point about the rewards. I thought 1% could be a decent estimate given that not everyone pays attention, some points are never redeemed and rewards over 1% are usually only for specific purchase types (e.g., gas). But I may very well have underestimated this. And if people do redeem at a 90%+ rate, then they will definitely notice if there are no rewards on the Bitcoin side.
As the two other comments here state, 20% is nothing to sneeze at when you are a low margin retailer (which many are). And I think 20% is the low end of possible savings (I'm the author of the post) - it's possible that the savings will end up being significantly higher, especially if retailers can keep some of the money in Bitcoin (because business partners start accepting Bitcoin and/or volatility comes down) and if fraud costs come down.
I agree that foregoing the rewards is a fairly big assumption and it might not be realistic. But I do think there are other advantages and will write about those. The I don't think people will (or should) absorb the merchant risk and that's why someone does have to take up an acquiring bank-type role (and charge for it).
Agreed. Giving someone full access to your bank account is very risky. At least with credit cards you can always dispute charges and it is the merchant who is usually on the hook, not the consumer.
Iterable is a marketing automation and user engagement platform. We grew revenue 10x in 2015 and closed a Series A from CRV last month (http://venturebeat.com/2016/01/21/iterable-raises-8m-to-help... ).
We are hiring across all positions:
Back-end/Infrastructure Engineer: https://jobs.lever.co/iterable/2cab5696-81fb-403d-938f-a0a6a...
Front-end Engineer: https://jobs.lever.co/iterable/8118b95e-edf4-4a0b-87d7-0a2bc...
Mobile Engineer: https://jobs.lever.co/iterable/a5ee5f1c-a769-492d-82fa-a0980...
Security Engineer: https://jobs.lever.co/iterable/ee123f62-7ad4-4f2d-9e97-95c37...
Platform Reliability (DevOps) Engineer: https://jobs.lever.co/iterable/9296a32c-f9f0-44e5-bf52-4a2cf...
Marketing/Sales positions as well: https://jobs.lever.co/iterable
We have a lot of revenue/customer momentum and plan on growing the team aggressively in 2016. The founders and current team have experience at Twitter, Google, Microsoft and other leaders in marketing technology.