The internet is full of sessions. From the most the most obvious to obscure — browser sessions, driving a car, phone calls, playing a game, and too many other examples to list. One of the design considerations for Dwolla's Labels technology was how to grant access to something that can't own an asset. Like a… Continue reading Sessions of money, data, and trust
Hiring a new CEO
I told the Dwolla team this morning that we are hiring a new CEO, whom I and the rest of the board are going to recruit. I've replaced myself in every role I've ever had in this company and this will be no different. Change is a required part of growth. I'll stay involved but… Continue reading Hiring a new CEO
Building a $10M+ revenue business on the Dwolla ecosystem
The Dwolla ecosystem is now big enough that businesses can be built around it and start generating substantial revenue. I was talking to a friend the other day who was thinking about starting a new company and I laughingly mentioned the fastest path to revenue I knew of right now was to build around the… Continue reading Building a $10M+ revenue business on the Dwolla ecosystem
Understanding Dwolla Transfer Types
I've been referencing my last entry on Customer Types frequently since I published it so I thought another one focused on Transfer Types would be helpful. Customer Types, broadly speaking, define who owns, or will own an asset. Transfer types are the ways in which those assets are transferred. Each value type has a settlement… Continue reading Understanding Dwolla Transfer Types
Understanding Dwolla Customer Types
When building a Dwolla platform application it's important to understand the Customer Types you can use. These are building blocks for your funds flows and the right end user experience. There are 3 Customer Types to understand. They are outlined on the Dwolla developer website but lately I find myself drawing them on a whiteboard… Continue reading Understanding Dwolla Customer Types
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Jami sent me a text yesterday about it being the last day of the decade and I didn't really think about it that way until I read it. The day itself is not that different than most other days. I said my goodbye's to my family, had a nice black coffee, and came to the… Continue reading 20 20
Capital Pool Conundrums
When money moves, en masse, there are typically collateral requirements somewhere. To oversimplify it, that's basically money (cash) one party has to give someone else in case something goes wrong. Sophisticated organizations might be able to use a bond, letter of credit, debt vehicle, or some other type of asset but most of us get… Continue reading Capital Pool Conundrums
Teaching Iowa Students to Code
I recently attended an interesting group discussion about getting students in Iowa, specifically rural Iowa, access to computer science skills. The state has a desire to do something and the resources to match but one of the challenges has been getting the right teachers in the schools to teach technology classes. It's not a problem… Continue reading Teaching Iowa Students to Code
Servicing millions of end users through one Dwolla integration
Dwolla released support for third party technical integrations this week. This is substantial for our clients because it opens up connectivity between applications built on Dwolla, and also opens up connectivity to third parties. For businesses, it's a way to reach millions of end users through a single integration. For existing Dwolla clients, it's a… Continue reading Servicing millions of end users through one Dwolla integration
A Simple OKR Template
Goals are normally driven on a company strategy that is informed by company vision. This could be as vague or sharp as it makes sense for your organization. Ideally vision looks out 10 years, strategy is a 1-3 year thing, and goals are a quarterly thing which can be measured on a daily basis, ideally.… Continue reading A Simple OKR Template