"The biggest threat to those that implement this functionality is twitter itself. If Twitter chooses to do their own payments, I doubt any efforts from Tipjoy or Twitpay could change behavior." - Ivan Kirigin
"Even people that think they are good are still usually just playing by intuition, like me. I'd love to play. We should set up a network of startup poker games across the country. Poker is the new incubator.
Given this fundraising environment, it might be a good financing strategy too." - Ivan Kirigin
"Viable is determined on exit, right?
Anyone reading this is welcome to the game. And if you want an excuse to move to Boston, tipjoy is hiring: http://tipjoy.com/jobs" - Ivan Kirigin
"Getting the internet from UCLA was awesome. It was super fast. And this was in the glory days of Napster. Considering the way housing works, I kind of doubt the heavily regulated private players would be better." - Ivan Kirigin
"I'm really excited about this because of where we can go with this.
The idea of a "rtip" or tip/retweet is the biggest innovation here. It's exactly how twitter is already used to disperse information, but adds a social gesture with monetary weight. That's pretty powerful. If you like a tweet, just say "rtip $1 @username the awesome tweet".
Lots of sites use Twitter credentials, and this means they can initiate payments. It also makes those payments inherently social, as they are broadcasted - so in ways it is better than an OAuth system. But we're planning that too.
We are also accepted new signups via twitter credentialshttp://tipjoy.com/createaccoun...
We're going to open this up to an API, meaning sites based on twitter credentials can convert their whole user base to tipjoy users. I'm really looking forward to see what can be done with these tools." - Ivan Kirigin
"Ambition has too low dimensionality to describe the differences between farm founders moving west and the leaders of the industrial revolution. I agree with your essay though." - Ivan Kirigin
"I think this kind of thing is actually really important.
People don't want to admit the rampant rate of piracy.
This often comes up with respect to Tipjoy in our plans to expand to payments for digital content. While we're going to be flexible in mandating payment for those merchants that want it, I'm really interested in the voluntary payment side.
Potential partners often ask about our payment rates, and I usually then ask about their payment rates. What percentage of people consuming the content actually bought it? I doubt they actually know. Considering only a few percent of music on ipods is purchased in the iTunes store, I wouldn't be surprised if voluntary payment increased their effective payment rates." - Ivan Kirigin
"Surely this is a Simpsons quote. When Homer fails the nuclear engineer test, glows green, and then is alerted by his digital watch (which he normally never wears and somehow isn't affected by the radiation), that it's lunch time.
Time to find a video on YouTube......failed" - Ivan Kirigin
