There were some horror stories in YC about staff running certain receipts thru expensify, leading to bank or bitcoin accounts being penetrated and stolen.
I have to concur - i've had the ability to steer companies away from their product.
Expensify was OK before all the OCR stuff and shady billing.
Now with the S1 filing, whatever good designers and engineering talent they had will bail, and the company will be a hollow carcass of its former self. Avoid.
NOTE: the shady billing practices are traditionally the precursor to an S1 filing. Usually, a company going public has earnout/incentives, so they will do whatever it takes to increase revenue preIPO, even if that directly impairs the company's long term future.
There were some horror stories in YC about staff running certain receipts thru expensify, leading to bank or bitcoin accounts being penetrated and stolen.
Can you cite this? I couldn't find anything seems obscure to search though.
Seems insane to me that a receipt leads to funds stolen.
How can you steal something from an account by looking at the receipt? I mean, receipts are being thrown out in piles, if that was possible i'd become rich just by digging in a dumpster near a convenience store.
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There were some horror stories in YC about staff running certain receipts thru expensify, leading to bank or bitcoin accounts being penetrated and stolen.
I have to concur - i've had the ability to steer companies away from their product.
Expensify was OK before all the OCR stuff and shady billing.
Now with the S1 filing, whatever good designers and engineering talent they had will bail, and the company will be a hollow carcass of its former self. Avoid.
NOTE: the shady billing practices are traditionally the precursor to an S1 filing. Usually, a company going public has earnout/incentives, so they will do whatever it takes to increase revenue preIPO, even if that directly impairs the company's long term future.
Can you cite this? I couldn't find anything seems obscure to search though.
Seems insane to me that a receipt leads to funds stolen.
Here is an example:
https://news.ycombinator.com/item?id=15821976
How can you steal something from an account by looking at the receipt? I mean, receipts are being thrown out in piles, if that was possible i'd become rich just by digging in a dumpster near a convenience store.
You're saying that you want to commit identity fraud? Nice