In my mind, the ideal product would be an account that invest 100% of my assets in funds of my choice - and has immediate liquidity.
One solution could let me withdraw immediately but and retroactively deducts the last few days of returns (or target a withdrawal fee equivalent to said returns).
Do you know if there’s a regulatory reason this product doesn’t exist?
>That’s approximately a 3% annualized return on investment (1.03^75 ~= 10).
That isn’t accurate, the cash flows should according discounted by the period they’re received in (this contract produces some profits in year 1, more in year 2, etc). What you’ve done is treated it as if the 10x payment is received all at once in year 75.
This approach is used by wechat, you can't make your own account and can only be invited by an existing user. I suspect that wechat has reached enough market penetration that this is now worth it.
I know that many constituent colleges at the University of Cambridge are the only address in their post code. For example, Trinity College is CB2 1TQ.
However, hundreds of people live in each college (they just have large mailrooms), so on a practical level you’d likely need to put your name down if you wanted to get mail.
In the 80s and the 90s, the USDA systematically discriminated against Black farmers (and farmers of other races), leading to some of the largest civil rights settlements in U.S. history [0]. One metric to hit that could suggest that “Jim Crow is over” is for settlements like these to cease to exist or at least become as common a settlements for racial discrimination by white plaintiffs.
I suspect a lot of it is due to UK customs regulations. In the US importing items under $800 is tax free once person per day (of course this does harm US businesses) [0]. In the UK the foreign seller has to register for, collect, and remit VAT (similar to sales tax) as well as deal with duties above 135 GBP [1].
One approach on iOS is to store unique identifier in the “Keychain” (or iCloud itself) which is data kept in the cloud tied to a user’s Apple ID account. Of course this is only an impediment to a determined stalker (who could create a new Apple ID). But a determined stalker could also use a fake name and get a new phone number.
I think Klarna can charge slightly higher fees to merchants (it looks like they charge up to 6%) as sales increase with buy now pay later. Also they probably think they can make money off of servicing the debt (late fees, interest on balances).
Not sure if it would work well for paying hourly contractors (they were credit cards so can't be used at an atm), but i've had good luck with creating lots of cards with Divvy in the past. They support weekly/monthly/all-time spending limits so you can control how much they spend and while they didn't have an API they didn't have a problem with me automating it myself.
> "something like almost 40% of young people when they're looking for a place for lunch, they don't go to Google Maps or Search, they go to TikTok or Instagram."
That might mean something like looking to see what restaurants friends have posted about, not necessarily searching.
We managed to catch it somewhat early through alerting, so the damage was only $26k.
We asked our Google cloud support rep for a refund - they initially came back with a no but now the case is under further consideration.
I’d escalate this up the chain as much as possible.