Angel Invest Boston
Chris Selland, CEO & Angel - DipJar: Frictionless Giving
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:56:45
- More information
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Synopsis
Invest Alongside Boston's Top Tech Angels: Our Syndicates DipJar makes charitable giving fast and compelling. 8,500 devices are deployed to 4,500 clients and the business is set to scale fast. My interview with Chris Selland, CEO was an excellent opportunity to learn more about this exciting company just after I invested. Interview highlights include: Sal Introduces Chris Selland, CEO of DipJar The Story of DipJar DipJar Started Out as an Easy Way to Tip Waiters – But the Economics Did not Work Out Fixed Fees Charged by Credit Card Companies Become Meaningful for Small Transactions Devices Are Connected to a Platform – Charge per Dips Are Pre-Set People Saw the DipJar in Coffee Shops and Started Asking If It Could Be Used for Charitable Giving “…but the bottom line is 80% of the money comes in when they actually get the donors in person”. “…we can take a lot of donations very, very quickly”. About the Team Startups Love to Create Brands Having No Idea of How Hard & Expensive It Is: Brand-itis “So, the Di