Peppercoin Raises $4 Million in First Round Funding, Appoints CEO

[R. A. Hettinga]

--- begin forwarded text


Status:  U
Date: Tue, 23 Sep 2003 16:32:22 -0500
To: "R. A. Hettinga" <rah at shipwright.com>
From: Adam L Beberg <beberg at mithral.com>
Cc: FoRK <fork at xent.com>
Subject: Re: Peppercoin Raises $4 Million in First Round Funding,
	Appoints CEO
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On Tuesday, September 23, 2003, at 03:45  PM, R. A. Hettinga wrote:

> Rivest and Micali's microcheque protocol gets a ducat-download.
>
> Next stop an IPO -- and then an eBay buyout... ;-).

Hahaha... "about 7 percent per transaction" - NOT mentioned on the 
website anywhere, I had to look in a Wired article - we call that an 
"F*** the merchant" rate folks, even AMEX isn't that high.

Windows only. Interface software is NOT open source. Oh, and they are 
used by 6 merchants. VISA is soooooo scared, oooooooooooo.

However, POD Holding is obviously a good source of sucker money, send 
in those business plans folks :)

- Adam L. Beberg - beberg at mithral.com
   http://www.mithral.com/~beberg/

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-- 
-----------------
R. A. Hettinga <mailto: rah at ibuc.com>
The Internet Bearer Underwriting Corporation <http://www.ibuc.com/>
44 Farquhar Street, Boston, MA 02131 USA
"... however it may deserve respect for its usefulness and antiquity,
[predicting the end of the world] has not been found agreeable to
experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire'

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