Comment by jensenbox | Hacker News Reader

Comment by jensenbox | Hacker News Reader

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You comment is music to my ears. I have been working on this project for a while now and the first few days of rollout is always the most "pit of despair" generating. I did basic market validation when crafting this but to hear you say this is what you need lifted my spirits. Best thing that has happened to me this week. Thank you!

Please sign up as an advertiser! I have an undocumented "feature" that I added recently - writing it here for the first time: If a business signs up with the platform and came to us without a referral from an advertiser, the platform will pick a random advertiser withing 100KM and give that advertiser 50% of our profit for the first 2 months. Effectively, as an advertiser, you have a chance to make cash even if you do nothing except be on the platform.

Unfortunately, I'm not based in Canada or US. I tried signing up as a business to find more users for my app [1] but the country dropdown was a blocker.

Is this for legal/tax reasons? Too much paperwork? I can totally understand, I'm just curious of the limitations.

[1] https://lunar.fyi

It comes down to how Stripe handles payouts. I walked into the process thinking "This is going to be great! I can work with all the currecies that Stripe supports!" But, the reality is, to do payouts, you have to keep all the currency in the same country - so I had to craft both a US and Canadian business entity so that the banking could flow as they allow.

I do intend on bringing up more business entities in other countries but I am limited on my resources available to expand at this time.

What country are you in?

Thanks for the great feedback - keep it coming!

I’m from Romania. Not exactly the country you’d be eager to expand to.

But I’ve been using Wise (former TransferWise) to receive ACH payments and payouts from Stripe in an US based bank account. So it should be possible to have any business/advertisers from any country as long as they provide an US/Canadian bank account.

I suspect you are right. I could probably open up registration to all countries but with the disclaimer that you would need a US or Canadian bank (or whatever we offer at the time) account.

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