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Hi Jerry, you mentioned earlier that your android version makes about 75% of its iPhone equivalent. Is this still the case now?

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no it's dropped substantially. now it's about 10%

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UPDATE: For those of you that are interested, here is PayPal's reply below

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Dear Richard,

Thank you for contacting PayPal.

Our Seller Protection protects you from claims, chargebacks or reversals that are a result of unauthorized purchases or items your buyer didn’t receive. With PayPal’s Seller Protection, you are protected for the full amount of all eligible transactions.

If a transaction is eligible for seller protection, it will be marked as eligible or partially eligible on the ‘Transaction Details’ page. If it is marked as partially eligible, you are only protected for items a buyer didn’t receive. Transactions of $250.00 or more requires the customer signs for the merchandise.

Here are some additional requirements you need to meet for seller protection:

   * Ship the item to the address on the ‘Transaction Details Page.’
   * The goods must be physical items that can be posted.
   * Provide proof of delivery (we require online tracking to confirm
delivery). * Respond to our requests for documentation and other information.

To learn more about PayPal’s Seller Protection Policy, click ‘Legal Agreements’ at the bottom of any PayPal page, and then click ‘PayPal User Agreement.’

Sincerely,

PayPal Account Review Department PayPal, an eBay Company

Copyright© 2011 PayPal Inc. All rights reserved.

Consumer advisory: PayPal Pte Ltd, the Holder of the PayPal™ payment service stored value facility, does not require the approval of the Monetary Authority of Singapore. Consumers (users) are advised to read the terms and conditions carefully.

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if you suggest a good alternative that's available in Australia, i'm all ears

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If you're doing a reasonably volume of sales I'd recommend just using a merchant account provider (probably your best bet is asking around local startups to see who they use). You'll pay a higher premium due to your risk factors, but you'll get better service.

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My thoughts exactly mate

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Thanks. Unfortunately stripe is currently restricted to US customers

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Which is the reason why I'm not using it... yet!

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Great article. Wish I read it earlier. I started a company (graduate jobs board) which failed remarkably. I had no idea the extent of difficulties I would face. The hardest thing was getting the "buyers" - i.e. the employers - to advertise. The "sellers" - the graduates & students - was a piece of cake. 1,000 users in a couple of months. But without buyers, the whole thing was for naught. The other thing I noticed in the "marketplace" business model is that the leader is able to reinforce their market position and take the lion's share of the market. It's very difficult you're up against a competitor like that but if you're establishing yourself to be the leader and succeed, it's extremely profitable. The CEO of Australia's leading job site, seek.com.au, commented that unless you have market leadership in "marketplace" business models, it's not worthwhile.

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The page comes up funny on IE 8

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I like the ideas expressed in this article except it lacks specifics, examples etc. For instance, he says "about 4 to 5 months after quitting my job I was already ROI positive in terms of networking, learning and satisfaction." And he leaves it at that. He doesn't expand on how he networked, whether they're from school, social group or whatever. And it's short. No offence but I don't see how this article got this much upvotes

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Haha yeah, agreed.

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Agreed. Talk about sweeping generalizations.

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