Because of how fragmented the hair industry is. In this case, Mayvenn is not into piece meal distribution—they are the "Atlantic Records" of hair and are concerned with distribution. And then, because the hair comes from India, they are flying it over the Atlantic Ocean as well.
Hmm this seems like a waste of time. Very nebulous. You should focus on building your product and users instead. If you do that and succeed at it you'll be able to get a meeting with whoever you want.
Most investments come from warm referrals or investors you meet and build a relationship with. I would be surprised if this got you a serious meeting with a partner who can make a decision.
How is this different than YC you ask? YC makes their terms clear and upfront (120k for x%) and has a whole process for reviewing all the applications you send in. Not only that, it is in YC's best interest to introduce you to other investors.
"More" doesn't necessarily mean "more successful". It's not unreasonable that government intervention creates more entrepreneurs - as a Canadian I know I can go and get tens of thousands to start my own company along with some nice tax breaks - but it doesn't mean they would produce much value or amount to anything more than a barely afloat small business.
Personally I believe anything you decide to call art is art.
I appreciate what you are saying with regards to brilliance, but experiences and emotional responses to software, code, products and anything else really don't necessitate art -- the act of declaring it art definitely does though.
You don't use auth and capture -- you create a customer (with the card/token) in stripe and then create a charge against the customer.
Having a customer allows you to charge the user without entering in their info each time.
EDIT: I built beaconreader.com which is a crowdfunding site and we use stripe. One thing to note about creating customers is that on the backend Stripe (and other payment providers) tells the banks that it's a recurring charge, even if only charged once, which I believe allows them not to deal with the auth and capture step. I could be wrong, but there's something like that lets processors get away with it.
Hi zmitri: Do you have any more details on how Stripe and banks signal recurring charges. What you're describing sounds interesting, but with our app we see decent churn from the use of debit visa/mastercards
No details whatsoever but I can across this because customers at certain banks asked why their one time charges were showing up as recurring in their bank statements. I emailed in to stripe asking what was up and they let me know it was standard practice to do that, and it would do so if I used a stripe customer.
I was e-mailing sales@stripe so maybe that is a different department than their regular customer service. Sorry I did not clarify. I'm sure they're doing a lot of things right, I just had a bad personal experience.