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Other => Beginners & Help => Topic started by: mooncake on April 20, 2014, 10:21:06 AM



Title: Circle Internet Financial - The startup to look out for?
Post by: mooncake on April 20, 2014, 10:21:06 AM
Circle Internet Financial has attracted a massive amount of seed funding. I have visited their website but their products and services are unclear. What do they do actually?


Title: Re: Circle Internet Financial - The startup to look out for?
Post by: Gervais on April 20, 2014, 11:09:24 AM
No idea. Why are they a start up to lookout for?


Title: Re: Circle Internet Financial - The startup to look out for?
Post by: MUFC on April 20, 2014, 11:23:25 AM
Looks a bit suspicious.


Title: Re: Circle Internet Financial - The startup to look out for?
Post by: mooncake on April 20, 2014, 11:46:33 AM
Google it.  ;D


Title: Re: Circle Internet Financial - The startup to look out for?
Post by: Gervais on April 20, 2014, 12:00:42 PM
Google it.  ;D

Why? You said yourself it was unclear.


Title: Re: Circle Internet Financial - The startup to look out for?
Post by: mooncake on April 20, 2014, 12:11:27 PM
Google it.  ;D

Why? You said yourself it was unclear.

At least understand why it is unclear.


Title: Re: Circle Internet Financial - The startup to look out for?
Post by: Holm on April 20, 2014, 12:29:57 PM
still haven`t the answer


Title: Re: Circle Internet Financial - The startup to look out for?
Post by: Rampton on April 20, 2014, 12:38:49 PM
still haven`t the answer

The answer to what?


Title: Re: Circle Internet Financial - The startup to look out for?
Post by: mooncake on April 20, 2014, 12:40:34 PM
still haven`t the answer

If you have been following the news, you should have heard of Bitstamp (Bitcoin exchange), Lamassu (Bitcoin ATM manufacturer) and BitPay (BTC to fiat payment processor). You should have also heard of Circle. The news said that Circle had attracted more than $20M USD funding. Comparatively, Coinbase took in much less. Still in the millions but not in the order of $20M. Now, why is Circle attracting so much money when it is not clear publicly what services they are providing?


Title: Re: Circle Internet Financial - The startup to look out for?
Post by: BitCoinDream on April 20, 2014, 02:15:23 PM
Google it.  ;D

Googled it ...dont understand what their website is !!!


Title: Re: Circle Internet Financial - The startup to look out for?
Post by: Dogtanian on April 20, 2014, 02:43:10 PM
still haven`t the answer

If you have been following the news, you should have heard of Bitstamp (Bitcoin exchange), Lamassu (Bitcoin ATM manufacturer) and BitPay (BTC to fiat payment processor). You should have also heard of Circle. The news said that Circle had attracted more than $20M USD funding. Comparatively, Coinbase took in much less. Still in the millions but not in the order of $20M. Now, why is Circle attracting so much money when it is not clear publicly what services they are providing?

What does Circle have to do with Coinbase Lamassu  and Bitpay?


Title: Re: Circle Internet Financial - The startup to look out for?
Post by: Chemistry1988 on April 20, 2014, 04:06:07 PM
Google it.  ;D

Googled it ...dont understand what their website is !!!

Is OP talking about this one http://www.circle.com/ ?


Title: Re: Circle Internet Financial - The startup to look out for?
Post by: LiteCoinGuy on April 20, 2014, 05:00:04 PM
stupid people dont even know how to google i guess  :-X


Title: Re: Circle Internet Financial - The startup to look out for?
Post by: mooncake on April 21, 2014, 06:49:59 AM
Is OP talking about this one http://www.circle.com/ ?

Yes!


Title: Re: Circle Internet Financial - The startup to look out for?
Post by: Light on April 21, 2014, 06:58:40 AM
Circle Internet Financial has attracted a massive amount of seed funding. I have visited their website but their products and services are unclear. What do they do actually?

I looked and found absolutely nothing about them. I wouldn't be too concerned about them, it's not hard to pretend you have funding and if they aren't giving you a clear outline of what their business does you should stay away.


Title: Re: Circle Internet Financial - The startup to look out for?
Post by: lapah on April 21, 2014, 07:04:57 AM
Circle Internet Financial has attracted a massive amount of seed funding. I have visited their website but their products and services are unclear. What do they do actually?

I looked and found absolutely nothing about them. I wouldn't be too concerned about them, it's not hard to pretend you have funding and if they aren't giving you a clear outline of what their business does you should stay away.


My thoughts are similar. I never heard of them, is there other venture backed stuff besides coinbase?


Title: Re: Circle Internet Financial - The startup to look out for?
Post by: mooncake on April 21, 2014, 07:20:33 AM
Circle Internet Financial has attracted a massive amount of seed funding. I have visited their website but their products and services are unclear. What do they do actually?

I looked and found absolutely nothing about them. I wouldn't be too concerned about them, it's not hard to pretend you have funding and if they aren't giving you a clear outline of what their business does you should stay away.

Take a look at their blog. There is more info there. Apparently, their business is similar to credit card companies. I do not know the details but they mentioned things like lowering the transaction cost for merchants to 0. And take a look at their board of directors - all the big names! Watch out for BTC price when they announce their services!