
S3 E3: The $1B Bootstrapped Business / A $250k Loophole / Where Your Credit Card Fees Go
Limited Supply
00:00
The State of New York Is Doing That Up to 250 K to $2 Million
There's actually a company called ZIRP Z-U-R-P dot com that has not launched yet, but they're basically creatorifying the credit card process. So we can have a limited supply credit card and people who get a line of credit and then spend will keep probably like half a percent or something. Another interesting thing as a loophole, somebody just sent this to me today. If you're a pre-seed or a seed stage company based in New York and you raise between 50 to 250 K or you've raised two million or less of prior funding,. You can get a hundred percent match from the state of New York and they will own no equity.
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