A really marvelous example of financial engineering, via email: https://inkind.com/ It's "0%* interest loans for restaurants" and all of the magic is in the asterisk.
-
-
House accounts, broadly, enable the transaction "You could pay me $10 for a burger or you could pay me $1,000 for 100 burgers. What do I need to do to get you to pick option #2?" I've only ever had one at a tiny bar in Gifu but they're such a magic UX.
Show this thread -
(For folks who have never had this interaction before: "Your total for today is $56.80, Patrick. Should I charge your account?" "Yes." "OK see you next time!" (plus optionally a reminder of what the remaining balance is) )
Show this thread -
("Why would a tiny bar in Japan offer that and what do their clients get from it?" Because businesses broadly benefit from having cash flow earlier, because that bar expects to be in business for 40+ years, and because it announces to client's table "He's a regular here.")
Show this thread -
("Why would a client want you to announce to their table that you were a regular at the hip bar?" Well you might have a date or business partner at the table who you were trying to impress and, prior to Instagram, this was a useful way to have hip waitstaff say "He's got taste")
Show this thread
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.