Limerick brothers have no plans to cash in on billion euro…

first_imgPrint BusinessNewsLimerick brothers have no plans to cash in on billion euro firmBy Editor – January 24, 2014 735 WhatsApp Email Patrick and John Collison of StripeLimerick entrepreneurs Patrick and John CollisonLIMERICK brothers Patrick and John Collison have no plans to cash in on the success of their €1.3 billion company and will use a €60 million round of fresh investment raised this week to fund international expansion.From Castletroy and now based in California, the Collisons created Stripe, a low-cost way for small companies to accept online payments, in 2009 and have been steadily building the business since.Sign up for the weekly Limerick Post newsletter Sign Up John (23) and Patrick (25), a former winner of the Young Scientist competition, created an online auction payments company, Auctomatic, which was sold for almost €4 million while they were still in secondary school at Castletroy College.Their latest success story began when they saw how difficult it was for small companies to accept payments from customers online.“We found it really hard in our previous business to accept payment over the internet. It felt like many other people would be having the same problem, so we set about solving it”, explained John.“We started working on Stripe almost two years before it launched publicly. There was a long period where we were writing code to support a small handful of users, and navigating a relatively unfamiliar industry.“We wrote the first lines of code in October 2009. Three months later, we got our first customer. We stayed going, writing code, starting to hire people and trying to find new customers. By the time we launched publicly in September 2011, we had ten people on the team.”Stripe now employs 83 people at its headquarters in San Francisco and the company has become a recognisable name in global ecommerce, with backers such as Paypal founder Peter Thiel and entrepreneur Elon Musk numbered among its investors.Social media giant Twitter is reportedly in discussions with the company over a deal that would allow Twitter enable companies to accept payments on the social media platform.However, Chief executive, Patrick Collison says that they won’t be in a rush to take advantage of the company’s latest valuation.“We’ve no interest in selling the company. John and I are very lucky to work with the people we do on building something for the long term, and we wouldn’t like to change that,” he said.This is also the view of his younger brother who said they were focused on opening international offices and delivering on Stripe’s goal of building an easier way of paying for goods and services online.“It’s still early days for the payment systems that power the internet. It’s outrageously difficult and expensive to move money between countries.“Fraud and storing credentials still cause merchants hassle. So online payments is a great place to go hunting for problems worth solving”, said John. First Irish death from Coronavirus Encourage Wildlife in Castletroy Park Elegant property in Monaleen #LimerickPostProperty Twitter Previous articleNo room at the Mansion House for Limerick manNext article40 jobs from Limerick environmenal firm expansion Editor center_img Shannondoc operating but only by appointment TAGSAutomaticCastletroyElon MuskfeaturedJohn CollisonMusic LimerickPatrick CollisonPeter TheilStripeTwitter Linkedin Advertisement RELATED ARTICLESMORE FROM AUTHOR Facebook Walk in Covid testing available in Limerick from Saturday 10th April No vaccines in Limerick yet last_img read more

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Strong Seller’s Market

first_img  Print This Post Demand Propels Home Prices Upward 2 days ago Previous: Fannie Weighs in on Housing Sentiment Next: The Week Ahead: Eye on U.S. Mortgage Performance Trends Tagged with: Housing Market Inventory Minneapolis Minnesota Pro Teck Sevices Housing Market Inventory Minneapolis Minnesota Pro Teck Sevices 2018-12-07 Donna Joseph Subscribe Demand Propels Home Prices Upward 2 days ago Share Save December 7, 2018 985 Views The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / Strong Seller’s Market Strong Seller’s Marketcenter_img About Author: Donna Joseph in Daily Dose, Featured, Market Studies, News, Servicing Donna Joseph is a Dallas-based writer who covers technology, HR best practices, and a mix of lifestyle topics. She is a seasoned PR professional with an extensive background in content creation and corporate communications. Joseph holds a B.A. in Sociology and M.A. in Mass Communication, both from the University of Bangalore, India. She is currently working on two books, both dealing with women-centric issues prevalent in oppressive as well as progressive societies. She can be reached at [email protected] Minneapolis/St. Paul/Bloomington, Wisconsin featured in the top 10 list of hottest markets in Pro Teck Sevices’ Housing Market Report for the first time. In its monthly housing value forecast, Pro Teck took a closer look at some of the activities in the single-family home markets in the top 200 metropolitan areas in the U.S.Quoting other sources, the report stated that Minnesota was ranked at 3 and 5 best state to live in by CNBC and 24/7 Wall Street, respectively. The rankings are based on key indicators such as poverty rates, life expectancy, population growth, unemployment rates, education, crime rates and quality of life. Factoring in these indicators, the report revealed that Minnesota recorded the highest high school graduation rate at 93.1 percent. The state also reflected the largest share of the population with post-secondary education at 74.4 percent.According to the report, Minnesota has added 37,000 jobs over the last year and recorded employment rates at 2.8 percent. It also pointed out a steady growth in the state’s population at 7.3 percent. The reports noted significant improvements in the Twin Cities’ markets over the past two years. The home prices in Minneapolis/St. Paul is up by 16 percent from pre-recession levels, the report found. Minneapolis metro is a strong seller’s market with more and more people looking to put down roots in such a favorable location. The month’s remaining inventory is at a mere 2.47. The active days on market for the metro is at just 50 days—the lowest number recorded by Pro Teck in its top 10 rankings. The number of listings saw a decline by 16 percent this month and is projected to continue, the report said.  Read the full report here. The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily Related Articles The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days agolast_img read more

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Eustis man killed in apparent hunting accident

first_imgFLAGSTAFF TOWNSHIP – A Eustis man was killed Tuesday evening after he unintentionally shot himself in the leg while bird hunting on a remote logging road. It is the first hunting incident of the year, according to the Department of Inland Fisheries and Wildlife.MDIFW spokesperson Matt Latti said in a statement released Wednesday that the Franklin County Regional Communications Center took a call from Mark Henderson, 57 of Eustis, at 5:56 p.m. Tuesday evening. Henderson told dispatchers that he had unintentionally shot himself in the lower left leg while bird hunting on a remote logging road near the northwest shore of Flagstaff Lake in Flagstaff Township.Game wardens, Maine State Police, U.S. Border Patrol and NorthStar EMS all responded to the area and began searching logging roads for Henderson.At 7:06 p.m., Warden Kyle Hladik located Henderson near his truck. The warden began administering CPR to Henderson and loaded him into his truck. A state trooper drove the warden’s truck to meet an ambulance at the Big Eddy Road as Hladik and another trooper continued CPR. Emergency medical personnel administered care to Henderson for approximately 40 minutes before he died due to his injuries, Latti said.Wardens are investigating the incident.Latti said that Tuesday’s fatal shooting was the first hunting incident of the year; currently, open seasons including hunting for bear, deer, upland birds, waterfowl, turkeys and other species. The second week of moose season will begin next week.There are nearly 215,000 licensed hunters in Maine, Latti noted. Over the last 10 years, Maine has averaged six hunting incidents per year, with three fatal incidents over that 10-year period.last_img read more

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Hear John Prine Cover Stevie Wonder For New Spotify Singles Session

first_imgLegendary singer-songwriter John Prine has been back in the spotlight of late. In April, Prine released The Tree of Forgiveness, his first album of new material in 13 years. The ten-track LP was produced by Nashville vet Dave Cobb, who also served as the producer for recent records from Sturgill Simpson, Jason Isbell, and more. Today, John Prine becomes the latest artist to throw their hat in the ring for the ongoing Spotify Singles series, which typically sees musicians record one of their own songs as well as a cover of a song they love for a special release via the global streaming platform.For his Nashville Spotify Singles session, recorded at RCA Studio A, where he laid down The Tree of Forgiveness, John Prine opted to record a beautiful acoustic take on classic Stevie Wonder ballad “I Just Called To Say I Love You” in addition to a rendition of “I Have Met My Love Today”, initially released as part of his 2018 album, The Tree of Forgiveness. You can listen to John Prine’s Spotify Singles tracks below via Spotify.John Prine – “I Have Met My Love Today”, “I Just Called To Say I Love You” [Stevie Wonder cover]<span data-mce-type=”bookmark” style=”display: inline-block; width: 0px; overflow: hidden; line-height: 0;” class=”mce_SELRES_start”></span><span data-mce-type=”bookmark” style=”display: inline-block; width: 0px; overflow: hidden; line-height: 0;” class=”mce_SELRES_start”></span><span data-mce-type=”bookmark” style=”display: inline-block; width: 0px; overflow: hidden; line-height: 0;” class=”mce_SELRES_start”></span><span data-mce-type=”bookmark” style=”display: inline-block; width: 0px; overflow: hidden; line-height: 0;” class=”mce_SELRES_start”></span><span data-mce-type=”bookmark” style=”display: inline-block; width: 0px; overflow: hidden; line-height: 0;” class=”mce_SELRES_start”></span><span data-mce-type=”bookmark” style=”display: inline-block; width: 0px; overflow: hidden; line-height: 0;” class=”mce_SELRES_start”></span><span data-mce-type=”bookmark” style=”display: inline-block; width: 0px; overflow: hidden; line-height: 0;” class=”mce_SELRES_start”></span><span data-mce-type=”bookmark” style=”display: inline-block; width: 0px; overflow: hidden; line-height: 0;” class=”mce_SELRES_start”></span><span data-mce-type=”bookmark” style=”display: inline-block; width: 0px; overflow: hidden; line-height: 0;” class=”mce_SELRES_start”></span>John Prine also recently announced his brand-new concert destination event, All The Best, set to take place in November 2019 in Punta Cana, Dominican Republic. In addition to four beachside sets by Prine, the event will feature performance by Jason Isbell & The 400 Unit, Nathaniel Rateliff, Kacey Musgraves, Iris Dement, I’m With Her, Lori McKenna, Amanda Shires, Paul Thorn, Tyler Childers, Larry Campbell & Teresa Williams, Ruston Kelly, Gretchen Peters, and Keith Sykes, with more performers to be announced. For more information on John Prine’s new All The Best fest, head here.To listen to all of the previously released Spotify Singles sessions, head here.[H/T JamBase]last_img read more

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