pmikal's comments

Woo-hoo. Go perl!

"Network issue, not power, you can remote desktop into device. Not sure what the problem is yet." According to phone support.

philip: when is rackspace going to be back up?

Anarka F: looks like we just lost connection to a server in Dallas I do not have details since it just happened can I have your name and email address and I will send you details as soon as everything is back up

Anarka F: our engineers are on top of things! hang tight!

Realtime twitter updates in search, cool: http://www.google.com/search?q=twitter+rackspace

Rackspace is down, support not answering phone.

Not so much in the long term, but in higher quantities and when oxidized.

http://www.marksdailyapple.com/fish-oil-health-benefits/

You think a card reader in a headphone jack is going to last long in a retail environment?

This is what Square should have designed....

Wireless terminals have been available for a long time. Verifone has sold thousands of wireless terminals with a built-in GPRS and ethernet. You can easily find them for less then $200 and are purpose built for retail.

http://www.verifone.com/countertop/vx510.aspx

The last thing I want to do is to hand my $699 iPhone over to a customer, especially with a usb attachment or delicate accessory in it's headphone jack....

Your new employer can be held liable for employment taxes, plus interest and penalties, if a worker, you, is incorrectly classified as an independent contractor and paid via your LLC. The penalties can be reasonably high.

The IRS definition is here:

http://www.irs.gov/businesses/small/article/0,,id=99921,00.h...

There will also be a state definition to consider.

The one year period isn't a rule but more of a generally accepted guideline.

You can get around most of these in your contract with the hiring company and your LLC, but again will need their cooperation to properly structure the relationship to minimize their risk of losing an audit. It's really a bunch of hoops for them to jump through to get you on-board. If it were my company, it would be unlikely that I would go through the effort unless you were a key man.

An LLC is normally not prohibited from having stock options. It is an entity just like you the person.

However, most likely the company giving you the job will not be able to hire you through your LLC for a period more than a year. This is usually the time period the IRS would rule that you are an employee of the hiring company. This isn't a hard rule however, but a general interpretation. You would of course need cooperation from the company's owners as they may not like having you as an LLC. Even so, there are many people acting and working like employees that are being paid through their own companies.

It will probably be easiest for you to join the new startup as an employee and keep your LLC group coverage. Be careful that you are not eligible on two group policies as in some cases they could cancel each other out. Also try to maintain some income to the LLC to show it is actually trying to make some money and is not a shelter for your hobbies. At least enough to cover expenses.

Also, there is always hope you can again get insurance. Try posting your specifics on this agent forum and see what your options are:

www.insurance-forums.net

I just want a scanner with wifi that will save direct to a Dropbox account or fax direct with eFax. < $300

remember epinions?

Twollow also put itself for sale this week on Sitepoint, but then quickly took itself off the market. Twollow was claiming 8k of monthly revenue and was asking much less than TwtApps.

Duplicate: http://news.ycombinator.com/item?id=756724

More on Wired:

http://www.wired.com/threatlevel/2009/08/tjx-hacker-charged-...

Mint accesses your banking information using a service from Yodlee. I don't believe Yodlee has many partners outside the US and am not aware of a similar vendor with EU coverage.

Third party payment aggregation is neither cheap nor easy. The card associations do not at all like it and if you are able to find someone to underwrite your business, your pricing will be many percentage points higher than cost.

More importantly here, people aren't understanding your question....

Authorize.net is not a merchant acquirer, but a gateway, which is just hosted software. You do not need to get a merchant account to compete with Authorize. What you will need to do is write the transaction processing software, ie the gateway, and connect it with the various networks that banks have provide access to Visanet, etc.

I wouldn't trust a guy in a garage with my merchant account unless there was some money behind it. And if there is some money behind this and you are serious about doing this, I can help you get this done. PM me on my website - check my profile. If not, no worries and good luck...

I just read this great quote from Glenbrook Payments:

"It is hard to overestimate the depth of ignorance about card processing."