While VC can turn startups into corporate giants, it’s statistically unlikely that your company will receive VC cash, here are some alternate funding options.
While advertisers' balance sheets are benefiting from extended payment terms, suppliers are suffering as they are pressured to extend payment terms against their better judgment.
Keith Smith, Payability CEO, collaborated with The 614 Group and AdMonsters in a recent study that highlights the driving factors and motivations of both sides of the transactional relationships.
Despite all the progress made in eCommerce, our supply chain — web publishers and app developers — is still suffering from archaic payment schemes like Net 30, Net 90, or - even worse - Net 150.
Technology allows businesses to receive revenue for goods and services immediately, electronically, and on multiple platforms, but modern suppliers—especially freelancers, app developers, and publishers—are still getting paid on archaic Net 30 (or worse, Net 60, 90, 150) terms.
For businesses to grow, we need to become comfortable talking about money, developing payment terms that work, and expecting on-time payments from our customers.
Marketplaces need more publishers and need more high quality traffic to grow and stay competitive. This power shift from marketplaces to publishers has been a long time coming.