Bruce Bower and I met thirty years ago as incoming freshmen at college. Just writing that sentence is pretty staggering to me, not just given the length of time. We became fast friends and shared many common interests. It is still incredible to me that we reconnected again years later over a business idea. Nearly … Read more
Earlier today, the founders of Mercardi announced the decision to close down their marketplace. We are completely delighted they have chosen to recommend and endorse Plastic Jungle as the best way for you to buy, sell, exchange, and donate gift cards online going forward. Welcome Mercardi Buyers and Sellers! At Plastic Jungle, savvy shoppers find … Read more
It’s pretty incredible how quickly Facebook is being woven into pop culture. As referenced by Betty White during her Saturday Night Live hosting gig (thanks to the Facebook petition to have her do it), even product features on Facebook, such as the “Poke” or “Like” button, have crossed over, too. One reference is the recent … Read more
The founder of Gift Card Buy Back, Gift Cards Again and Gift Card Donor recently announced the decision to pursue his dreams of working to support nonprofit initiatives. We wish him the best of luck in his new adventures. As the CEO of a company, I can relate to the difficult and important decision of … Read more
I had the opportunity to attend and present at the Future of Money & Technology Summit today in San Francisco. There has been a lot of innovation regarding how money moves over the past few years. Certainly well known is the growth of PayPal. I used to work there (as well as eBay) and saw … Read more
As we mentioned in a previous post, the Federal Reserve released new regulations regarding gift cards earlier this week. In particular, the regulations have received a bit of press as they are more consumer-friendly. For example, gift card issuers are now limited in their ability to charge non-use fees and the money on the card … Read more
A very exciting day for our young company. We closed our second round of financing, raising $7.4 million in a B round. The whole “A round, B round” lingo is more of a start-up way of saying that you are graduating through grade school on your way to higher education. In that vein, we’ve learned … Read more
One thing you can be certain of at our house over the Holidays is cookies. We have a good friend who hosts a cookie exchange every year and were surprised the first time we went that the only food at the party was cookies. Lots of them. I’m not saying I was disappointed; just surprised. … Read more
Each year at this time people take a look back at the gift wrap that flew through the house and, hopefully, get some time to slow down in the wake of the shopping dash. One of the most common items beneath the gift wrap is a gift card. Being in the gift card business, as … Read more
One of the things you think about when working at or running a company is what is it that your company does that no one else can do. This is important for two reasons, I think. First, it provides a reason for a consumer to do business with you. Second, it also provides a reason … Read more
