CASHDROP founder Ruben Flores-Martinez said the hopelessness he experienced as a young undocumented immigrant later helped motivate the creation of CASHDROP, a mobile commerce app that lets users quickly set up personal storefronts with their phones.
The inspiration for CASHDROP came from two things: an unanswered need among small business owners for a user-friendly platform, and a weekly flea market that used to set up shop outside Flores-Martinez's childhood home in Guadalajara, Mexico. "It's fear," Flores-Martinez told Business Insider. "One hundred percent. You don't want to trust anybody. You don't trust anybody."
CASHDROP is entering a crowded space. Big names like Shopify, Wix, and Squarespace already help business owners design websites and facilitate online sales and shipping. But Flores-Martinez, who used to build online storefronts using some of those services, believes there's room in the market for CASHDROP's dead simple design. He said small businesses needed a more user-friendly app.
"So you have merchants from all over the city that would come and build these little tents with sticks and rags," Flores-Martinez said. "And then they would basically launch a business, and that was all of the infrastructure they needed." Flores-Martinez fell in love with computer science in high school and dreamed of pursuing a PhD. That path would have started with college.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside story: Humana's $100 million bet on telehealth startup Heal - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Etihad Airways gives face masks to first and business class passengers - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 'Etihad Airways will give first and business class passengers reusable, antimicrobial face coverings' Not sure if this headline gives critical alarming bells or sarcastically hilarious? 🤔
Source: BusinessInsider - 🏆 729. / 51 Read more »
SpaceX board member Steve Jurvetson says founders must have vision - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Elon Musk my mentor
Source: BusinessInsider - 🏆 729. / 51 Read more »
Meet Chinese billionaire Lucy Peng, the highest-funded female founder - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. The US has a warrant out for her arrest, just because. The Chinese like Jack Ma always rush to America to raise billions of hard American currency hope she will take to China as Jack Ma did recently. They challenge America but them and their businesses don't seem to have enough of dollars. Xi's agents in different forms don't relent
Source: BusinessInsider - 🏆 729. / 51 Read more »
Business Insider webinar: How influencers earn money in pandemic - Business InsiderSIGN UP NOW: Next week we're talking to YouTube and Instagram influencers with millions of followers about how they're adapting their businesses during the pandemic and earning 6-figure incomes
Source: BusinessInsider - 🏆 729. / 51 Read more »
Business Insider's best investing stories of July 2020 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »