J2D2

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"And tips, which hovered around 10 percent when cab rides were cash only, averaged 22 percent on credit-card transactions this fall."

wow. i’ve been paying cab fares with credit lately. i try to avoid cabs if i can, because i prefer the subway, but i totally get the advantage of plastic

In New York, Taxi Revenue and Tips From Credit Cards Rise -

(via fred-wilson)

Many cabs offer 15, 20 and 25% options in the form of a button. I’ve seen some that only offer 20, 25 and 30% options. You can also enter a tip amount by hand. This reminds me of something you shared recently about users being given a choice between now for a fee or getting something for free a bit later. I think most people want to get out of the cab fast and will hit a button with preset choices rather than enter something in by hand. Offer generous options in the form of a button and you’ll like get generous options chosen.

Side topic: Tumblr needs bettreblogging support in the dashboard for quotations. It looks fine on the main page, but I’m not convinced tumblr users view each others blogs through the main page.

link FRONTLINE: The Warning

This is a fascinating documentary about a single regulator who was speaking out against the activity in Washington that lead towards how our current crisis came about. Greenspan’s relationship with Ayn Rand is covered. Clinton’s rationale for trusting Robert Rubin and Larry Summers (who still sucks) is covered.

Make the time to watch it. It’s an hour though.

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