Thryve Capital

**Funder Mark** · 02-23-2016, 11:25 AM

So I just got an email about these guys, who are they? Has anyone worked with them until now? Have they been around for a while, or are they just some new guys with cash on hand, paying for advertisements?

**Michael I** · 02-23-2016, 11:33 AM

seem to be promoting or dissing yellow stone . i honestly cant tell which

**Funder Mark** · 02-23-2016, 11:38 AM

I think they are saying that they are the new Yellowstone ISO relations, or something similar.

**TStein** · 02-23-2016, 11:41 AM

Judging by the email I would assume it is a rep funneling the deals through ysc under the name Thryve

**AndyYSCISOdept** · 02-23-2016, 12:00 PM

Originally Posted by TStein

Judging by the email I would assume it is a rep funneling the deals through ysc under the name Thryve

Its a simple way for YSC to bring back ISOs who have a t one time worked with us but for whatever reason do not anymore. They are good guys and will be treated as well as anyone would expect from my team or similar

If you haven't worked with YSC in a while and don't like me give them a shot. Ask for Steve or Dave

**bsmith** · 02-23-2016, 12:03 PM

It seems like they want everyone who stopped working with YSC to submit files to them so they can send it in to YSC. Not sure where the logic is in that.

**bsmith** · 02-23-2016, 12:05 PM

Originally Posted by AndyYSCISOdept

Its a simple way for YSC to bring back ISOs who have a t one time worked with us but for whatever reason do not anymore. They are good guys and will be treated as well as anyone would expect from my team or similar

If you haven't worked with YSC in a while and don't like me give them a shot. Ask for Steve or Dave

If that's the end goal, why would Thryve openly admit to working with YSC? I would assume that most brokers that stopped working with YSC had a reason and therefore would not work with Thryve if they are the essentially the same.

**TStein** · 02-23-2016, 12:06 PM

Originally Posted by AndyYSCISOdept

Its a simple way for YSC to bring back ISOs who have a t one time worked with us but for whatever reason do not anymore. They are good guys and will be treated as well as anyone would expect from my team or similar

If you haven't worked with YSC in a while and don't like me give them a shot. Ask for Steve or Dave

Steve R?

**AndyYSCISOdept** · 02-23-2016, 12:11 PM

Steve Wienrib and Dave Singfer. The fact of the matter is that there are a ton of ISO shops / Brokers etc that have worked with us been paid a few times and not worked with us in the last quarter and its time with all the great things we're doing to bring them back in the fold. SO Isaac appointed these two to take on this project and I cant think of two guys better suited to do it.

**AndyYSCISOdept** · 02-23-2016, 12:19 PM

Originally Posted by bsmith

If that's the end goal, why would Thryve openly admit to working with YSC? I would assume that most brokers that stopped working with YSC had a reason and therefore would not work with Thryve if they are the essentially the same.

Youd prefer them to lie? Hey Im thryve come work with me....but I have nothing to do with YSC. Totally makes sense

**bsmith** · 02-23-2016, 12:33 PM

Originally Posted by AndyYSCISOdept

Youd prefer them to lie? Hey Im thryve come work with me....but I have nothing to do with YSC. Totally makes sense

Stating that they do not work with YSC and simply leaving that part out unless asked directly are two different things, though the line may be a bit grey. Transparency is a good thing and I'm glad that YSC has remained conscious of this and chose to steer clear of the line, it just seemed odd from a competitive marketing standpoint. I don't run a multi million dollar company, it was just my mere curiosity that was asking. I will say though that we haven't had any issues with YSC and our rep Daniel has been a great asset to us.

**isaacdstern** · 02-23-2016, 12:34 PM

Since the company was formed in 2009 we have worked with and paid over 3500 iso's. Today we actively work with about 800 of them. Some of the remaining 2700 are no longer around or have merged with other shops but the main idea here is to directly market to those isos that no longer work with us and let them know why we feel we are the most necessary funder out there.

**FUNd** · 02-23-2016, 12:36 PM

Originally Posted by isaacdstern

Since the company was formed in 2009 we have worked with and paid over 3500 iso's. Today we actively work with about 800 of them. Some of the remaining 2700 are no longer around or have merged with other shops but the main idea here is to directly market to those isos that no longer work with us and let them know why we feel we are the most necessary funder out there.

Finally, someone says a number! Thanks Isaac.

**AndyYSCISOdept** · 02-23-2016, 12:38 PM

Originally Posted by FUNd

Finally, someone says a number! Thanks Isaac.

I was wondering where you were FUNd...I can usually set a stop watch to your comments and my responses or vice versa.

But in all seriousness, Thryve will be a good thing for reps not currently working with ysc that wanna come back and I fully support it even though in theory I may have been the team said Shop left behind. (?Most likely not but you never know LOL)

**Michael I** · 02-23-2016, 01:25 PM

any one know how much more commission thryve is giving compared to yellowstone ?

**FUNd** · 02-23-2016, 01:26 PM

Originally Posted by AndyYSCISOdept

I was wondering where you were FUNd...I can usually set a stop watch to your comments and my responses or vice versa.

But in all seriousness, Thryve will be a good thing for reps not currently working with ysc that wanna come back and I fully support it even though in theory I may have been the team said Shop left behind. (?Most likely not but you never know LOL)

LOL, I've been lurking in the shadows.

**snk1lp** · 02-23-2016, 01:30 PM

..

**Funder Mark** · 02-23-2016, 01:33 PM

..
..

**snk1lp** · 02-23-2016, 01:41 PM

..

**1StopFunding** · 02-23-2016, 01:46 PM

Agreed

**AndyYSCISOdept** · 02-23-2016, 02:08 PM

Originally Posted by Michael I

any one know how much more commission thryve is giving compared to yellowstone ?

Please call Steve and David, but keep in min this is for the reps that are not currently working with ySC

**Michael I** · 02-23-2016, 02:18 PM

Originally Posted by AndyYSCISOdept

Please call Steve and David, but keep in min this is for the reps that are not currently working with ySC

its all about the commission if they offer more and can do the same then i no longer work with ysc

**Funder Mark** · 02-23-2016, 02:28 PM

Originally Posted by Michael I

its all about the commission if they offer more and can do the same then i no longer work with ysc

But then you may lose your renewal commissions from your older deals with your previous rep.

**AndyYSCISOdept** · 02-23-2016, 02:29 PM

Originally Posted by Michael I

its all about the commission if they offer more and can do the same then i no longer work with ysc

First off, YSC isn't and wont cannibalize itself that way so the whole internal commission idea is gone....
Those guys are simply setting up a format to bring back companies that once worked with YSC.

**AndyYSCISOdept** · 02-23-2016, 02:30 PM

Originally Posted by Funder Mark

But then you may lose your renewal commissions from your older deals with your previous rep.

Doesn't work that way....regardless of whom your rep was/is, if you have carry over and the files belong to you , then you're getting paid

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