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IndieHackers.com acquired by Stripe

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Re: IndieHackers.com acquired by Stripe

#181

Post by dang »

throwaway88775 wrote: post #126
dang wrote: post #113

Earlier quoted context omitted.

We try hard not to do that. But it's tricky because many YC alumni do interesting work and/or are valued HN contributors and we certainly don't want to penalize them either.

> We try hard not to do that. But it's tricky because many YC alumni do interesting work and/or are valued HN contributors and we certainly don't want to penalize them either. This sounds like an admission of guilt to me.

Of course not, and I trust most HN readers not to take it that way. We like to be open about how we approach these questions.

Re: IndieHackers.com acquired by Stripe

#182

Post by throw2bit »

posguy wrote: post #157
throw2bit wrote: post #155

Earlier quoted context omitted.

I moved out of Stripe because stripe charges $15 for charge backs for my product worth $10. The dispute resolution mechanism sucks and it almost all the time favors the customer and stripe is US only. My product is worldwide.

Yeah, Stripe only gets so much say over chargebacks with their platform provider and the cardholder's bank, the only platform that I've seen chargebacks successfully fought & won on is Tsys, its always a loser on First Data. That being said, $15 is a low chargeback fee (damn close to cost the issuing bank & platform charge), generally you'll see a $25 to $30 chargeback fee with a $20 to $75 retrieval fee.

how does paypal handle these ? When there is a dispute, I refund the amount and thats it. Paypal bears the chargeback and Stripe passes it to the merchants ?

Re: IndieHackers.com acquired by Stripe

#183

Post by Cian911 »

fictioncircle wrote: post #163
pc wrote: post #18

Patrick from Stripe here. I wanted to quickly chime in to emphasize that our goal in acquiring Indie Hackers is to simply ensure that the site becomes as successful as possible. The Stripe upside we're hoping for is that more companies get started and that they're more successful . We already see a very large fraction of new internet companies choose Stripe; we're mainly hoping that Indie Hackers can help us grow the…

https://www.indiehackers.com/businesses/stock-trading-bot > I'm surprised this article is still up when it seems pretty clear it's a scam and all the comments on Hacker News agree. https://news.ycombinator.com/item?id=13593599 Honestly, given IndieHackers promotes obvious bullshit that could make 4-5 figures of cash for a few minutes effort I have to seriously question the wisdom of associating it with Stripe.

You don't throw out the basket for one bad egg.

Re: IndieHackers.com acquired by Stripe

#184

Post by [deleted] »

newsat13 wrote: post #118
csallen wrote: post #90

Earlier quoted context omitted.

Not as many as you might think. It's more about having a specific and valuable audience and doing sales. I've written about it a bit in some of my monthly review posts: https://www.indiehackers.com/timeline

Oh, thanks for the link. This is quite incredible. Where are the ads btw? I don't see a single ad on your website :-) Or did you remove them post-acquisition?

[deleted]

Re: IndieHackers.com acquired by Stripe

#185

Post by simonk »

throw2bit wrote: post #182
posguy wrote: post #157

Earlier quoted context omitted.

Yeah, Stripe only gets so much say over chargebacks with their platform provider and the cardholder's bank, the only platform that I've seen chargebacks successfully fought & won on is Tsys, its always a loser on First Data. That being said, $15 is a low chargeback fee (damn close to cost the issuing bank & platform charge), generally you'll see a $25 to $30 chargeback fee with a $20 to $75 retrieval fee.

how does paypal handle these ? When there is a dispute, I refund the amount and thats it. Paypal bears the chargeback and Stripe passes it to the merchants ?

Paypal charges a $20 chargeback fee on disputes with a credit card company.

Re: IndieHackers.com acquired by Stripe

#186

Post by searchhn »

hsod wrote: post #175

I've been reading HN for 5 or 6 years and this feels very strange to me. From the comments in here by the principles it kind of seems like Stripe is doing IH a favor. A few things that stick in my craw: 1. This seems like it would be damaging to IH's brand image (since it will now be perceived as a PR arm of Stripe, and it's all about independence) 2. Stripe's stated goal here is simply to ensure the success of IH in…

2) IH has been a source of inspiration and motivation for me. Atlas and Stripe are on my list services that I look forward to use in the near future.

Re: IndieHackers.com acquired by Stripe

#187

Post by nickpsecurity »

holtalanm wrote: post #143
minimaxir wrote: post #6

While going from a blog-to-acquisition in less than a year is an impressive feat, there have been suspicious circumstances around IndieHackers submissions to Hacker News including clickbait titles that are frequently fixed by HN mods, and in one case, explicit voting manipulation with an attempt to bypass the voting ring detector via linking to /newest: http://i.imgur.com/08pAFOw.jpg This acquisition sends a disappoi…

or, you know, the HN submissions from IndieHackers are actually popular. God forbid. I find myself actually _liking_ the IndieHackers posts, because they are inspiring. I know; there's no way I could be a real individual because all of the IndieHackers popularity is falsified. /s

"I find myself actually _liking_ the IndieHackers posts, because they are inspiring."

Same here. Good stories with specific details that might give me ideas. I originally saw it on Barnacl.es: a site for bootstrappers regularly posting stuff like marketing strategies with low noise in comments. Then I saw it on HN.

Re: IndieHackers.com acquired by Stripe

#188

Post by raffleslodge »

csallen wrote: post #40
minimaxir wrote: post #6

While going from a blog-to-acquisition in less than a year is an impressive feat, there have been suspicious circumstances around IndieHackers submissions to Hacker News including clickbait titles that are frequently fixed by HN mods, and in one case, explicit voting manipulation with an attempt to bypass the voting ring detector via linking to /newest: http://i.imgur.com/08pAFOw.jpg This acquisition sends a disappoi…

The HN community has been a big part of Indie Hackers, even helping me come up with the idea for the site in the first place. I've made a ton of submissions in the past 8 months and experimented with various combinations of stories/titles that the HN audience might like, without always being successful. (Probably one out of every 4-5 submissions turned into an angry mob haha) To speak specifically to your point about…

Nice work!

Re: IndieHackers.com acquired by Stripe

#189

Post by itwy »

Isn't it ironic the details of the acquisition isn't being transparently shared?

From Indie Hackers site:

"Anyone with a business or side project that's generating at least $300/mo in revenue. There's no upper limit. Of course, you have to be willing to share your revenue — the point of this site is transparency!" Source: https://www.indiehackers.com/submit

I think we have the "right" to know what the transaction entailed; how much the owner was exactly paid, that is.

Re: IndieHackers.com acquired by Stripe

#190

Post by willbw »

itwy wrote: post #189

Isn't it ironic the details of the acquisition isn't being transparently shared? From Indie Hackers site: "Anyone with a business or side project that's generating at least $300/mo in revenue. There's no upper limit. Of course, you have to be willing to share your revenue — the point of this site is transparency!" Source: https://www.indiehackers.com/submit I think we have the "right" to know what the transaction ent…

Why do you think you have that right? Honestly curious.
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