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Stripe Corporate Card

stripe.com

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Re: Stripe Corporate Card

#112
post #107

It’s impressive to see the velocity of new products that Stripe is putting out. I’d be really interested to see a blog post or similar on how they decide which initiatives to invest in, how they structure those teams and set milestones, etc

[Stripe cofounder] Thanks! We're always paranoid that we're too slow, for whatever it's worth. We're still iterating on the supporting models and frameworks. We think a lot about pace layering -- how do we have teams that think on multi-year horizons (infrastructure, security, etc.) alongside teams that are rapidly iterating at much earlier stages of development. I think a lot goes wrong when organizations insist on…

Hey Patrick, could you elaborate more on hiring in nascent product areas? What does making it easier actually entail compared to hiring in more established areas of Stripe?

Re: Stripe Corporate Card

#113
post #107

It’s impressive to see the velocity of new products that Stripe is putting out. I’d be really interested to see a blog post or similar on how they decide which initiatives to invest in, how they structure those teams and set milestones, etc

[Stripe cofounder] Thanks! We're always paranoid that we're too slow, for whatever it's worth. We're still iterating on the supporting models and frameworks. We think a lot about pace layering -- how do we have teams that think on multi-year horizons (infrastructure, security, etc.) alongside teams that are rapidly iterating at much earlier stages of development. I think a lot goes wrong when organizations insist on…

Makes sense! For the eventual blog post, I'd be particularly interested in hearing how you decide which small bets to make (e.g. did Corporate Cards start from an employee saying "I want to go work on this"? An internal new-products strategy team? An executive?), and what structures you have in place for deciding when to invest more heavily in a bet.

We are trying to figure out how to do this at Clever, and I know others like Segment (https://segment.com/blog/finding-product-market-fit-again/) are thinking about this as well, so hopefully we can start putting together some advice on how to create an "engine" for layering new products onto an established platform.

Re: Stripe Corporate Card

#114
I'm not sure if this has been mentioned, but the response to the invite request currently has a typo. It says "We've received your invite request and we'll be touch soon." Instead of "we'll be in touch soon." Just an fyi.

Re: Stripe Corporate Card

#116
post #107

It’s impressive to see the velocity of new products that Stripe is putting out. I’d be really interested to see a blog post or similar on how they decide which initiatives to invest in, how they structure those teams and set milestones, etc

[Stripe cofounder] Thanks! We're always paranoid that we're too slow, for whatever it's worth. We're still iterating on the supporting models and frameworks. We think a lot about pace layering -- how do we have teams that think on multi-year horizons (infrastructure, security, etc.) alongside teams that are rapidly iterating at much earlier stages of development. I think a lot goes wrong when organizations insist on…

Do you know what's annoying to me? Seeing how awesome products you have but can't use them because I live in Romania. Come on... :D

I know there's Atlas, but for a bootstrapper I can't afford it (especially when I don't know anything about legal stuff).

Re: Stripe Corporate Card

#117
post #91

Do you need to be incorporated to use this, or can a non-incorporated business use it? The fee rebate and partner credits are very compelling.

Your business doesn't need to be incorporated to apply. Sole props are welcome! It's worth noting that the personal liability changes, though: the individual behind the sole prop will be personally responsible for charges on their account.

Re: Stripe Corporate Card

#119

I'm not sure if this has been mentioned, but the response to the invite request currently has a typo. It says "We've received your invite request and we'll be touch soon." Instead of "we'll be in touch soon." Just an fyi.

Thank you! Fixed. (:
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