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Stripe’s new funding round values company at $35B

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Re: Stripe’s new funding round values company at $35B

#31
post #26
post #19

Earlier quoted context omitted.

For starters I've never heard of Adyen until just now. So, perhaps better marketing?

It's pretty popular in the Europe and is a Dutch company.

Its only "popular" because for a long time it was the only choice in Europe pretty much. In several countries it still is.

It also was total garbage developer friendliness wise ~5 years ago.

Re: Stripe’s new funding round values company at $35B

#32

Earlier quoted context omitted.

What about Stripe versus Adyen or Square?

Does the existence of other financial firms make Goldman Sachs worth any less? I don't think it does. We're used to winner-take-all when it comes to these unicorns, but I'm not convinced it will stay that way. With many of these service niches, there's a ton of money to be made and enough needs / feature differentiation for competition.

Payments traditionally has been very fragmented. I think the biggest winners will continue to be Mastercard and Visa as all of these ancillary services will continue to move payments towards digital both on the consumer and business side.

I haven’t used the two products, but is Stripe 50% better than Adyen? Why would I use one versus the other? How easy will it be for Lyft to develop its own payment technology?

Re: Stripe’s new funding round values company at $35B

#33
post #11

Stripe has made transactions for my SaaS business so painless. I recently learned that I have customers with different currencies and it's not even something I had to consider or account for. Yeah their API is a little bit... bloated for simple needs since they're covering for many different use-cases, but their superb documentation, clean dashboard UX, and relatively low fees really make the value offering huge. Ove…

Yea, I'm pretty cool with this IPO as the company has built into filling quite a good niche while also putting pressure on MasterCard/Visa to clean up their monopoly softened act. I hope they find good success in the long term!

Edit: Oh please ignore my blindness, I didn't realize this was just a pure valuation announcement.

Re: Stripe’s new funding round values company at $35B

#34
Only ~10% of the world's GDP runs through the Internet right now, Stripe is working to raise that number and I fully support them. Their brand, their message, their product is stuff I study as I work on my own projects.

I feel this valuation is well-deserved. I rarely feel that way nowadays. This company will be around and still relevant a decade from now. I'd love to see them challenge the dinosaurs in the financial sector.

Re: Stripe’s new funding round values company at $35B

#35
post #33
post #11

Stripe has made transactions for my SaaS business so painless. I recently learned that I have customers with different currencies and it's not even something I had to consider or account for. Yeah their API is a little bit... bloated for simple needs since they're covering for many different use-cases, but their superb documentation, clean dashboard UX, and relatively low fees really make the value offering huge. Ove…

Yea, I'm pretty cool with this IPO as the company has built into filling quite a good niche while also putting pressure on MasterCard/Visa to clean up their monopoly softened act. I hope they find good success in the long term! Edit: Oh please ignore my blindness, I didn't realize this was just a pure valuation announcement.

where does it say this is an ipo? from the article: "Founded in 2010, Stripe is middle-aged by Silicon Valley standards, but Mr. Gaybrick and Stripe president John Collison said it had no plans to go public. "

Re: Stripe’s new funding round values company at $35B

#37
post #11

Stripe has made transactions for my SaaS business so painless. I recently learned that I have customers with different currencies and it's not even something I had to consider or account for. Yeah their API is a little bit... bloated for simple needs since they're covering for many different use-cases, but their superb documentation, clean dashboard UX, and relatively low fees really make the value offering huge. Ove…

>their API is a little bit... bloated for simple needs

I used Stripe about 7 years ago. I used it because their APIs were simple and PayPal etc. was complex and bloated.

It seems that this cycle repeats throughout b2b startups. Is there now an opportunity to create yet another simple lightweight API but one that doesn't cover all use-cases?

Re: Stripe’s new funding round values company at $35B

#39

Earlier quoted context omitted.

Because they are wildly profitable already without outside capital investment. Also: much less paperwork to do.

If they're wildly profitable, why would they need this latest funding round?

Perhaps they needed some short term liquidity to make a new investment in something. Or perhaps they wanted to let some early investors/employees cash out.
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