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

wsj.com

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

#201

Post by inapis »

Chris_Newton wrote: post #108
thaumasiotes wrote: post #55

Earlier quoted context omitted.

> I recently learned that I have customers with different currencies and it's not even something I had to consider or account for. If your customers are at all price-sensitive, you might want to give this a little more consideration. Banks and payment processors always offer "We handle currency conversion for you! How convenient!", and they pretty much always do it by charging several times the normal conversion fee…

Please charge me in your currency, not my currency. We did that initially, but you do discover a few downsides fairly quickly. One is that if you also price in your (the vendor’s) currency, for any sort of recurring subscription or repeat purchase, exchange rates can cause noticeable and possibly surprisingly large changes in what your customers pay from one time to another. Naturally this is viewed favourably by you…

Off tangent but this is the kind of comment that I come to for HN regularly. Personal insight and experience.

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

#202

Post by Teichopsia »

edwinwee wrote: post #156
Teichopsia wrote: post #146

Stripe is one of many services I would like to use but can't because they simply don't work in my country. I understand it can get somewhat complicated due to legalities I probably don't understand (or maybe the market is too small to even bother). But if your Navy can go through the country I live in, could you folks (in general and not directed at anyone) please try a little harder?

Where do you live? Our roadmap—literally—is quickly expanding to many more countries (we just launched in 8 new countries last week). And this new funding round will be put to use for that. :)

I wasn't expecting a reply, but it was nice to get one. I was just venting my frustration.

Panama, Central America. I signed up for the email notification - years ago :)

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

#203

Post by samstave »

pc wrote: post #54

[Stripe cofounder] Thanks to everyone here who took a chance on us in the beginning and shared helpful feedback over the years! How to serve startups/developers more effectively at scale is still the main thrust of our product focus. We've fixed and improved a lot of things since we launched here in 2011, but we also still have a lot of work to do. (Both "obvious things we want to fix" and "new functionality we want…

I’m going to ask a favor on behalf of a multi billion dollar industry: please figure out how to service cannabis companies.

I build cannabis tech.

Its reall stressful when doing over $1 million in sales in a month and it’s literally all freaking cash and we have to spend hours even with a counting machine counting $20 bills.

Please tell me what your plan is to support legal cannabis.

Thanks

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

#204

Post by throw554 »

mehhh wrote: post #193
openureye1s288 wrote: post #188

Earlier quoted context omitted.

Twilio uses Stripe. So "telecom" per se is not banned.

Twilio almost certainly has a different agreement with Stripe than is standard, and Stripe commonly bans Telecom related services: https://news.ycombinator.com/item?id=20012656 The Ubiqiti forums are also littered with ISPs that signed up with Stripe (since Ubiquiti integrates with them) used it for a few months w/o chargebacks or any fraud, but got an email one day saying they were not allowed to use Stripe. Appeals…

What business are you in?

That's true that ISPs and WISPs can't really use Stripe (many use Adyen), but pure-VOIP companies offering hosted PBX and such are welcome at Stripe based on feedback I received from several people who work at Stripe.

SignalWire too should be able to use Stripe.

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

#205

Post by the-trev-dev »

We implemented stripe as an add-on a little more than 6 years ago and left it mostly untouched. After some recent TLC we now facilitate $100 million a year through Stripe. Our next hurdle is trying to integrate Stripe terminal for thousands of customers but $300 a pop is a tough sell.

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

#206

Post by edwinwee »

the-trev-dev wrote: post #205

We implemented stripe as an add-on a little more than 6 years ago and left it mostly untouched. After some recent TLC we now facilitate $100 million a year through Stripe. Our next hurdle is trying to integrate Stripe terminal for thousands of customers but $300 a pop is a tough sell.

For huge Terminal device orders like that, we can help with a volume discount. Just email in to support@stripe.com with how many you need (feel free to CC me at edwin@stripe.com).

(BTW, if you didn't see, we have a $59 device too. We're also working on supporting more.)

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

#207

Post by hobofan »

puranjay wrote: post #129

Anybody who doubts whether Stripe is worth $35B just needs to read this comments section I don't think I've seen a unicorn get this much love from developers

Developer love isn't everything. There are some projects on here that just as much dev love, but are not even able to fund a single person. There are also quite a few products I've used that have an amazing API but an otherwise awful product.

Yes, dev love is a big part of what allowed Stripe to become stripe, but it's probably not a good indicator whether Strip is worth $1B or $10B or $35B.

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

#208

Post by n1c »

edwinwee wrote: post #156
Teichopsia wrote: post #146

Stripe is one of many services I would like to use but can't because they simply don't work in my country. I understand it can get somewhat complicated due to legalities I probably don't understand (or maybe the market is too small to even bother). But if your Navy can go through the country I live in, could you folks (in general and not directed at anyone) please try a little harder?

Where do you live? Our roadmap—literally—is quickly expanding to many more countries (we just launched in 8 new countries last week). And this new funding round will be put to use for that. :)

Not OP but I know a bunch of South African makers who'd love to be using Stripe instead of our alternatives.

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

#209

Post by tnolet »

taurath wrote: post #134
ravenstine wrote: post #82

Earlier quoted context omitted.

Besides your product, I thank you all at Stripe for setting an example of what real API/SDK documentation is.

Its the basis upon which I form my opinion as to what "good docs" look like. It makes you incredibly spoiled when trying to use some of Stripe's competitors.

Totally agree. I implemented stuff like Paypal and Adyen. Bit of a horror show. But even Stripe's API has some gotcha's.

I documented how I implemented Stripe for the SaaS I run quite extensively at https://blog.checklyhq.com/our-stripe-billing-implementation...

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

#210

Post by jabo »

mcbutterbunz wrote: post #184
ravenstine wrote: post #82

Earlier quoted context omitted.

Besides your product, I thank you all at Stripe for setting an example of what real API/SDK documentation is.

A quick look at the documentation and I'm impressed and a little jealous. Do you know if this is a proprietary API doc generator similar to Swagger?

Here’s a framework that helps generate documentation similar to Stripe’s: https://github.com/slatedocs/slate
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