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Bolt founder on Stripe/YC

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Re: Bolt founder on Stripe/YC

#281

Post by halpert »

patrec wrote: post #193
danielvinson wrote: post #183

Earlier quoted context omitted.

Not related to your actual point, but I researched corporate boards a few years back and found many instances of people on boards of two direct competitors. In fact, I found a couple of companies with CEOs who also served on the board of a competitor. This was going through maybe a few hundred large corporations, so I’d have to assume it’s incredibly common.

Can you give some examples (because that sounds interesting, not because I don't believe you)?

This is notoriously playing out in the ETF space. Large institutions own vast quantities in stock in competitors and competition decreases as a result. See Rise of Institutional Investors Raises Questions of Collusion.

Re: Bolt founder on Stripe/YC

#282

Post by tentacleuno »

wglb wrote: post #273
vmception wrote: post #91

Earlier quoted context omitted.

Can we check internet archive? The database entries could be modified easily Not to entertain the conspiracy, I’ve just done it before so it comes to mind

The database entries could be modified easily A strange an unfounded accusation. I collected both of these stories when they came in: * 16869290 2018-04-25 21:25:32 Stripe announcement * 16870692 2018-04-25 21:33:27 Bolt announcement This is immune to any database fiddling. These files are on my own server.

Do you archive Hacker News? Could you possibly tell us more about it? I'm genuinely interested.

Re: Bolt founder on Stripe/YC

#283

Post by wglb »

tentacleuno wrote: post #282
wglb wrote: post #273

Earlier quoted context omitted.

The database entries could be modified easily A strange an unfounded accusation. I collected both of these stories when they came in: * 16869290 2018-04-25 21:25:32 Stripe announcement * 16870692 2018-04-25 21:33:27 Bolt announcement This is immune to any database fiddling. These files are on my own server.

Do you archive Hacker News? Could you possibly tell us more about it? I'm genuinely interested.

Check out https://hn.algolia.com/api

Re: Bolt founder on Stripe/YC

#286

Post by SmellTheGlove »

danielmarkbruce wrote: post #79

I was at Stripe a few years back and I don't remember Bolt coming up as a competitor, ever. Stripe was more worried about Paypal and Adyen. One thing to keep in mind - all companies at this size have a corp dev function. Over the past decade, they've likely spoken to several hundred companies and patrick has probably personally spoken to over 100 about an acquisition and looked at some of their data. Anyone who looks…

> I was at Stripe a few years back and I don't remember Bolt coming up as a competitor, ever. Stripe was more worried about Paypal and Adyen.

They even had an office you could _see_ from Stripe's. Right across Brannan.

Re: Bolt founder on Stripe/YC

#287

Post by hyeomans »

dang wrote: post #158
dotcoma wrote: post #147

Earlier quoted context omitted.

dang, imho you’re trying too hard.

Sorry, but if someone makes statements about HN or YC that I know to be false, I believe it's my job to correct them—especially since we can't treat this kind of post in the way we normally moderate HN ( https://hn.algolia.com/?dateRange=all&page=0&prefix=false&qu... ). What do you think I should do instead?

I think people have already made their mind but if you want to share more information, I would suggest being 100% transparent and releasing any internal communication (emails/text/slack) about Bolt.

Re: Bolt founder on Stripe/YC

#288

Post by danielmarkbruce »

halpert wrote: post #281
patrec wrote: post #193

Earlier quoted context omitted.

Can you give some examples (because that sounds interesting, not because I don't believe you)?

This is notoriously playing out in the ETF space. Large institutions own vast quantities in stock in competitors and competition decreases as a result. See Rise of Institutional Investors Raises Questions of Collusion.

Can you give a concrete example? This seems vague. It's certainly not notorious.

Re: Bolt founder on Stripe/YC

#289

Post by ryan_lane »

jgrahamc wrote: post #195
dang wrote: post #184

His claims about HN are false. Short version: his post was 2+ hours later than Stripe's, not an hour earlier, and fell in rank because users flagged it, not because moderators did anything (which I suppose is what his mafia/mob language was intended to imply). The longer version is going to involve a tedious barrage of links, but I want this to be something that people can check for themselves if they care to. Quotin…

Another startup that managed it, around the same time, was Cloudflare (not a YC startup). We spent a huge amount of time on the Cloudflare blog making sure that it was precisely not a marketing outlet but technical. I think that's why it took off here. And we were/are very honest about when we had/have problems* and use simple, clear language. I personally spent/spend hours per day editing/writing for the blog. * htt…

This is similar to how we edited the Lyft tech blog, and why I think we hit #1 so frequently.

Re: Bolt founder on Stripe/YC

#290

Post by intellix »

joshstrange wrote: post #253

I had never heard of Bolt before today that I can remember but since I'm woking on a project that needs CC processing (it has Stripe currently, I'm moving to another provider) I was interested. I looked at their website and immediately felt like it wasn't aimed at me. I don't care about 1-click anything, I want to know about how to use this, api calls, how to capture an auth, etc. I see the developer menu item and I…

"Contact us for pricing" means ridiculous pricing and i'll instantly disregard it
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