The Collison Brothers Built Stripe into a $95B Unicorn
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Re: The Collison Brothers Built Stripe into a $95B Unicorn
#2Paddle buying ProfitWell is big. Paddle would also take over all my billing support. I don’t want to do a billing migration right now but if I did I probably would switch to Paddle.
The first real contender to Stripe in a long time.
Re: The Collison Brothers Built Stripe into a $95B Unicorn
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Re: The Collison Brothers Built Stripe into a $95B Unicorn
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Re: The Collison Brothers Built Stripe into a $95B Unicorn
#5It's a really amazing case of a business going into a crowded space and building a solution to what anyone would have called a thoroughly-solved problem and still managed to disrupt it. They didn't really "invent" anything or make a new market, they just did something better than everyone else. And, I think, got incredibly lucky with entering the market at the exact right time.
Re: The Collison Brothers Built Stripe into a $95B Unicorn
#6Paddle buying ProfitWell is big. Paddle would also take over all my billing support. I don’t want to do a billing migration right now but if I did I probably would switch to Paddle. The first real contender to Stripe in a long time.
This kind of business is like airbnb for entrepreneurs. Accounting is a big hassle for small devs
Re: The Collison Brothers Built Stripe into a $95B Unicorn
#7Paddle buying ProfitWell is big. Paddle would also take over all my billing support. I don’t want to do a billing migration right now but if I did I probably would switch to Paddle. The first real contender to Stripe in a long time.
I still don't understand what Paddle offers to SaaS.
As a dev I thought maybe easier integration. But it doesn't seem all that different from Stripe Invoice.
Re: The Collison Brothers Built Stripe into a $95B Unicorn
#8absolutely ZERO chance they could get a $95B valuation in public markets today
HN/VCs also said Uber was a $150B company...Lyft was a $50B company...Peloton was a $40B company...
if Stripe went public today, I would say they would be lucky to crest at a $30B valuation, even that may be lofty...PayPal has 3x market share as Stripe and has a $92B valuation
Re: The Collison Brothers Built Stripe into a $95B Unicorn
#9It's a really amazing case of a business going into a crowded space and building a solution to what anyone would have called a thoroughly-solved problem and still managed to disrupt it. They didn't really "invent" anything or make a new market, they just did something better than everyone else. And, I think, got incredibly lucky with entering the market at the exact right time.
It is curious to wonder how they managed to lead the company this successfully. How often do young founders actually hang onto leadership this long without either imploding or being replaced? Why are the Collison brothers different?
Re: The Collison Brothers Built Stripe into a $95B Unicorn
#10It's a really amazing case of a business going into a crowded space and building a solution to what anyone would have called a thoroughly-solved problem and still managed to disrupt it. They didn't really "invent" anything or make a new market, they just did something better than everyone else. And, I think, got incredibly lucky with entering the market at the exact right time.
It is curious to wonder how they managed to lead the company this successfully. How often do young founders actually hang onto leadership this long without either imploding or being replaced? Why are the Collison brothers different?
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