121–130 of 292 posts
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Exactly. Paddle saves me so much time and money. I couldn’t even imagine what my accountant would bill for something similar.
Does the 5% + 50c include the whole payment process on top of the tax-handling? As in, the alternative is paying 2-3% anyway to someone like Stripe for integrating payments, so that the cost of off-loading all int'l VAT and co headaches is around 2-3% (the 50c is negligible for my use case)?
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> It is a wealth-sharing problem as well. The reality is that it's just not possible to start these kinds of Unicorn companies anywhere except in the USA. The EU's extreme policies contribute to an overwhelming burden of tax and employment regulations, which results in risk-averseness. So entrepreneurial Europeans go to USA to start their company.
Checkout.com, Klarna, Revolut, Transferwise, Mollie, Deliveroo, Spotify, Hopin, Trustly.
No offense to Europeans, but I've only heard of Spotify.
What? Are you telling me Patrick Collison lost to his future wife at 17 in a science competition? That's so cool.
> At 17, Patrick won a high-profile national competition for young scientists; his project, building atop Lisp, a programming language developed at MIT, placed second in the European Union overall. The winner: his future wife, Silvana Konermann, who represented Switzerland. What? Are you telling me Patrick Collison lost to his future wife at 17 in a science competition? That's so cool.
If you can't beat 'em join 'em! (or in this case, propose to 'em)
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Checkout.com, Klarna, Revolut, Transferwise, Mollie, Deliveroo, Spotify, Hopin, Trustly.
> Checkout.com, Klarna, Revolut, Transferwise, Mollie, Deliveroo, Spotify, Hopin, Trustly. No offense to Europeans, but I've only heard of Spotify.
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> Surely many others were brilliant contributors to Stripe's becoming a $95B unicorn, and staying one, beyond just the Collison Brothers. From my experience working at several saas unicorns, in each companies there was 2-3 max people who where responsible for the success of the company. It is not that all others were useless but they all could have been replaced easily without having any impact in the success of the…
It's not difficult to hear, it's just not true. I don't know what sort of companies you've worked at where employees are completely fungible, but I've had the opposite experience, working with many talented and hard working people who make major contributions that help deliver hundreds of millions in revenue. Perhaps you joined them when they were already unicorns and the playbook / moat was already developed, but at…
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It's not difficult to hear, it's just not true. I don't know what sort of companies you've worked at where employees are completely fungible, but I've had the opposite experience, working with many talented and hard working people who make major contributions that help deliver hundreds of millions in revenue. Perhaps you joined them when they were already unicorns and the playbook / moat was already developed, but at…
Delivering major value !== Irreplaceable
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If Amazon’s board decided to reallocate the CEO’s compensation package and grant it to employees, it would increase the entry level salaries of warehouse workers from $18/hour to $18.45/hour. Not a bad bump, but also historically low by Amazon pay bumps. But it’s also not going to solve income inequality… And very likely there are few people qualified to be CEO of Amazon who’d do the job for $18.45/hour.
Don’t confuse compensation with his wealth. CEOs often have hardly any salary. But his shares nearly doubled in value over the pandemic - increasing by $84 billion. Divide those billions per employee instead and they get $84,000 each. And Bezos is still as rich as he was before the pandemic.
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> Checkout.com, Klarna, Revolut, Transferwise, Mollie, Deliveroo, Spotify, Hopin, Trustly. No offense to Europeans, but I've only heard of Spotify.
Not hearing about Klarna and Deliveroo is surprising. Klarna is everywhere I turn in the US.