111–120 of 220 posts
Earlier quoted context omitted.
Based on prior experience: almost certainly bad.
Which experience specific to Stripe is that?
Good to see M&A get back on track -- PC, whom I would trust much more than any living economist, must be somewhat positive about the near future? Congrats to the lemon squeezy team!
Why do you prefer M&A happening?
I like to root for the home team (tech entrepreneurs like my former self getting paid out for taking a risk makes me happy)
M&A activity is a positive sign for the economy. Stripe wouldn’t be buying companies if they thought the economy was about to fall off a cliff, and Stripe is full of smart people (disclosure: I am a former Stripe).
If there were no acquisitions happening, starting (another) company would be much tougher to justify to my wife and my self.
99% of SaaS won't reach the MRR needed to justify MoR
Of the 1% those breaking through 7 digit MRR can simply hire in house to manage tax remittance and not confuse their customers with invoices labelled with MoR's branding
All in all this seems like the fear campaign has worked beautifully for Paddle and Lemonsqueezy but some of us saw right through it and never really felt the need to pay 5%~11% (!!)
Looks like Stripe will shut down MoRs one by one
This company screams “Stripe please buy me” so so much. From branding to the all UVP, it was a fast exit because it was meant to be. Still a massive achievement
Totally and this is the problem with startup founders of today. Their minds are filled with liquidity and an exit event. Steve Jobs had famously said how pathetic that is. And Zuckerberg, love or hate him, turned down billion dollars. Selling your startup is not a good plan. Make it big, change the world, and swim in money.
they are looking at quick exits especially in this high interest rate environments and so are the backers
Very few entrepreneurs are looking to create companies that will provide its workers with forever jobs
It's sad but those few that are grinding it out and creating jobs, helping economies in those countries run proper are the unsung heroes.
Time will tell where this American greed will take Americans but so far, its not looking good.
It’s scary how big stripe is becoming. Instead of competing just buy up other companies. Might be another company that will require regulatory intervention and break them up (same as when the govt broke up the railroads)
As someone from a country not supported by Stripe, it is annoying how frequently I find some tool that I might want to use, only to discover Stripe's the only payout option.
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The number one justification for cryptocurrency in my book, even if it's less safe or convenient or even has small fees. Your business being subject to the whims of payment processors is ludicrous. Even with this being the justification, they could just say they won't be working with the customer in the future, not literally steal their customer's already earned money.
All you're doing is moving the risk from the business to the consumer with crypto which is why it will never succeed. Consumers like all the things businesses hate about credit cards because they can get their money back if something goes wrong and when it comes to payments the customer decides who wins.
Earlier quoted context omitted.
The number one justification for cryptocurrency in my book, even if it's less safe or convenient or even has small fees. Your business being subject to the whims of payment processors is ludicrous. Even with this being the justification, they could just say they won't be working with the customer in the future, not literally steal their customer's already earned money.
LOL. Being able to reverse transactions and freeze funds is a feature not a bug. With crypto you have no recourse when a criminal does criminal things or you make a mistake. Ransomware only started being a thing thanks to crypto, but governments could easily ban it (serious governments like US, China, Germany, that is) Crypto is useless for anyone but criminals. If you can't use the real, state controlled financial s…
I find the whole aspect of having MoR a fear mongering tactic to get you to pay extra transaction fees 99% of SaaS won't reach the MRR needed to justify MoR Of the 1% those breaking through 7 digit MRR can simply hire in house to manage tax remittance and not confuse their customers with invoices labelled with MoR's branding All in all this seems like the fear campaign has worked beautifully for Paddle and Lemonsquee…
Didn’t care about my supposed tax liability in Saudi Arabia. I think I owe those guys $7. Come and get it.
Or in Serbia. Or the EU, more broadly. Or in the province of Saskatchewan. All of which I theoretically owe sales tax.
I’m registered for GST in Australia. I live in Australia. I will slavishly follow Australian law and submit my GST on time.
The rest of it? For a one-person business? Utterly unfeasible.
Earlier quoted context omitted.
All you're doing is moving the risk from the business to the consumer with crypto which is why it will never succeed. Consumers like all the things businesses hate about credit cards because they can get their money back if something goes wrong and when it comes to payments the customer decides who wins.
Well said. We've offered for many years to our customers to pay by CC, bank transfer or Bitcoin. Exactly 0 people wanted to pay by Bitcoin, while the other two options are at about 50/50.