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Stripe acquires Lemon Squeezy

lemonsqueezy.com

131–140 of 220 posts

Re: Stripe acquires Lemon Squeezy

#131

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.

> swim in money

If you have a swimming pool worth of money, or a pond, or a canal, or a river, or maybe an ocean - you can swim in all these. Some founders maybe don't want to turn 58 trying to reach that perfect cubic m. volume of water to be able to swim. They might rather want to start swimming when they are kinda younger (30s maybe?). Who knows. And while already swimming they might want to get another pool, maybe an olympic size later and so on, instead of keep waiting for that "perfectly sized water body for them".

> change the world

Oh ffs. Really? Is that even a thought on the distant horizon of startup founders? Haha.

Re: Stripe acquires Lemon Squeezy

#133

>Nine months after our public launch in 2021, we surpassed $1M in ARR and never looked back. >Along the way, we received many acquisition offers and (Series A) term sheets from investors. But despite the allure of these opportunities, we knew that what we had built was truly special and needed the right partner to take it to the next level. Wow. This is quite the smart and ballsy move. Congrats to the team. Looks lik…

It does feel like being bought by stripe was the plan all along

Re: Stripe acquires Lemon Squeezy

#134
post #42
post #8

Earlier quoted context omitted.

We will definitely keep it.

It's in fact the reason people love LemonSqueezy (though it uses Stripe under), due to simplifying a lot the VAT remittance.

I mean, OK, but by the time it's called VAT in their universe they're already treating you as 'overseas' and your total payment processor fee is pushing 10% because "not in the US" apparently carries a 100% surcharge

Re: Stripe acquires Lemon Squeezy

#136

Earlier quoted context omitted.

Stripe has a history of shutting down legit businesses and blocking payouts of their rightfully earned income, whilst also profiting off those frozen funds by investing it. Sad to see lemon squeezy acquired by stripe.

> Stripe has a history of shutting down legit businesses and blocking payouts of their rightfully earned income, whilst also profiting off those frozen funds by investing it. Almost every case I've seen, it's almost always because they were dabbling with NSFW, Cannabis, or another card-network-restricted category. And when you confront them about their story, they almost always respond with weasel wording: "It wasn't…

Most of it I get, but... "Genital prosthetics"!? What on Earth?

Re: Stripe acquires Lemon Squeezy

#137

Earlier quoted context omitted.

What are you selling?

I don't want to go into details here, but it is something very traditional and unexciting that all kinds of people buy. We offered Bitcoin payment just as prominent as other forms of payment, but nobody was interested.

How are you taking Bitcoin payments? Every time I'm forced to pay for something using crypto it ends up making me want to self-harm and I've been a dev for 40 years. When I have to try and talk friends and relatives through crypto payments it is insanely painful.

Just the other day I was buying an NFT and I realized I bought the currency on Ethereum instead of Polygon. Coinbase didn't differentiate. Imagine trying to explain all this shit to your grandma.

Re: Stripe acquires Lemon Squeezy

#138

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.

Find me a single example of where Stripe kept the money themselves. In some cases they are legally obliged to hold onto funds. The don't get to keep them. You are putting yourself at risk of a lawsuit.

[dead]

Re: Stripe acquires Lemon Squeezy

#139

Earlier quoted context omitted.

Stripe has a history of shutting down legit businesses and blocking payouts of their rightfully earned income, whilst also profiting off those frozen funds by investing it. Sad to see lemon squeezy acquired by stripe.

> Stripe has a history of shutting down legit businesses and blocking payouts of their rightfully earned income, whilst also profiting off those frozen funds by investing it. Almost every case I've seen, it's almost always because they were dabbling with NSFW, Cannabis, or another card-network-restricted category. And when you confront them about their story, they almost always respond with weasel wording: "It wasn't…

[dead]

Re: Stripe acquires Lemon Squeezy

#140

Merchant of record can be really big - the biggest issue today is price. 5% + 50c doesn't make sense if you are selling $5 per month subscriptions. Reduce the price to Stripe pricing + 1%, and this will be the default for everyone!

this! im selling a subscription with this pricing model and it’s quite painful to swallow. having that said i really enjoy using lemon as my payment processor
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