Earlier quoted context omitted.
Curious on what OpenRouter's true moat is? It's just an LLM API routing framework, right?
Yeah, and Stripe is "just" a payments platform. Openrouter is easy, reliable and performant (like Stripe).
OpenRouter is joining Stripe
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Re: OpenRouter is joining Stripe
#112Earlier quoted context omitted.
Curious on what OpenRouter's true moat is? It's just an LLM API routing framework, right?
OpenRouter’s “moat” is currently “why would I use anything else?”. Stripe has presumably only purchased them because they think there’s consumer-surplus to monetize here, which presumably will soon be giving me lots of reasons to use something else.
Re: OpenRouter is joining Stripe
#113Earlier quoted context omitted.
Curious on what OpenRouter's true moat is? It's just an LLM API routing framework, right?
OpenRouter’s “moat” is currently “why would I use anything else?”. Stripe has presumably only purchased them because they think there’s consumer-surplus to monetize here, which presumably will soon be giving me lots of reasons to use something else.
Re: OpenRouter is joining Stripe
#1147 million would sound fair to me. 7 billion? Explain yourself.
Re: OpenRouter is joining Stripe
#115It is amazing how we watch from the sidelines these aquisitions and think .... why such big bill ? But it takes a good team to sell and everytime someone is successful it is because probably they have great sellers who believe in their value and demand a price. It is certainly not an easy task to get to the finish line for a startup and pay back their investors.
Curious on what OpenRouter's true moat is? It's just an LLM API routing framework, right?
Re: OpenRouter is joining Stripe
#116Could someone explain why these routers are so valuable and pulling acquisitions in the billions?
The other thing is convenience and centralized security from using one gateway to access everything. It's a lot better than having to deal with N accounts with separate limits and monitoring. And giving your payment details to one company instead of 20 is obviously safer.
Investors like them because the pricing is inherently usage based so there's zero risk of clients using more tokens than what they paid for. Guaranteed profit as long as they can keep a modest amount of customers.
Re: OpenRouter is joining Stripe
#1177 million would sound fair to me. 7 billion? Explain yourself.
Re: OpenRouter is joining Stripe
#118It is amazing how we watch from the sidelines these aquisitions and think .... why such big bill ? But it takes a good team to sell and everytime someone is successful it is because probably they have great sellers who believe in their value and demand a price. It is certainly not an easy task to get to the finish line for a startup and pay back their investors.
If you meant that generally: because productivity is increasing; the world is getting richer. Not all of it flows down, but some does; top SV salaries are up too. By a lot. edit: Inflation does not account for the observed growth.
Re: OpenRouter is joining Stripe
#119It is amazing how we watch from the sidelines these aquisitions and think .... why such big bill ? But it takes a good team to sell and everytime someone is successful it is because probably they have great sellers who believe in their value and demand a price. It is certainly not an easy task to get to the finish line for a startup and pay back their investors.
Curious on what OpenRouter's true moat is? It's just an LLM API routing framework, right?
Re: OpenRouter is joining Stripe
#120Earlier quoted context omitted.
What's good about their DevEx?
You create an account. Pay money. Get API key. Use APIs.
And if it's not worth it, then are you spending enough where it even effects Openrouter's bottom line?
With enough devs playing with hobby projects I'm not doubting it's profitable, only that $7 billion seems way too high.