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Stripe acquires Clerky

clerky.com

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Re: Stripe acquires Clerky

#51

Post by reddalo »

techsystems wrote: post #29
georgel wrote: post #5

Earlier quoted context omitted.

> controls all of the early incorporation infrastructure You don't need to rely on Stripe to do anything. There are other payment gateways, and you can file things yourself (or hire someone). Do they make things very easy and accessible for a smaller fee than doing it yourself, yes.

What are some good alternatives to Stripe for people to pay for your stuff? Unsure how much I trust my searches for this kind of stuff on the web lately

Adyen is similar to Stripe, and it's an European company. But they select their customers, so you need to contact them, you can't sign-up "diy".

Re: Stripe acquires Clerky

#52

Post by john_strinlai »

echelon wrote: post #45
theowaway213456 wrote: post #42

Earlier quoted context omitted.

It's the second sentence of the blog post.

When faced with a wall of text, I make a decision to either find the homepage (which I did this time) or click back to the HN discussion. I've been bitten far too many times by low info density wall of text. I think this is many people's algorithm.

>When faced with a wall of text

wall? it is less than 400 words, separated over 5 paragraphs. is that what counts as a "wall" now?

your comment is longer (49 words) than it takes to get to the answer of what clerky does (45 words).

Re: Stripe acquires Clerky

#53

Post by forshaper »

ElProlactin wrote: post #48
rattray wrote: post #36

Earlier quoted context omitted.

I've used https://delawareinc.com/ to incorporate several companies over the years, and always had a good experience. Their website looks pretty old-school but it works well and their service is very prompt. So I wouldn't Stripe controls all of the early incorporation infrastructure – just the flashy stuff (which I'm sure is great too). (disclaimer: former Stripe employee)

Yeah, it's not even close. Stripe Atlas is a very small part of the market. It doesn't mean the product isn't good but every year, over a million new businesses that are formed and of those that are incorporated, I'd guess that a very small fragment are incorporated through Stripe Atlas.

Most businesses in the state I live in, as well as the states around me (what someone in SF or NY would call flyover) are handled by a registered agent (trivial, not even in a fee to become an agent in most states, just a valid local address) or the owner.

tbh I still don't understand why anyone bothers paying anyone or anything to do the paperwork, it's not like Federal taxes

Re: Stripe acquires Clerky

#54

Post by echelon »

john_strinlai wrote: post #52
echelon wrote: post #45

Earlier quoted context omitted.

When faced with a wall of text, I make a decision to either find the homepage (which I did this time) or click back to the HN discussion. I've been bitten far too many times by low info density wall of text. I think this is many people's algorithm.

> When faced with a wall of text wall? it is less than 400 words, separated over 5 paragraphs. is that what counts as a "wall" now? your comment is longer (49 words) than it takes to get to the answer of what clerky does (45 words).

The paragraphs descend below the page fold. The paragraphs in view have 10 lines of height and a hero image takes up the first half. It's a bad shape.

The one question I want answered is "what is Stripe buying?" I know the prose is typical acquisition copy. I can figure out the strategy myself once I know what was bought.

Re: Stripe acquires Clerky

#55

Post by anthonypasq »

echelon wrote: post #54
john_strinlai wrote: post #52

Earlier quoted context omitted.

> When faced with a wall of text wall? it is less than 400 words, separated over 5 paragraphs. is that what counts as a "wall" now? your comment is longer (49 words) than it takes to get to the answer of what clerky does (45 words).

The paragraphs descend below the page fold. The paragraphs in view have 10 lines of height and a hero image takes up the first half. It's a bad shape. The one question I want answered is "what is Stripe buying?" I know the prose is typical acquisition copy. I can figure out the strategy myself once I know what was bought.

youve spent 100x the time arguing about the point as it would have taken you to read 2 sentences further.

for someone who goes on about how busy and valuable your time is, you are making some interesting decisions

Re: Stripe acquires Clerky

#56

Post by anthonypasq »

hibikir wrote: post #14
codemog wrote: post #13

What’s with all these acquisitions? Stripe realizing it’s going to slowly become PayPal 2.0 because infinite growth doesn’t exist?

Doing just payments is a really low margin industry, and the larger the contract you are after, the lower the margins. Therefore, it makes a lot of sense to try to sign up startups, as their growth is your growth. And to win in the startup market, you don't win by lowest costs, but by how much generic work you can save them. Cut their headaches, and they'll be happy giving you a wider cut. Thus, a million little acqu…

Why would payments be low margin? You're making a small amount on each transaction, but to you thats essentially all profit no?

Re: Stripe acquires Clerky

#57

Post by antaviana »

forshaper wrote: post #53
ElProlactin wrote: post #48

Earlier quoted context omitted.

Yeah, it's not even close. Stripe Atlas is a very small part of the market. It doesn't mean the product isn't good but every year, over a million new businesses that are formed and of those that are incorporated, I'd guess that a very small fragment are incorporated through Stripe Atlas.

Most businesses in the state I live in, as well as the states around me (what someone in SF or NY would call flyover) are handled by a registered agent (trivial, not even in a fee to become an agent in most states, just a valid local address) or the owner. tbh I still don't understand why anyone bothers paying anyone or anything to do the paperwork, it's not like Federal taxes

Why would you pay someone to do Federal Taxes? Are they difficult to do in the US?
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