I've always wondered: What was Stripe's actual MVP when they started? How did they MVP in a few weeks, and start charging cards?
Stripe’s new funding round values company at $35B
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Re: Stripe’s new funding round values company at $35B
#112[Stripe cofounder] Thanks to everyone here who took a chance on us in the beginning and shared helpful feedback over the years! How to serve startups/developers more effectively at scale is still the main thrust of our product focus. We've fixed and improved a lot of things since we launched here in 2011, but we also still have a lot of work to do. (Both "obvious things we want to fix" and "new functionality we want…
What was your MVP that you were charging cards in a few weeks of start?
Re: Stripe’s new funding round values company at $35B
#113Adyen is _way_ ahead in terms of revenue, yet only at a $25b valuation. I don’t see how $35b can be justified when their direct competitor is twice as big and growing twice as fast. This seems like a recipe for another WeWork.
Re: Stripe’s new funding round values company at $35B
#114[Stripe cofounder] Thanks to everyone here who took a chance on us in the beginning and shared helpful feedback over the years! How to serve startups/developers more effectively at scale is still the main thrust of our product focus. We've fixed and improved a lot of things since we launched here in 2011, but we also still have a lot of work to do. (Both "obvious things we want to fix" and "new functionality we want…
Kudos to Stripe on an amazing journey! Interesting to revisit the original HN submission of Stripe's launch:
Re: Stripe’s new funding round values company at $35B
#115You know you have a killer product when your customers will literally fly half way around the world just to use it. When I started my company (since acquired) in 2012, Stripe was so game changing I flew from Australia to the US to open a bank account so we could use it. While we could incorporate in the US online, we had to turn up in person at a bank to open an account. The only alternatives in Australia at the time…
Ha! Glad you were able to find a way. We still think it could be easier, even with Atlas and Australia support now. Would you be up to chat more? edwin@stripe.com
Re: Stripe’s new funding round values company at $35B
#116Great company but it’s too hard to infer value from such a small investment.
Also I see little true (high-tech) innovation with the "SV Elite".
It seems that people are more interested in cornering markets than in creating exciting new things. The valuation doesn't surprise me because that's how you corner markets, by first building a huge pile of money.
Re: Stripe’s new funding round values company at $35B
#117[Stripe cofounder] Thanks to everyone here who took a chance on us in the beginning and shared helpful feedback over the years! How to serve startups/developers more effectively at scale is still the main thrust of our product focus. We've fixed and improved a lot of things since we launched here in 2011, but we also still have a lot of work to do. (Both "obvious things we want to fix" and "new functionality we want…
Just want to say your Connect product is INCREDIBLE. Our company couldn't function (at least not well and at scale) without it!
Re: Stripe’s new funding round values company at $35B
#118[Stripe cofounder] Thanks to everyone here who took a chance on us in the beginning and shared helpful feedback over the years! How to serve startups/developers more effectively at scale is still the main thrust of our product focus. We've fixed and improved a lot of things since we launched here in 2011, but we also still have a lot of work to do. (Both "obvious things we want to fix" and "new functionality we want…
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Re: Stripe’s new funding round values company at $35B
#119[Random techie]
This makes total sense. Stripe is driving the example for OSS for all countries to follow.
Thank you Stripe Co-founders. I appreciate your work and effort to bring GH where it is today.
Re: Stripe’s new funding round values company at $35B
#120Earlier quoted context omitted.
Not OP but I've used the Stripe API extensively (I know it nearly end to end due to implementing one of the framework client libraries) and to me the parts that come to mind if I think "bloat"/"unintuitive" are SKUs, Coupons, and most likely what GP is talking about the new payment intent APIs, even though I don't think there's a real way you could implement them any better given the PSD2 requirements. By far Stripe…
> ... most likely what GP is talking about the new payment intent APIs, even though I don't think there's a real way you could implement them any better given the PSD2 requirements. Yes, definitely this. Payment intents is so much more complicated and convoluted than the previous "Charges" API. Stripe went from one of the easiest bits of my app to develop to one of the most difficult, to the point where I'll admit it…
Yes, I feel Stripe has lost its edge with the new APIs. Interesting to hear 'demotivating' used as that's how I felt for a while. I needed many requests with Stripe support and could see the docs changing each time I returned to the task.
The interesting one for me is the way the client triggers the transaction, and the server has to asynchronously process that. I'm pretty sure I'm still having dreams at night about all the edge cases and whether I've truly covered them. Others are probably a more "that seems to work" style of development.
I was really happy with my idempotent IDs before....