It 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.
OpenRouter is joining Stripe
21–30 of 532 posts
Re: OpenRouter is joining Stripe
#22[flagged]
Re: OpenRouter is joining Stripe
#23Earlier quoted context omitted.
Tokens are just a type of currency. Stripe is a middleman for currency. Using something like OpenRouter (or any of the AI Gateways) is better than tying yourself to one LLM provider that can rug pull on pricing or change models in a way you don't like. The value is in the network effect I think. OpenRouter is popular and has a good head start over anything Stripe could build internally.
Tokens are not a currency, tokens aren’t fungible and cannot be traded
Isn’t this what Venice.AI is essentially trying to do?
Re: OpenRouter is joining Stripe
#24Re: OpenRouter is joining Stripe
#25Shut up and take my money (via Stripe)!
Re: OpenRouter is joining Stripe
#26> Today, we are excited to announce that we are joining forces with Stripe, to power the next wave of GDP growth globally. This is some high level meaningless corpo speak.
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Re: OpenRouter is joining Stripe
#27Could someone explain why these routers are so valuable and pulling acquisitions in the billions?
OpenRouter allows you to have 1 API key to access hundreds of models across dozens of providers. Can’t explain the valuation since everything in this space is rationally overvalued, but I don’t think OpenRouters valuation is that surprising, all things considered.
I use it because it makes A/B testing different models really easy
Re: OpenRouter is joining Stripe
#28Congrats!
"Don't post generated text or AI-edited text. HN is for conversation between humans."
Re: OpenRouter is joining Stripe
#29Could someone explain why these routers are so valuable and pulling acquisitions in the billions?
Tokens are just a type of currency. Stripe is a middleman for currency. Using something like OpenRouter (or any of the AI Gateways) is better than tying yourself to one LLM provider that can rug pull on pricing or change models in a way you don't like. The value is in the network effect I think. OpenRouter is popular and has a good head start over anything Stripe could build internally.
Yeah, I mean, it looks like a network effect, but anybody can aggregate the models; rather, it is the switching costs in the logs and work, and the cost savings, etc.
Re: OpenRouter is joining Stripe
#30This has to be all about cashflow, right?
Surely stripe if anyone have learned to harness the cash flowing through their system. Hell, they could be emitting bonds on expected token consumption bills!