Congratulations to the OpenRouter team!
OpenRouter is joining Stripe
201–210 of 532 posts
Re: OpenRouter is joining Stripe
#202Earlier quoted context omitted.
Every token/llm provider already has usage metering...so not sure what exactly you're imagining stripe adds here
Aggregation behind one interface, just like the actual token product.
That's what OpenRouter already does, so the Stripe value add here is still unclear
Re: OpenRouter is joining Stripe
#203Earlier quoted context omitted.
You create an account. Pay money. Get API key. Use APIs.
But if you use any decent amount of tokens, it's probably worth saving the 15% by moving to the provider they're proxying. 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.
15%? Isn't the fee 5.5% with lower fees for enterprise customers?
Re: OpenRouter is joining Stripe
#204Earlier quoted context omitted.
OpenRouter is already the entrenched go-to router tbh. There's competitors (Vercel) but they're already well known. Stripe can also make them more competitive because they can waive / profit off the transaction cost. Considering stripe takes like a 3% fee, and the openrouter markup is 5%, that's a pretty big boost. Now is that enough revenue to earn back 7B.... I'm not too sure. I guess they're betting realy big that…
I don't get the 'transaction fee reduction' arguments. Yeah they can reduce the fee, which in turn reduces profit margin... any other product/service in a similar position can do the same... it's not some sort of free win
This was the same thinking behind Vanguard funds.
Re: OpenRouter is joining Stripe
#205AI products are going to have to deal with accounting. An agent performs some work. It uses some models and perhaps some other metered services. Someone has to meter that activity. They have to attribute costs, apply the product's pricing rules, bill the customer, collect, reconcile with vendors, and maintain the ledger. Stripe can use OpenRouter to build the financial and accounting infrastructure for every product…
Every token/llm provider already has usage metering...so not sure what exactly you're imagining stripe adds here
A single policy location for multiple models with usage limits/rate limits, spend limits all configurable using a common syntax + deep integration with account levels and high visibility into subscription/payments related to meter usage to help understand whether or not your pricing model is underwater as costs change is exceptionally valuable. AFAIK each product consuming model providers without an openrouter style proxy has to do that work themselves, and if you are already using stripe for subs/payments, the direct integration is a huge value add for customers, especially if you can alert on "upcoming price changes from your provider changes your unit economics for XYZ packages/sub tiers".
Re: OpenRouter is joining Stripe
#206Earlier quoted context omitted.
Stripe is a high-velocity environment. OpenRouter (OR) is a startup so might move fast, but unsure if OR can handle the velocity with corporate guardrails put in place already. Any companies that are bought go through culture crashes, and I am interested in how this plays out.
In what way is Stripe a 'high-velocity environment' ?
I was saying, they grill you hard in a nicest possible way
Re: OpenRouter is joining Stripe
#207This feels defensive and reactionary after Ramp started getting deeper into AI.
and pretty sure they're gonna drop crypto currencies as payment on the platform too
Re: OpenRouter is joining Stripe
#208Earlier quoted context omitted.
This won't work because you consider humans as a logical being (Homosapiens is a misnormer). People will revolt first should one have to trade physical goods (such as food that we need for daily lives) with computing power. It only takes a few people to incite.
i like what you did with misnormer. it's like pobody's nerfect. you are right, there will be revolt definitely. i think computing power will replace a lot of things though.
I agree that the computing power will replace not just softwares and also as many phycial work via robots.
I am not smart enough to see further what else are disposable or replaceable
Re: OpenRouter is joining Stripe
#209Kiss of death for OpenRouter.
In five years they will be struggling.
In ten they will be dead.