Will you keep your old iPhone if you knew what the new version will do?
Stripe responds to the Financial Connections/Plaid kerfuffle
31–40 of 191 posts
Re: Stripe responds to the Financial Connections/Plaid kerfuffle
#32I’ll never get over how regressive it is that we are literally clicking on images filled with text as a way to share… text. I seriously cringe each time, lol. Anyway, on topic, it’s good to see this little debacle behind them. Both stripe and plaid offer good services and competition is good in any case. I do wonder if there’s some room for innovation here from Google and Apple. It would be interesting to see if it’s…
>we are literally clicking on images filled with text as a way to share… text. In this case, it sounds like the original post was removed, so the only thing left would be images types of things. Also, does an image/screengrab add any more validity to something rather than text quoted on another page/site?
Re: Stripe responds to the Financial Connections/Plaid kerfuffle
#33Plaid has enjoyed years of life without much direct competition. My hunch is that few other businesses were interested in the space because it feels inherently fragile, and Plaid has had the benefit from having spent years doing a lot of sausage making.
The inevitable dynamics of competition are finally catching up to them. In established corners of SaaS a vendor with a unique idea barely gets 6 months before their competitors have replicated anything that shows signs of product market fit. Not saying it doesn’t sting, but that’s reality.
Re: Stripe responds to the Financial Connections/Plaid kerfuffle
#34As a consumer, I'd welcome some more competition in this space. All of the personal finance aggregation apps I've tried, e.g. Mint, YNAB, Personal Finance, etc. have used Plaid and almost always, I have issues with connecting one or more banks on any given day. Submitting tickets re: connection issues rarely resolves in a timely manner too.
Re: Stripe responds to the Financial Connections/Plaid kerfuffle
#35Correct me if I'm wrong, but it seems like Stripe just nuked the whole of Plaid's platform and value proposition from orbit. Plaid just went from a decacorn to a cheap acquisition target for PayPal, Square, Shopify, etc. I can understand this being absolutely gut wrenching for the founders and early employees that are still on board. It must feel like having tangible dreams crushed. Not as bad as a cancer diagnosis,…
Re: Stripe responds to the Financial Connections/Plaid kerfuffle
#36I think that people underestimate what this feels like for the Plaid founder and potentially for Patrick too. For Plaid you've spent your life building this business. Presumably there are many happy customers and you're working really hard to define the space and provide service. One morning you flip on your laptop and see a headline that one of your customers (and competitors) launched a new service that directly co…
Re: Stripe responds to the Financial Connections/Plaid kerfuffle
#37I’ll never get over how regressive it is that we are literally clicking on images filled with text as a way to share… text. I seriously cringe each time, lol. Anyway, on topic, it’s good to see this little debacle behind them. Both stripe and plaid offer good services and competition is good in any case. I do wonder if there’s some room for innovation here from Google and Apple. It would be interesting to see if it’s…
Frankly, this sort of thing has caused me to become a very regular user of Google Lens on my phone. I just copy the text out of the image and go on about my day.
Improving the usability of image -> text translation is probably the most effective way forward, as silly as that may seem.
Re: Stripe responds to the Financial Connections/Plaid kerfuffle
#38I think that people underestimate what this feels like for the Plaid founder and potentially for Patrick too. For Plaid you've spent your life building this business. Presumably there are many happy customers and you're working really hard to define the space and provide service. One morning you flip on your laptop and see a headline that one of your customers (and competitors) launched a new service that directly co…
Re: Stripe responds to the Financial Connections/Plaid kerfuffle
#39I think that people underestimate what this feels like for the Plaid founder and potentially for Patrick too. For Plaid you've spent your life building this business. Presumably there are many happy customers and you're working really hard to define the space and provide service. One morning you flip on your laptop and see a headline that one of your customers (and competitors) launched a new service that directly co…
Re: Stripe responds to the Financial Connections/Plaid kerfuffle
#40I’ll never get over how regressive it is that we are literally clicking on images filled with text as a way to share… text. I seriously cringe each time, lol. Anyway, on topic, it’s good to see this little debacle behind them. Both stripe and plaid offer good services and competition is good in any case. I do wonder if there’s some room for innovation here from Google and Apple. It would be interesting to see if it’s…
If Reddit made it easy for me to follow people and have stuff pop into my feed like Twitter, I'd walk away from Twitter.