Stripe acquires Lemon Squeezy • Hacker News Board

Re: Stripe acquires Lemon Squeezy

#31

Post by mmckelvy » Fri, Jul 26, 2024, 5:21 PM UTC

Is there a version of Lemon Squeezy for SaaS companies?

Re: Stripe acquires Lemon Squeezy

#32

Post by nikolay » Fri, Jul 26, 2024, 5:24 PM UTC

Acquires the customers and the team?

Re: Stripe acquires Lemon Squeezy

#33

Post by vsl » Fri, Jul 26, 2024, 5:26 PM UTC

seanwilson wrote: post #20

Are there any plans to adjust the extra % fees that get added to international, PayPal, and subscription payments, and payouts? ( https://docs.lemonsqueezy.com/help/getting-started/fees ) I found these surprising as I didn't see them mentioned on the pricing page near "Transaction fees ... 5% + 50¢" ( https://www.lemonsqueezy.com/pricing ).

Yes, that was a surprise. It was nice to learn about another MoR offering, but this makes them uncompetitive with Paddle, who uses flat 5% + $0.50.

Re: Stripe acquires Lemon Squeezy

#34

Post by erulabs » Fri, Jul 26, 2024, 5:31 PM UTC

Good to see M&A get back on track -- PC, whom I would trust much more than any living economist, must be somewhat positive about the near future? Congrats to the lemon squeezy team!

Re: Stripe acquires Lemon Squeezy

#35

Post by ajkjk » Fri, Jul 26, 2024, 5:33 PM UTC

erulabs wrote: post #34

Good to see M&A get back on track -- PC, whom I would trust much more than any living economist, must be somewhat positive about the near future? Congrats to the lemon squeezy team!

Why do you prefer M&A happening?

Re: Stripe acquires Lemon Squeezy

#36

Post by mbStavola » Fri, Jul 26, 2024, 5:35 PM UTC

Merchant of Record is a cool feature to have-- Stripe Tax works well but the pricing structure is horrible. Paying a flat fee for dedicated tax handling would be considerably better!

Now if only we could somehow get MoR for marketplaces...

Re: Stripe acquires Lemon Squeezy

#37

Post by alberth » Fri, Jul 26, 2024, 5:35 PM UTC

purple_ferret wrote: post #24

Did Stripe get spooked by this?: https://www.lemonsqueezy.com/blog/guillermo-rauch-vercel-ceo

My guess, it’s not.

And probably just a great compliant to their TaxJar acquisition from 2021 (+ entry into Paddles space).

https://stripe.com/newsroom/news/taxjar

Re: Stripe acquires Lemon Squeezy

#38

Post by com » Fri, Jul 26, 2024, 5:37 PM UTC

sidcool wrote: post #22

Stripe could easily replicate the features that lemon squeezy has. It's not about technology, it's about the clientele, brand and talent

And about Stripes internal inability to deliver on the actual product. Lemon Squeezy is laser focussed - Stripe is not.

Smart founders will be looking carefully and observing how Stripe fails to retain clientele and think about creating something that fits the Lemon Squeezy gap in the market.

Re: Stripe acquires Lemon Squeezy

#39

Post by com » Fri, Jul 26, 2024, 5:37 PM UTC

th3w3bmast3r wrote: post #12

I am always nervous about acquisition. Only time will tell if this is going to be good or bad.

Based on prior experience: almost certainly bad.

Re: Stripe acquires Lemon Squeezy

#40

Post by com » Fri, Jul 26, 2024, 5:38 PM UTC

9dev wrote: post #28

the_mitsuhiko wrote: post #2

> Rest assured, we’ll continue delivering the same fantastic product and reliability you’ve come to trust. We’ll be in touch as we work through this process with any updates as they come along. We’re excited about finding the best ways to combine Lemon Squeezy and Stripe. That sounds somewhat promising but not entirely committed.

That sounds like just about every single post-acquisition statement ever made.

And one year later, the product promise is dead, buried and rotten.

I hope not, this time, but if I were a betting man…